economy
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2008 budget funds war, cuts social programs
The writer is a host on Pacifica radio’s KPFK, 90.7 FM. President Bush revealed his 2008 fiscal budget proposal on…
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Chrysler announces 13,000 job cuts, attacks unionized workforce
On Feb. 14, automaker DaimlerChrysler, one of the richest corporations in the world, announced that it would cut its U.S.…
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ExxonMobil posts highest profits ever
U.S. oil giant ExxonMobil posted $39.5 billion in profits for the year 2006. This is about $108 million a day…
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The rising costs of the Iraq war
Pentagon spending projections for the U.S. war of aggression in Iraq are hitting new highs. The Pentagon estimated that the…
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Housing recession hits workers hardest
This article first appeared in the January 2007 issue of Socialism and Liberation magazine. The housing boom, which had set…
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Anti-war movement responds to Bush: The real state of the union is anti-war
The following statement is from Brian Becker, national coordinator of the ANSWER Coalition (Act Now to Stop War and End…
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Over 744,000 homeless in world’s richest country
A recent report released by the National Alliance to End Homelessness last week gave a grim picture of the state…
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Bush’s high-stakes gamble to save ‘dollar hegemony’
Now that Bush "the decider" has opted to send thousands more troops to Iraq, what are the possible economic consequences…
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New Wal-Mart scheduling system increases worker exploitation
Wal-Mart—the largest private retailer in the United States—is about to completely change the system it uses for scheduling workers’ shifts.…
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Steelworkers end Goodyear strike, approve contract
The United Steelworkers union strike of 15 Goodyear Tire & Rubber Co. plants is over. The Steelworkers and Goodyear reached…
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