This is Part II of Companies As Buy-And-Sell Commodities. See Part I, Companies As Buy-And-Sell Commodities - Workers, Customers and Country As Costs.
This is Part I of Companies As Buy-And-Sell Commodities. See Part II, Caught In A Machine That Grinds Us Up.
The Susan G. Komen foundation has reversed its defunding of Planned Parenthood, at least temporarily, but the falsehoods and hypocrisy haven't ended.
Originally posted at Capital Gains and Games. This should eliminate all doubts about how little some members of Congress understand about federal finances.
On Wednesday the House voted to extend a two-year federal worker pay freeze an additional year. These workers, instead of getting a raise at the end of 2012, will have to wait until the end of 2013. (The House vote and our analysis is posted on our sister site, TheMiddleClass.org.)
The news is just out, the economy added a healthy number of new jobs last month, even with government jobs still declining thanks to austeridiocy. The better news is that there is an accelerating trend.
Although it's a bit early to know for sure, let's hope that 2012 is the year that the economic policies known as "austerity" finally crashed and burned.
MItt Romney is taking a lot of heat for saying that he's "not concerned about the very poor." To be fair, he also said he's not concerned about the very rich either. Lucky for him the feeling isn't mutual that that side of the economic divide.
Last week Republican Mitch Daniels once again pushed the "means testing" argument against Social Security, saying that we can no longer "afford to send millionaires pension checks" or "pay medical bills for even the wealthiest among us."
This week three new reports described even more continuing damage to our economy caused by China's trade cheating -- and our own lack of response. Even as the auto industry recovers and auto-assembly jobs are returning, the auto-parts industry and jobs are not.
The following statement is in response to the newly introduced Republican bill that would block the automatic military spending cuts that are now part of the 2010 deal to increase the debt limit.
The following was originally published at RobertReich.org One of the few things Mitt Romney and Newt Gingrich agree on is that President Obama is turning America into “European-style welfare culture.”
Today, the nation is abuzz over Mitt Romney bluntly cold comment: "I'm not concerned about the very poor. We have a safety net there."