Wednesday April 8, 2020
| Last update: Wednesday at 7:05 PM
BY Adam Price | San Jose, CA | 2/02/09
Latest figures from the Federal Reserve show that the basic measure of the country’s money, or M-1, rose by $100 billion in the last three months of 2008.
BY staff | St. Paul, MN | 1/29/09
Minnesota Coalition for a People’s Bail Out organized a picket line at the Minnesota Department of Revenue Building, where Governor Pawlenty proposed his plan to address the $5.2 billion budget deficit, Jan. 27.
BY Adam Price | San José, CA | 1/24/09
On Jan. 7, the Congressional Budget Office (CBO) estimated that the federal budget deficit for this fiscal year (October 2008 to September 2009) would be $1.2 trillion.
BY Adam Price | San Jose, CA | 1/10/09
On Friday, Jan. 9, the Department of Labor reported that 524,000 jobs were lost in December. With even more jobs losses in November than estimated last month, 2008 was the worst year for jobs since 1945, with more than 2.5 million jobs lost.
BY staff | Minnesota | 1/02/09
A broad coalition has formed to demand that the Minnesota legislature take concrete steps to protect low-income and working Minnesotans from the effects of the snowballing economic crisis.
BY Adam Price | San Jose, CA | 12/06/08
On Friday, Dec. 5, the Department of Labor reported that 533,000 jobs were lost in November, the worst one-month decline since 1974.
BY staff | St. Paul, MN | 12/04/08
While state officials announced a record $5.2 billion dollar budget deficit at the State Capitol here, Dec. 4 , about 25 members of the Minnesota Coalition for a People’s Bailout were outside the room chanting, “Hey politicians, here’s the fix! Tax the rich! Tax the rich!”
BY Adam Price | San Jose, CA | 11/11/08
Between mid-September when the investment bank Lehman Brothers failed, and the end of October the Federal Reserve quietly lent out more than $1 trillion (one thousand billion) dollars, or almost 40% more than the ‘public’ $700 billion bank bailout.
BY Freedom Road Socialist Organization | United States | 11/04/08
Americans are celebrating the defeat of warmonger and angry rich guy John McCain.
BY Adam Price | San Jose, CA | 11/02/08
On Friday, Nov. 6, the Department of Labor gave a dismal report on the labor market in October, with the unemployment rate jumping to 6.5% from 6.1% in September, the highest rate in 14 years.
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