The New American | Economics

Ben Carson Favors Raising Minimum Wage, But Is That a Good Idea?

Written by Steve Byas

Republican presidential candidate Ben Carson thinks the federal government should decide wages.

Fair Trade Advocates Pan Obama's Nike Visit

Written by Jack Kenny

President Obama picked what appears to be an odd venue for a speech today promoting a pending trade agreement, the Trans-Pacific Partnership.

IMF: The New Global Fed

Written by William F. Jasper

Politicians and Wall Street insiders are scheming to give the IMF unprecedented powers as the “system-wide policeman” of the planet.

Corporate Globalists Hold Off-record Meeting With Congress Staffers on TPA

Written by William F. Jasper

Global Business Dialogue, a key corporatist lobbying group for so-called Free Trade agreements, is upping the pressure for passage of “Fast Track” Trade Promotion Authority (TPA.

First-quarter GDP Report Is Awful

Written by Bob Adelmann

The new report by the Bureau of Economic Analysis (BEA) was stark: The economy stalled in the first quarter in every sector, with overall growth barely positive.

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The 99%: Why Are They Barely Treading Water?

Written by TNA Video

VIDEO - Why are the 99% being left behind in the economy? Tom Eddlem investigates with his latest cover story for The New American. Tom talks about reasons as to why the bottom 99% of the United States is staying stagnant, while the top 1% are flourishing.

Tax Freedom Day Falls Later, Americans Spend More on Taxes Than Food, Clothing, Housing

Written by Warren Mass

Tax Freedom Day — the first day of the year in which Americans as a whole have theoretically earned enough income to pay for all their taxes — arrives this year on April 24 according to a report from the Tax Foundation, which has calculated Tax Freedom Day for the United States since 1971.

Greece on the Verge of Default — Again

Written by Charles Scaliger

Greece is flirting once again with default and withdrawal from the eurozone — and this time, Greece's leaders may be serious.

Using Phony Job and Export Claims to Push TPP Fast Track

Written by William F. Jasper

The Peterson Institute has discredited itself repeatedly with promised benefits from NAFTA and other free trade agreements that failed spectacularly, but it is back with more of the same to promote the Trans-Pacific Partnership (TPP).

So I’m Told Trade Deficits Are Good

Written by Kurt Williamsen

Many economists claim not only that huge U.S. trade deficits are good things for America, but that they can prove it logically. Well, they are somewhat correct.