Daily Archives: May 31, 2006

2 posts

To Bush Admin’s Chagrin, Chavez Helps the Poor in the U.S.

The Mouse on Steroids 30 May 2006 | TruthOut.org by William Fisher We can’t be blamed if Venezuela’s mini-public diplomacy program reminds us of “The Mouse That Roared” – and we can almost hear the gnashing teeth in the White House SitRoom. I refer to the program being waged in the US by Venezuela’s President Hugo Chávez. Under that program, Citgo, Venezuela’s wholly-owned gas and oil subsidiary, provides discounts up to 60 per cent on heating oil to poor communities in the US. Known as petro-diplomacy, the program is currently operating in Maine, Massachusetts, Pennsylvania, Delaware, Vermont, Connecticut, and Rhode […]

Rising Wages for Nurses? Nanny State to the Rescue

24 May 2006 | TurhtOut.org by Dean Baker The New York Times had an article today that inadvertently revealed a huge amount about how wages are set in the US economy (“US Plan to Lure Nurses May Hurt Poor Nations,” 5-24-06; A1). We all know the official story – wages are supposed to be set by the market, our old friends supply and demand. When certain skills are in short supply, the wages for workers with these skills are bid up. This leads more people to acquire the skills and may also reduce the demand. Eventually, supply increases and demand […]