Britain is plunging towards an economic nightmare, and it isn’t just because of Brexit.

On Monday morning, Markit released its latest set of data on the state of the UK’s construction sector, and to say things didn’t look good would be an understatement. The sector slipped into contraction for the first time since April 2013, hitting just 46.o, a shock fall from an already poor base last month, and the biggest single month fall since …

Revealed: the 30-year economic betrayal dragging down Generation Y’s income

The full scale of the financial rout facing millennials is revealed today in exclusive new data that points to a perfect storm of factors besetting an entire generation of young adults around the world. A combination of debt, joblessness, globalisation, demographics and rising house prices is depressing the incomes and prospects of millions of young people across the developed world, …

Robert Parry – Democrats in ‘Group Think’ Land

A curious reality about Official Washington is that to have “credibility” you must accept the dominant “group thinks” whether they have any truth to them or not, a rule that applies to both the mainstream news media and the political world, even to people who deviate from the pack on other topics. For instance, Sen. Bernie Sanders may proudly declare …

Naomi Klein – Change Everything or Face A Global Katrina

For me, the road to This Changes Everything: Capitalism vs. the Climate begins in a very specific time and place. The time was exactly ten years ago. The place was New Orleans, in the aftermath of Hurricane Katrina. The road in question was flooded and littered with bodies. Today I am posting, for the first time, the entire section on Hurricane Katrina …

Groups Add to Evidence in “Whistleblower” Tax Fraud Claim Against ALEC

Common Cause and the Center for Media and Democracy sent federal authorities new evidence today that the American Legislative Exchange Council (ALEC) is falsely passing itself off as a tax-exempt charity and effectively using taxpayer dollars to subsidize its lobbying on behalf of private interests. Common Cause filed a supplement to its three-year-old tax whistleblower complaint against ALEC, and the two groups …