U.S. Economy Topics

Economy

Democracy Now! stories, posts and pages that relate to U.S. Economy

Newest First | Oldest First
  • Suskind_button2
    An explosive new book that draws a searing portrait of the Obama administration’s failings, and early management of the economic crisis, has been met with sharp objections from officials within and outside of the White House. We speak with veteran journalist Ron Suskind, author of "Confidence Men: Wall Street, Washington, and the Education of a President." He writes that U.S. Treasury Secretary Tim Geithner ignored an order...
    September 23, 2011 | Story
  • Splash_image20110920-13835-w98z2o-0
    On Monday, President Obama proposed a new tax on millionaires as part of his plan to close the deficit and responded to opponents who have labeled his plan "class warfare." Republicans have vowed to defeat the tax, even as one in six Americans live in poverty. We speak with Rev. Jesse Jackson about how Obama’s plan also includes cuts to Medicare and Medicaid. "I would think, before we end up at that conclusion, we must go...
    September 20, 2011 | Story
  • Splash_image20110919-23685-1et2yd4-0
    Demonstrators are marching on Wall Street today on the third day of a campaign dubbed "Occupy Wall Street," which began on Saturday when thousands gathered in New York City’s Financial District. Inspired by the massive public protests in Cairo’s Tahrir Square and Madrid’s Puerta del Sol Square, hundreds have slept outside near Wall Street for the past two nights. We play a video report on the protest by Democracy Now!'s Sam...
    September 19, 2011 | Story
  • Splash_image20110919-5811-18zcjwu-0
    As President Obama prepares to outline a deficit-reduction plan that includes tax increases, as well as cuts to programs such as Medicare and Medicaid, anthropologist David Graeber proposes a radical solution: cancel the debt of the nation’s poor. "Debts between the very wealthy or between governments can always be renegotiated and always have been throughout world history. They’re not anything set in stone," says...
    September 19, 2011 | Story
  • Splash_image20110916-11937-kcuebc-0
    The Obama administration is facing scrutiny following the failure of a solar energy company that received half a billion dollars in government aid and then went bankrupt, laying off about a thousand workers. Newly disclosed internal White House emails show just 60 days after Obama took office, his administration rushed to approve a $535 million loan guarantee to the solar panel manufacturing company Solyndra, despite warnings from the Office...
    September 16, 2011 | Story
  • Splash_image20110914-6439-3p7y3y-0
    A new U.S. Census Bureau report reveals the number of people living in poverty last year surged to 46.2 million—one in six Americans—the highest number since the Bureau began tracking such data more than 50 years ago. According to the report, blacks and Hispanics together accounted for 54 percent of the poor, with whites at 9.9 percent and Asians at 12.1 percent. Children under 18 suffered the highest poverty rate. Meanwhile, the number of...
    September 14, 2011 | Story
  • Splash_image20110909-28101-1vmpurx-0
    Before a joint session of Congress, President Obama laid out a $447 billion package of tax cuts and new government spending Thursday night to help stimulate the economy and create new jobs. His speech comes at a time when 14 million people are unemployed and another 8.8 million are working part-time but seeking full-time work. The official unemployment rate stands at 9.1 percent, and the White House is predicting the rate will not fall below...
    September 09, 2011 | Story
  • Splash_image20110909-25661-133ml19-0
    This weekend, thousands of people will gather at the site of the former World Trade Center to mark the 10th anniversary of the 9/11 terrorist attacks. On Sunday, a dedication ceremony will be held for the 9/11 Memorial, which will open to the public on Monday. However, construction continues on 1 World Trade Center, which is far from complete. While the 10th anniversary has made international headlines, little attention has been paid to some...
    September 09, 2011 | Story
  • Splash_image20110909-25661-1pntw76-0
    An often-forgotten group victims in the September 11th narrative are the many rescue workers who fell sick after being exposed to contaminants at Ground Zero. According to a new article by ProPublica, recently uncovered documents reveal that federal officials in Washington and New York went further than was previously known to downplay concerns about health risks, and misrepresented or concealed information that might have protected thousands...
    September 09, 2011 | Story
  • Bragg_guitar_button
    We spend the hour with legendary British rocker and activist, Billy Bragg. His music career began in the late 1970s in London when he formed the punk rock band Riff Raff. His 1984 album, "Brewing Up with Billy Bragg," included the song "It Says Here," a critique of politics and tabloid newspapers that still rings true today in the wake of the News of the World phone-hacking scandal. In 1998 and 2000, he participated in two...
    September 05, 2011 | Story