- It’s Wages, Stupid - By focusing on supply, economists and policymakers have lost sight of the fact that driving down wages destroys demand http://www.newdeal20.org/2011/11/17/its-wages-stupid-64891/ 165 comments politics
- Surge in Unemployment in the US: No Economic Recovery in Sight. "Mainstream economists were predicting a smooth upswing in employment, but in September 263,000 more jobs were lost, 62,000 more than August." http://globalresearch.ca/index.php?context=va&aid=15537 10 comments politics
- America’s 1% never had it so good. Another 10% or so are OK. Most others face harder than ever hard times with no end of misery in sight. Expect no change post-November, no matter who’s elected president or controls Congress. Economist Paul Craig Roberts calls America’s economy “dead.” http://www.veteranstoday.com/2012/03/31/papering-over-disaster/ 347 comments politics
- US sheds 600,000 jobs in January | Economists used the following terms to describe the Labor Department figures: "horror show," "alarming," "terrible toll," "endless spiral," "no end in sight," "slow motion train wreck," "horrific," "massive hemorrhage," and "stunning." http://www.wsws.org/articles/2009/feb2009/jobs-f07.shtml 33 comments business