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[Struggle News Worldwide] Fighting Neoliberalism: Does West Bengal Show the Way?: For instance, in an article in the website Pragoti [1], Jayati Ghosh (JG henceforth) claims that “over the 1990s West Bengal was one of the fastest growing states in India” if this growth is measured in terms of State Domestic Product. “This tendency was even more marked in per capita terms,” claims JG, “because West Bengal has been successful in controlling fertility to a greater extent than many other states.” This spurt in economic growth, moreover, comes in the backdrop of the fact that for the past three decades “West Bengal has been among the middle ranking states of India, in terms of both per capita income and human development indicators.”
[ataxingmatter] Reagan's Trickle-Down Economics Doesn't Work I: tax cuts don't pay ...: administration of the last 8 years would look irresponsible compared to almost anything else, but our goal here is to see how these policies are the fiscal legacy of the Reagan approach of privatization and deregulation that permits large corporations to make their own rules and rip the government off while doing so and tax policies that ultimately support redistribution-up that permits the wealthiest Americans to hog their wealth rather than contribute appropriately to the public good. Today's result is a cavalier attitude towards fiscal soundness that willingly borrows from future generations to pay for the generous subsidies for agribusiness, millionaire's second homes, wealthy executives pensions, and Big Oil's rich paydays, and other percs.
[Your Business] Bs in retail business online: Last week started off slow for New Zealand data as June’s Credit Card Spending and Visitor Arrivals data validated our forecasts: the former metric fell to 3.3% from 5.9% in the preceding month, while the latter collapsed into negative territory to print at -1.4% versus a revised 9.1% in the previous period. We had reported that credit card receipts are “sure to continue downward as Kiwi consumers tighten their belts amid deepening economic malaise.
[å¤ç‹¬æ±‚译的Weblog] 伯å—克的困局（英文原文）: With financial markets buffeted by renewed fearsabout the credit drought and a deepening housing slump, Mr Bernankecould hardly boast of the economy’s soundness. To make mattersworse, figures released on Wednesday July 16th showed thatyear-on-year inflation rose in June to 5.0% (see chart), thehighest rate since 1991.
[Politics & Current Affairs Forum] Is growth over?: More than any other state, California's economy and population exploded, a growth spurt fueled in large part by abundant water supplies. Now we may be at a turning point, especially in Southern California.
[The Scarlet Pimpernel] Which Way Venezuela?: In its own self description, "this state-run program offers both technical education, such as classes in agriculture, tourism or construction, and orientation as to what the Bolivarian economic projects are about." Rather incredibly, "between March 2004 and August 2007, over 670,000 people completed the program, resulting in the creation of more than 10,000 cooperatives by its alumni, more than 3,000 of which pertain to the agricultural sector."
[Alpha.Sources blog] A Year (Week) on the Wild Side?: Actually, if you use the same yardstick as I have tended to apply, the first of August will see the one year anniversary of one of the worst global financial crises (arguably) since the 1930s. The ever readable Martin Wolf (from the FT) .
[Stock Blog Hub] Mean Markets - Emphasize Capital Preservation: “The change in mood has been sharpest in Germany, where the economy is thought to have contracted in the three months to June after an exceptional growth spurt at the start of the year. “”˜The tone of the debate in the eurozone might .
[Redordnancecase's Weblog] “Consensus” on Man-Made Warming Shattering: After all, it was around now - 9.30am - on July 11th that I realised just what we’d done, as our server went down under the pressure and email after email after email arrived in our inbox complaining about it - or helpfully pointing out that we had technical problems. For someone who thought that this project might be a spare time occupation it was a rude awakening and the story of the last year has in some sense been a struggle to catch up.
[Wilhed's Weblog] My old blog - davidivus.blogspot.com - archived here: It’s like the backdoor for the working girl - instead of 70 cents on a man’s dollar why not make a cool 10 times what the man makes and then take the rest of the day off!”¨”¨On the other hand, take a look at many of the jobs that women fill in this economy - young women in particular - they are in service and retail. It would seem to me that many of these low-paying gigs - such as server, retail clerk, hostess, etc., can be degrading in subtle and sometimes not-so subtle ways.
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[bloggingstocks] When combined with this morning's disappointing July retail sales results, the economy appears to be doing worse than experts expected. AP reports that many companies announced layoffs recently.