Archive | Economy
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California state budget could cut $200M from UC system
U. California faces a $200 million state funding cut this year if voters do not approve Gov. Jerry Brown’s proposed tax increases in November, according to Brown’s January budget plan announced Thursday. Brown anticipates that California will face a $9.
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Column: Despite scorn from political parties, Occupy protests expose real hardships
What's the trouble with America? The answers to this question lies boldly in what defines the lives of ordinary Americans, what the new cool prefers to call the 99 percent. Commonplace answers, however, seem uncommon to American politicians — a number of whom belong in the high-tower 1 percent.
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Column: The truth about income inequality
Over the last three or four decades, income inequality has increased in most developed countries.
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Column: Firewalls against disaster
Every week is Europe’s most important week yet of the Euro crisis and this week is no different. Half-hearted or weak measures continue to fail to stem what looks increasingly likely to result in the worst financial and economic crisis the world has experienced since the Great Depression and years ...
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Column: Recent drop in unemployment rate good for nation, bad for politics
It was a decline that we could finally get excited about. After months of hovering at or near 9 percent, the unemployment rate finally dropped to a much-improved, albeit still unhealthy, 8.6 percent — the lowest since March 2009.
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Rev. Jesse Jackson compares Occupy movement to Civil Rights movement
Rev. Jesse Jackson, a civil rights icon who marched with Martin Luther King Jr. and has continued his own struggle for social and economic equality since, spoke Tuesday at U. Nebraska-Lincoln.
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2012 Iowa caucus candidates eye flat tax system
Most of the candidates running for the Republican presidential nomination want to simplify the federal tax system. Conservatives say that would spur economic growth, but some scholars say those plans could end up hurting the poor.
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Online spending on Cyber Monday breaks records
E-shoppers set records for consumer spending on Cyber Monday this year. The first Monday after Thanksgiving saw online spending increase by 33 percent compared to the same time last year, as retailers offered deep discounts online. The average consumer also spent more: $198.
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Column: Europe – Too big to fail?
It’s been a fun 65 years, but the Pax Europa is on the way out. The sovereign debt crisis has put so much strain on the European Union that the system of cooperative confederacy that has prevailed since the Second World War has been hopelessly compromised. There were good times to be sure.