sovereign currency

Deficit is Dropping but is there a Real Recovery?

May 22, 2013

Bill Black: With surge in stock market, the wealthier are paying more taxes but working class wages are not rising and unemployment remains high, so this does not mean a sustained recovery of the real economy is underway

Canadian Budget “Austerity on Autopilot”

March 26, 2013

Jim Stanford: In spite of data showing the Canadian economy is slowing down, the new Federal Budget pushes cuts and a balanced budget which will make recession worse – true under-utilization of labor is 12 percent