economy
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Bail out workers, not Wall Street!
When a worker can’t pay his or her credit card bill, that’s their problem. When a working class family can’t…
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Increase in bankruptcy filings by the elderly
Older Americans, hit hard by the economic crisis, have been declaring bankruptcy in significantly increasing numbers according to a report…
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Low-cost housing at risk in Los Angeles
Los Angeles could lose thousands of affordable apartments in the next five years as contracts requiring landlords to rent to…
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Distressed sales of homes reach record rate
Falling home prices resulted in a 3.1 percent increase in sales in July, the largest leap since February. However, 33…
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Americans hit hard by high health care costs
A survey released Aug. 20 reveals that increasing numbers of Americans are going into debt, not getting adequate medical treatment,…
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Political conventions awash in corporate cash
Corporations are taking advantage of a legal loophole created by the House ethics committee to allow corporate lobbyists to host…
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Rising inflation adds to pocket book crisis for workers
Throughout the country, workers―especially the unemployed and the poorest workers―are finding it increasingly difficult to keep up with skyrocketing pr…
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Neither Democrats nor Republicans can solve the economic crisis
The potential of a deep economic crisis looms over U.S. society. As is always the case under capitalism—a system based…
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Loss of home equity credit another blow to struggling homeowners
Many homeowners struggling with payments are faced with another crisis: Morgan Stanley, the second biggest U.S. securities firm, has informed…
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State gov’ts use revenue shortfalls to slash social spending
The Center on Budget and Policy Priorities reports that at least 29 states and the District of Columbia are facing…
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