Economics – Page 7 – People's World

Republicans use sham ‘debt crisis’ to force cuts, set Biden up for blame

May 17, 2023 By John Bachtell

The GOP is deploying every tool, even “economic terrorism,” to score wins for the wealthy and sabotage the president in 2024.

Congressional Republicans’ debt limit scam risks economic disaster

May 11, 2023 By Josh Bivens And Samantha Sanders

Social Security, Medicare, and food stamp payments won’t be processed and a recession is guaranteed if GOP doesn’t act.

Thanks to China and Brazil, U.S. dollar’s power over world economy weakens

April 17, 2023 By W. T. Whitney Jr.

Meanwhile, Russian and Indian officials announced that the BRICS countries will be creating a new currency later this summer.

Laos: Building socialism from scratch after colonialism and imperialist war

March 28, 2023 By Michael Christopher

When it comes to countries in Asia building socialism, places like China and Vietnam may come to mind for many people, but not too many think of Laos.

Trump, Republicans, and ‘moderate’ Democrats united to weaken regulations on banks

March 22, 2023 By Brian Slodysko And Ken Sweet

“We can draw a direct line between the deregulation of the Trump period, driven by the bank lobby, and the chaos of the last few weeks.”