Everyone agrees that there is only one question on voters' minds: who has a plausible plan to put this economy on the right track? Yet in the most expensive election in recorded history, candidates up and down the ticket aren't offering much of an answer.
Today is a day of action to raise the minimum wage. Legislation is being introduced in Congress to increase the federal minimum wage to $9.80 an hour and index it to inflation so that people at the bottom of the wage ladder don’t keep falling behind.
Economic issues make some people's eyes glaze over, so we'll put this plainly: Today's minimum wage is epic in its injustice and Dickensian in its cruelty. It's a shame that Dickens himself isn't here to write about it. Oh, and we almost forgot: Keeping it this low isn't very smart, either.
Scratch the surface of just about any economic debate this election year, and you'll find one issue that goes all the way to the core: the yawning gap between the 1% and the rest of us, as skyrocketing income inequality.
Everyone wants to know, "What is Mitt Romney hiding?" Or - given that lately every day seems seems bring to another revelation about Romney's offshore accounts, or
My argument that liberals should bargain with corporations and not outright fight them, in the New York Times opinion piece "How Liberals Win," is not terribly populist, for better or worse. And I expected people on the populist left would not readily accept it.
It's almost a shame that Americans are paying very little attention to the GOP's "Pledge To America.
Many are wondering if making Wisconsin a "Right to Work" state is next on Governor Scott Walker's agenda if he wins the recall election on June 5.
Democracy properly applied brings widespread prosperity because when people have a say what they say is give everyone good wages, benefits and a share of the pie.
Multibillonaire Peter G. Peterson's Fiscal Summit may have started with conciliatory nods toward bipartisanship, but it did not climax that way. And that had to have been by design.
Last month, blogs were abuzz about recent studies suggesting that wealth reduces compassion — that increasing wealth corresponds with decreasing empathy for others.
The trade agreements we have entered into over the last few decades have greatly enriched the already-wealthy 1% but not worked for the benefit of most of us.
As the political establishment prepares to do battle Friday over what is likely to be another mediocre jobs report, talk-show host Tavis Smiley this afternoon called for a living-wage jobs program as part of an all-out offensive against poverty in America.
Bits and bytes would be doing a lot more to help make our lives less nasty, brutish, and short if we shared wealth as routinely as bandwidth. From San Francisco, a new lesson in that reality.
When Greek prime minister Lucas Papademos, in his statement concerning the austerity-driven suicide of 77-year-old pensioner Dimitris Christoulas, called on Greeks to "support those next to us who stand in despair," he either missed or ignored the same point that austerity boosters here at home blit...
AT&T looks to be shooting for a double-bad award right now.
A trio of governors and a duo of lieutenant governors last week dined on pink slime burgers and pronounced them mouth-wateringly-delicious-and-nutritious as TV cameras rolled on their barbeque in a Nebraska factory that manufactures the stuff. Shoppers have reacted somewhat d
The Progressive Caucus Budget for All, the embodiment of the progressive vision for rebuilding the economy, was voted down overwhelmingly on the House floor Thursday.
In 2010, as the economy began its slow recovery from the Great Recession, a new study shows the richest 1 percent of Americans captured a staggering 93 percent of all income growth, while the incomes of most Americans stagnated. Ninety-three percent. Occupy that. The 1 percent are back.
... is separation from reality caused by internalizing decades of endlessly repeated right-wing propaganda. This time it shows up in a discussion of the effect of top tax rates by Christina Romer. I hate to pick on Romer again, but...
“There was clearly something wrong with the U.S. economy long before the crash.” Consensus
The following is an official statement from the AFL-CIO Executive Council.
As I wrote yesterday, at this point it no longer matters whether or not Mitt Romney takes the positions he does because he truly believes they are right or to satisfy conservatives in his party. The right-wingers who own his party will demand his fealty, if Romney wants the Republican nomination.
In January I called attention to the work of our former colleague Anne Thompson, who captured video of presidential candidate Mitt Romney saying that he supported ensuring that the minimum wage kept pace with inflation.
Unions have been fighting the 1% vs 99% fight for more than 100 years. Now the rest of us are learning that this fight is also OUR fight.
GOP White House hopefuls want taxes on the rich cut even lower than they've already been cut. What might a tax-the-rich-even-less future bring? The land of the kiwi offers one frightful answer.
"Producers" and "parasites." Cruel language justifying extreme greed seems to be mainstream now. Even Presidential candidates feel free to disparage 99% of us!
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.)
Servitude: "a condition in which one lacks liberty especially to determine one's course of action or way of life"
Here it comes again.
Bachmann is gone.
In the iconic Christmas film, “It’s a Wonderful Life,” an angel offers the beleaguered main character, George Bailey, the stark choice between a hometown named for a cruel banker or […]
When you call yourself a “historian,” you create the implication that you can speak authoritatively about, well, history. But last Friday, Republican presidential candidate Newt Gingrich defied that common sense. […]
Fire all the janitors and make poor kids clean their schools? Zap Korea with an airborne superlaser that’s never worked during testing? Ignore global warming and plan to re-engineer the […]
When Newt Gingrich maligned our “truly stupid” child labor laws and suggested that children 14 and under be put to work cleaning their schools, he sparked the outrage the former […]
Today thousands of unemployed people and others came to D.C. to tell Congress and “K Street” that they need jobs not cuts; that we should tax the rich, and that […]
This morning Barack Obama channeled one of American history’s truly transformative figures by visiting the tiny Kansas town where Teddy Roosevelt gave his “New Nationalism” speech over a century ago. […]
Former Godfather’s Pizza CEO Herman Cain’s comment a couple of weeks ago that “I don’t believe racism in this country today holds anybody back in a big way” didn’t cause […]
At the Take Back The American Dream conference session titled “Make Work Pay: Why Empowering Workers & Holding CEO’s Accountable is Vital to Economic Growth” Christine Owens of the Nationsal […]