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Economy Adds 312,000 Jobs in December and Wage Growth Creeps Upward

January 4, 2019           |                                       

Biggest Threat to Single-Payer? Democrat Support for a Public Option I Am a Teacher in Los Angeles and I Am Ready to Go on Strike Watching the World Burn: Truthout Readers Share Their Climate Stories House Democrats Release Sweeping Legislation to Drain the Swamp The EPA Has Backed Off Enforcement Under Trump. Here Are the […]

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U.S. Employers Add Stellar 312,000 Jobs in December

January 4, 2019           |                                       

WASHINGTON — U.S. employers dramatically stepped up their hiring in December, adding 312,000 jobs in an encouraging display of strength for an economy in the midst of a trade war, slowing global growth and a partial shutdown of the federal government. The Labor Department says the unemployment rate rose slightly to 3.9 percent, but that […]

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Protecting the planet requires scaling down, not up. de • growth noun 1. A decrease in the energy and raw material used by human economies, and a managed decline in GDP 2. The movement to bring about this decrease in an equitable, sustainable and democratic manner An economic decline—isn’t that called a depression?  It’s true that economic contraction usually hits […]

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Progressive Activists Are Winning in Red States Big Tobacco Won’t Take Menthol Ban Lying Down Shark Fishing Tournaments Devalue Ocean Wildlife and Harm Conservation Judge Rules Against Pre-Construction Work on Keystone XL Swept Up in France’s Yellow Vest Protests Carbon Emissions Will Reach a Record High of 37 Billion Tons in 2018 At the COP24 […]

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Economy Rises at a Solid 3.5% Annual Rate for Quarter

November 28, 2018           |                                       

WASHINGTON — The U.S. economy expanded at a solid 3.5 percent annual rate in the July-September quarter, led by lower but still strong consumer spending and more business investment than previously estimated. The Commerce Department’s figure for gross domestic product, released Wednesday, was the same as its first estimate last month. GDP is the broadest […]

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Climate Change Is the Product of How Capitalism “Values” Nature

November 18, 2018           |                                       

House Republicans, Terrible Before the Midterms, Are Now Much Worse Parents Deliver Ashes of Diabetic Children to Price-Gouging Insulin Manufacturer What the Latest Bipartisan Prison Reform Gets Wrong and Why It Matters Progressives, Please Don’t Defend Broken Promises on Immigration Trump’s Craft Strategy: Discredit Everyone Until Nobody Believes Anything The STOP Walmart Act Is Rewriting […]

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Global production networks create economic growth, and thus are often said to be good for development. But if that’s true, why do so many poor people live in middle-income countries? Neil Moralee/Flickr. (cc-by-nc-nd) On 8 October 2018 we published the BTS Round Table on the Future of Work, in which 12 experts explain recent changes […]

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For Some, a Vibrant U.S. Economy Complicates Voting Decision

November 3, 2018           |                                       

EXTON, Pennsylvania—For many voters in America’s affluent suburbs, a flourishing economy is forcing a thorny dilemma for the midterm elections. Do they vote Democratic, in part to protest President Donald Trump for behavior some see as divisive and unpresidential? Or do they back Republicans in hopes that the economy will continue thriving under the majority […]

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Please Support CounterPunch’s Annual Fund DriveWe don’t run corporate ads. We don’t shake our readers down for money every month or every quarter like some other sites out there. We only ask you once a year, but when we ask we mean it. So, please, help as much as you can. We provide our site […]

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I keep hearing that although Trump is a scoundrel or worse, at least he’s presiding over a great economy. As White House economic adviser Larry Kudlow recently put it, “The single biggest story this year is an economic boom that is durable and lasting.” Really? Look closely at the living standards of most Americans, and […]

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Colorado Voters Will Weigh in on Drilling Distances From Homes and Schools

September 29, 2018           |                                       

Blasey Ford, White Male Privilege and the Reckoning to Come Aggressive Kavanaugh Portrays Himself as Victim Drug Arrests on the Rise Under Trump Over 50 Groups Call on Grassley to Resign as Judiciary Committee Chair Blasey Ford Is “100 Percent Positive” Brett Kavanaugh Attempted to Rape Her ICE Deports Mauritanian Man Who Escaped Ethnic Cleansing […]

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Antibiotics in agriculture: The blurred line between growth promotion and disease prevention

September 19, 2018           |                                       

Shelby Luce, an associate at the US Public Interest Research Group said: “The federal government has not taken appropriate action to stem this problem and the use of some of our most important medicines without restriction is irresponsible and dangerous to public health. These guidelines, essentially, just change the label without provoking meaningful behaviour change.” […]

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