RECENT NEWS

Economy Faces a Jolt as Benefit Checks Run Out

An extraordinary amount of personal income is coming directly from the government. By Motoko Rich New York Times, July 10, 2011 Close to $2 of every $10 that went into Americans’ wallets last year were payments like jobless benefits, food stamps, Social Security and disability, according to an ... Read more

The dramatic effect of poverty on death rates in the US

By Debra Watson WSWS, July 13, 2011 A research team from Columbia University’s Mailman School of Public Health in New York City has estimated that 875,000 deaths in the US in 2000 could be attributed to a cluster of social factors bound up with poverty and income inequality. According to ... Read more

Nearly $2 Trillion Purloined from U.S. Workers in 2009

By James M. Cypher Dollars and Sense In 2009, stock owners, bankers, brokers, hedge-fund wizards, highly paid corporate executives, corporations, and mid-ranking managers pocketed—as either income, benefits, or perks such as corporate jets—an estimated $1.91 trillion that 40 years ago would ... Read more

What History Teaches Us About the Welfare State

By Francois Furstenberg The Muskegon Chronicle In the wake of the economic crash, which has led to soaring budget deficits, Democrats and Republicans are negotiating “to move forward to trillions of spending cuts,” as House Majority Leader Eric Cantor said recently. A report from House Speaker ... Read more