From Bob Herbert’s Letters From Vermont: “The letters to Senator Sanders offer a glimpse into the real lives of ordinary people in an economic environment that was sculpted to favor the very rich. One of the letters was from a woman in central Vermont who said she and her husband are in their mid-30s, are [...]
From Bob Herbert’s As Jobless Rate Soars, Young People Are Left to Drift: “Just a little bit of help to the millions of youngsters trying to get their first tentative foothold in that economy should not be too much to ask. It’s not as if these kids don’t want to work. Many of them search [...]
From Slate’s Four-dollar-per-gallon gas is cheap!: “Gasoline is also cheap compared with other essential fuels. A Starbucks venti latte costs the equivalent of $23 per gallon, while Budweiser beer runs $11 per gallon.”
Check out Gazeta Mercantil’s ad campaign Understand the Real Value of Money. It’s some cool and powerful shit.
From Rutland Herald’s Lawmakers approve sales tax holiday: “The sales tax holiday weekend [in Vermont] is on July 12-13, with a longer period without sales tax on energy- efficient appliances over the following days. The plan is expected to cost more than $2 million in decreased state revenue, which will be paid for by dipping [...]
April 16, 2008 – 11:17 am
From a long, long, long article on Alternet, entitled, Wall Street and Washington Are Failing Spectacularly — Where Do We Go?: “If we are to alter and reform the two centuries old patterns of industrial society, we must also completely re-evaluate our understanding of economics. We can begin to do this quite easily by first [...]
March 21, 2008 – 10:57 am
From Paul Krugman’s Partying Like It’s 1929: “Contrary to popular belief, the stock market crash of 1929 wasn’t the defining moment of the Great Depression. What turned an ordinary recession into a civilization-threatening slump was the wave of bank runs that swept across America in 1930 and 1931. This banking crisis of the 1930s showed [...]
March 14, 2008 – 11:22 am
From NY Times’s Economy Hammered by Toxic Blend of Ailments: “Lower interest rates and increased federal spending may not be enough to shore up growth, and some suggest that the only remedy for the pain may be the pain itself.”
From Firedoglake’s How This Economy Is Going To Play Out: “As the American economy collapses around us so too will a lot of the American power and policy apparatus which has made the status quo, a status quo which has served so few so well, and so many badly, so hard for anyone to change. [...]
February 14, 2008 – 03:13 pm
From the Rutland Herald’s Bush signs stimulus bill; checks to be sent by spring: “President Bush signed legislation Wednesday to rush rebates ranging from $300 to $1,200 to millions of people, the centerpiece of government efforts to brace the wobbly economy. First, though, you must file your 2007 tax return.” [Remember, terrorists save their rebate; [...]
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