Tag Archives: GDP

The Evidence Pours In: Poverty Is Getting Much Worse In America

By Paul Buchheit Source: Occupy.com A White House report recently proclaimed that the “War on Poverty is largely over and a success.” United Nations Ambassador Nikki Haley said it was “ridiculous for the United Nations to examine poverty in America.” Well-positioned Americans … Continue reading

Posted in Corporate Crime, culture, Economics, elites, Environment, Financial Crisis, Health, Housing Crisis, Inequality, Labor, Neoliberalism, Oligarchy, Social Control, Social Engineering, society, Sociology, State Crime | Tagged , , , , , , , , , , , , , , , , , | 4 Comments

The Great Ponzi Scheme of the Global Economy

By Michael Hudson and Chris Hedges Source: CounterPunch CHRIS HEDGES: We’re going to be discussing a great Ponzi scheme that not only defines not only the U.S. but the global economy, how we got there and where we’re going. And with me … Continue reading

Posted in Conspiracy, Corporate Crime, Corporate Welfare, Corruption, culture, Economics, Empire, Financial Crisis, History, Recession, Social Control, society, war | Tagged , , , , , , , , , , , , , , , , , , | Leave a comment

Is the US Economy Heading for Recession?

By Jack Rasmus Source: Global Research This past week the U.S. government announced the country’s economy rose in the January-March 2016 at a mere 0.5 percent annual growth rate. Since the U.S., unlike other countries, estimates its GDP based on … Continue reading

Posted in Consumerism, corporate news, culture, Economics, Financial Crisis, History, Labor, media, news, Recession, Social Control, society, Sociology, Work | Tagged , , , , , , , , , , , | Leave a comment

The US economy has not recovered and will not recover

By Paul Craig Roberts Source: Intrepid Report The US economy died when middle class jobs were offshored and when the financial system was deregulated. Jobs offshoring benefitted Wall Street, corporate executives, and shareholders, because lower labor and compliance costs resulted … Continue reading

Posted in Corporate Crime, corporate news, Corruption, culture, Economics, Empire, Financial Crisis, History, Recession, Social Control, society | Tagged , , , , , , , , , , , , , , , , | 6 Comments