Archive for category Economics

Unemployment rate at 16 year high: Now is the time to resist

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A report released by the U.S. Bureau of Labor Statistics suggests that the economic recession is going to get worse before it gets better.  Some economists predict that anywhere between 2 -3 million jobs or more may be lost by the end of 2009 alone.  The magnitude of job losses that took place since the end of 2007 was, as many experts confirm, the sharpest since the beginning of the post-war era.  Last year the United States lost a total of approximately 3 million jobs – the largest annual figures on record.

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How Can We Get Real “Change?”

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The victory of Barrack Obama in the 2008 presidential elections signaled, for many people, the dawning of a new progressive era in American politics. The slogans, “change” and “hope,” were recognized and welcomed by diverse sections of U.S. society – especially after eight years of Republican dominance in Washington. Now that Obama is in the driver’s seat of the most powerful nation on Earth, the question is, where do we go from here?

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