Globalization - Countries - United States see also Economics of Globalization | |
The Economy & Taxes |
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REPORTS | REPORTS BY | |
4/27/03 | -Jobless and Hopeless, Many Quit the Labor Force As the nation enters a third year of difficult economic times, these unemployed from factory workers to investment bankers have dropped out of the labor force and entered the invisible ranks of people not counted in the unemployment rate. | NY Times |
-Does a Dollar a Day Keep Poverty Away? | NY Times | |
4/24/03 | -Homeless for a night Berkeley mayor keeps promise, sleeps with city's down-and-out | SF Gate |
-The Bush Tax Reform Plan: Greener Pastures vs. the Road to Perdition | Wharton College |
-Job-Seeking Teens Feel Brunt of Economy | AP | |
-Changing times may hit unemployment benefits Political momentum is quietly building for an overhaul of the state's unemployment insurance system for the first time in 20 years -- dramatically restructuring how businesses are taxed and which workers qualify. Tens of thousands of people could possibly be cut off from benefits | Seattle PI | |
-EU slaps 33% tariff on Hynix memory chips | Joongang Daily | |
-OPEC weighs 'all options' to avoid postwar glut | IHT |
4/23/03 | -Housing prices reach new high Sales drop from a year ago, but experts don't foresee crash | SF Gate |
-Bill Moyers on Privatizing Democracy America's corporate and political elites now form a regime of their own, and they are privatizing democracy. All the benefits - the tax cuts, policies, and rewards - flow in one direction - up. | Truthout | |
4/22/03 | -Hard times hit charities, too | Christian Science Monitor |
-Jobs, Jobs, Jobs By PAUL KRUGMAN The average American worker earns only about $40,000 per year; why does the administration, even on its own estimates, need to offer $500,000 in tax cuts for each job created? If it's all about jobs, wouldn't it be far cheaper just to have the government hire people? Franklin Roosevelt's Works Progress Administration put the unemployed to work doing all kinds of useful things; why not do something similar now? (Hint: this would be a good time to do something serious, finally, about port security.) | New York Times |
-Furious, American's Unions Talk of New Votes | NY Times | |
4/18/03 | -Federal deficit running nearly twice last year's pace The government ran up a deficit of $252.6 billion in the first six months of the 2003 budget year, nearly twice the total for the same period a year earlier. The latest figures, released Friday by the Treasury Department, highlighted the government's deteriorating fiscal situation. Record deficits are forecast this year and next. | Boston Globe |
-N.Y.S.E. Traders Investigated | NY Times | |
-Disclosure of executive perks puts American Airlines agreement in doubt | Kansas City Star |
-The Economist: A post-war pot of gold There has been talk that a new American-backed administration in Iraq might try to revoke contracts entered into under the Saddam regime. However, that would fly in the face of international commercial law. But, a new government could argue that such agreements were merely preliminary, rather than full contracts. If America has its way, Iraqs interim administration will do just that. | The Economist | |
4/16/03 | -Bush Lowers Goal of Tax Cut Plan in a Concession | NY Times |
-The Home-Front War on Taxes | NY Times |
4/15/03 | -Alternative tax sneaking up on millions in US Though both Congress and the administration agree that the schedule for paying the alternative tax should be addressed, neither is expected to initiate corrective legislation in the near future because it would cost the government hundreds of billions of dollars in lost revenues | Boston Globe |
4/15/03 | -US fines sanction busting companies | BBC |
-After months off money trail, president to raise funds for GOP | Boston Globe | |
4/14/03 | -Dozens Arrested in U.S. Oil Company Protest The protest against the second largest U.S. oil company drew about 400 people and was the latest in a series of demonstrations in the San Francisco area which have targeted firms demonstrators believe stand to profit from the war. |
-Poll Finds Opposition to More Tax Cuts | AP | |
-AOL-TW Execs Accused of Insider Trading | ||
4/11/03 | -A trade fight costs too much French bashing may be a good way to express frustration. But it's horrible government policy. Unfortunately, Congress' freedom-fries fun didn't let off enough steam for members of the House of Representatives. A week ago, the House approved a motion by Spokane's Republican Rep. George Nethercutt to punish France and several other countries economically for their opposition to the war in Iraq. The amendment introduced by Nethercutt and Rep. Mark Kennedy, R-Minn., targets French, German, Russian and Syrian companies. | Seattle PI |
-A Plan to Recalculate Pensions: Corporations would find billions of dollars of pension shortfalls eliminated overnight under a proposal being prepared to address a longstanding issue in pension accounting. | NY Times |
