World-News

Julia Finch, Andrew Clark and David Teather, The Guardian UK: "The worst economic turmoil since the Great Depression is not a natural phenomenon but a man-made disaster in which we all played a part. Guardian City editor Julia Finch picks out the individuals who have led us into the current crisis."

http://www.truthout.org/012609S



The Union Way Up

Robert B. Reich, The Los Angeles Times: "Why is this recession so deep, and what can be done to reverse it? Hint: Go back about 50 years, when America's middle class was expanding and the economy was soaring. Paychecks were big enough to allow us to buy all the goods and services we produced. It was a virtuous circle. Good pay meant more purchases, and more purchases meant more jobs. At the center of this virtuous circle were unions."

http://www.truthout.org/012609T



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