Turning Mirage Recovery into Real Recovery

people need jobs

ecently, news reporters have been sounding almost giddy, saying that unemployment is dropping, housing prices are rising and the stock market is growing to new highs. But, these reports do not ring true with what people see around them. When you look beyond the sunny headlines, the sad reality is mirage recovery. The economy is limping […]

Despite Surge, Taliban Attacks, U.S. Casualties Soared

afghan-war-wide

Gareth Porter: Data on attacks by armed opposition forces and U.S. combat casualties since the U.S. troop surge in Afghanistan was completed last summer provide clear evidence that the surge and the increase in targeted killings by Special Operations Forces have failed to break the momentum of the Taliban.

The Great Disconnect Between Stocks and Jobs

Unemployment

In the Great Recession of 2008-2009, companies are going a step further. They’re using this sharp downturn to cut payrolls even below where they were when times were good. Outsourcing abroad, setting up shop in China and elsewhere, contracting out, replacing people with software and automated machines – they’re doing whatever it takes to get payrolls down so earnings bounce up.

When Will Obama See Afghanistan’s Daughters as His Own?

girlreading

Congratulations to the White House and Congress: America is now at war in three Middle Eastern nations, on behalf of governments in all three that are weak, unpopular, and corrupt.

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