-Retrospect: 1993 It's (Not) the Economy, Stupid Bill Clinton was elected on an untenable premise: that it is the job of the President to manage the economy. Yes, that is what we have come to expect of Presidents; but this expectation, the author argues, is punishingly at variance with anything any President can credibly deliver by Charles R. Morris | The Atlantic Online | |
4/10/03 | -Rending Pork From the War Bill John McCain, the Senate's pork-sniffing watchdog, is demanding to know what extra millions for South Pole research can possibly contribute to the hunt for Osama bin Laden | NY Times |
4/3/03 | -Nontariff trade barriers are growing, U.S. report asserts | IHT |
-The Budget Fight Is Now | NY Times |
-Smoking out the Fed : Friday's March jobs report might be ugly enough to inspire another central bank rate cut. | CNN | |
-Jobless claims soar New claims jump to 445,000, well above forecasts, showing more job market weakness. | CNN | |
4/2/03 | -Economist predicts world recession Morgan Stanley economist cites SARS, war uncertainties as the main causes for pending recession | CNN |
-What the world needs now ... is more than just love to help avert what could be a nasty worldwide recession. | CNN |
-Calif. Budget/Public Health Crisis a Harbinger | Seattle PI | |
4/1/03 | -Northwest airlines cuts 4,900 jobs | BBC |
-Mass Layoffs Threatened for Teachers in California | NY Times | |
-Global AIDS Bill Hits Snag in Congress In trying to agree on how to spend the billions of dollars President Bush promised for a global fight against AIDS, Congress can't get past the basic questions like whether it's more important to advise people to abstain from sex or to give them condoms. | AP |
3/28/03 | -California Energy Market Manipulated by Enron, Regulators Say | LA Times |
-Sluggish Economy May Be Headed for New Recession | AP | |
-Some win, some lose in proposed overtime rules | Seattle PI | |
3/26/03 | -Senate Votes to Slash Bush's Tax Cut Plan | Truthout |
3/17/03 | -Republican House moderates revolt over GOP budget Fight over spending and tax cuts | CNN |
3/15/03 | -How Tax Cuts Trickle Down | NY Times |
-Dems: Bush, GOP need to fix U.S. economy "What have President Bush and Congressional Republicans proposed to do about these problems? The elimination of taxes on corporate dividends. Yes, that's their response," Matsui said. "So who benefits from this tax cut? Well, those earning $1 million or more a year would receive an average tax cut of $27,000 a year. | CNN | |
-Bush Pushes Plan to Curb Medicare Appeals | NY Times |
-Cheney is still paid by Pentagon contractor Halliburton | Guardian, UK | |
3/13/03 | -Developer Gets Rent-Free Deal on Federal Land | NY Times |
-U.S. jobs jumping ship Cheap offshore labor is not just for manufacturing any more -- is your job heading overseas, too? | CNN | |
-Medi Dont Care; Medi Cant Get Paid from The Daily Enron | The Daily Enron |
3/4/03 | -Medical malpractice bill would trample juries rights, Libertarians say | |
3/3/03 | -Going to war for the economy | CNN |
3/2/04 | -Democrats: Bush tax plan fails to help economy "Our economy is in a hole, but rather than looking for a ladder, the president is reaching for a bigger shovel." -- Sen. Patty Murray, D-Washington | CNN |
-No Relief in Sight By PAUL KRUGMAN So Glenn Hubbard has resigned as chairman of the Council of Economic Advisers to spend more time with his family, of course. (Pay no attention to the knife handles protruding from his back.) Gregory Mankiw, his successor, is a very good economist, but never mind: When the political apparatchiks who make all decisions in this administration want Mr. Mankiw's opinion, they'll tell Mr. Mankiw what it is... | NY Times |
-Enron: under cover of dark and the war | Daily Times | |
2/18/03 | -Study sees room for 30 percent cut in Medicare costs | CNN |
2/21/03 | -Data Paint Worse-Than-Expected Economic Picture | Reuters |
-The World Bank, IMF and South America | Greg Palast |
1/23/03 | -Mayors: Cities need billions in aid | CNN |
-'Made in China' labels hidden at Bush event | CNN | |
1/17/03 | -Bill Gates' big dividend payday: $99.5 million - Bush administration's proposal last week to eliminate the federal dividend tax was "just coincidental in timing." | CNN |
1/19/03 | -Bush pitches tax plan as boon to small business | CNN |
1/12/03 | -Is jobs report as bad as it looks? | CNN |
-Is Bush's economic plan geared to the rich? | CNN | |
-Economic plan debate takes to airwaves | CNN | |
1/8/03 | -OPEC to raise daily oil output | CNN |
1/4/03 | -Democrats to release stimulus plan | CNN |
1/3/03 | -Uncle Sam giveth, states taketh away | CNN |
-Economy debate heads to the Hill | CNN | |
12/31/02 | -Washington mulls how to stimulate economy | CNN |
12/27/02 | -How much for this town? "Fixer-upper" California community "Bridgeville" sells for almost $2M after sellers put it up for bid on eBay. | CNN |
-750 Thousand of jobless workers losing benefits | CNN | |
12/26/02 | -The governors' hard winter - 'Shortfalls will be plentiful in the upcoming year' | CNN |
12/22/02 | Robert Novak: Bush's new salesmen | CNN |
6/7/2002 | Bush Seeks Eradication of Estate Tax | Sandra Sobieraj, Associated Press Writer |
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