Friday July 19, 2019
| Last update: Thursday at 5:12 PM
BY Masao Suzuki | San José, CA | 4/27/19
On Friday, April 26, the Bureau of Economic Analysis (BEA) issued its first report on economic growth in 2019. The country’s Gross Domestic Product, or GDP, which measures the total production of goods and services, grew at a 3.2% annual rate during the first three months of the year (January to March). This was stronger than most economists expected.
BY Masao Suzuki | San José, CA | 9/18/18
On Sept. 17, President Trump announced that tariffs of 10% will be slapped on $200 billion of Chinese goods starting Sept. 24. These tariffs will rise to 25% at the beginning of 2019.
BY Jess Schwartz | New York, NY | 7/05/18
On June 5, fashion designer Kate Spade died via suicide. Three days later, chef and TV personality Anthony Bourdain also committed suicide. Along with his TV show, Bourdain was a supporter of Palestine and the #MeToo movement, as well as openly criticizing Henry Kissinger for his foreign policy.
BY Staff | Washington, DC | 6/16/18
A June 16 article in Rodong Sinmun, the leading daily newspaper in the Democratic People’s Republic of Korea (DPRK) stated, “capitalism is a gloomy society as it has no future.”
BY Masao Suzuki | United States | 5/03/18
Fight Back! will be running a number of articles to coincide with the 200th anniversary of the birth of Karl Marx.
BY Fabian Van Onzin | Houston, TX | 8/03/17
During the last elections, Hillary Clinton, who used a sort of bourgeois ‘feminism’ to sell reactionary ideas to the public. Since then, there have been a number of films, such as Wonder Woman, that use images of powerful women to promote a pro-war capitalist agenda. Atomic Blonde is the latest of this genre.
BY Masao Suzuki | San José, CA | 6/03/17
On May 24, Steven Mnuchin, Trump’s Secretary of the Treasury and former Wall Street investment banker for Goldman Sachs, urged Congress to raise the federal debt limit before they go on break July 28. The U.S. Treasury first bumped up against the maximum that the U.S. government can borrow back in March, and has been continuing to borrow by using accounting measures.
BY Masao Suzuki | San Jose, CA | 1/02/16
In December of 2015 the Pew Research Center released a report on the decline in middle-income Americans, who now make up a minority of the population, down from 60% in the 1970s. Their share of income has fallen even more, from more than 60% in the 1970s to only 43% in 2014, as upper-income households share has risen from 30% to 49% over the same period of time.
BY Masao Suzuki | San José, CA | 8/18/15
In May of 2015, the official unemployment rate was 5.5%, close to the 5.0% rate in December 2007 when the last recession began. But despite what appears to be a recovery in the labor market, wages continue to rise at a very slow rate while profits have soared. In fact, businesses used the recession to continue their restructuring of the labor market in their interests, to the detriment of those who have to work for a living.
BY Masao Suzuki | San José, CA | 7/03/15
On July 2, the Labor Department released its report on the job market for June of 2015.
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