America's top central bankers didn't make time for inequality at their annual hobnob last week. Over in Germany, the world's Nobel Prize winners in economics did. But few Americans noticed.
The rules set down in our democracy can’t be enforced unless We the People can organize to be powerful enough to overcome the great wealth and power of a few ultra-billionaires and their corporations.
From the ruling: "Abraham Lincoln reportedly asked, “If you call a dog’s tail a leg, how many legs does a dog have?” His answer was, “Four. Calling a dog’s tail a leg does not make it a leg.” "
A new CAF report makes a compelling case: Rebuilding America's broad middle class requires reviving a strong union movement. Labor helped build the middle class; and as labor lost ground, so did the middle class.
Europe's governments are learning that spending cuts slowed economic growth and actually increased deficits. Meanwhile, America's "Great Recession" also drags on thanks to cutbacks in government spending.
Is it true that the future "doesn't include jobs for humans"? We should be asking a different question: Will the next automation transformation be managed wisely and fairly for everyone, or just for the benefit of an elite?
Ferguson, Mo., is actually a much better place from which to understand the consequences of the past six years of economic policies. Ferguson residents would tell them that they need a full-employment economy.
The structure of the Federal Reserve ensures that the banking industry's concerns get a full hearing at Fed meetings, while those of workers may not. But that doesn't mean protests against Fed policies are futile.
What's the old Republican saying? "When I vote for a Republican, I want the real thing. I accept no substitutes." What's the old Democrat saying? "If I can't find a real Democrat to vote for I guess I'll just stay home."
The latest Job Openings and Labor Turnover Summary underscores the penalty millions of workers are paying for the right-wing's sabotaging of the economic recovery.
A student trying to save for tuition at an acting school works at a restaurant that pays her $2.77 an hour – so she's trying to earn enough in tips to cover the cost. Consider what's wrong with this picture.
Two University of Delaware economists looked at the 13 states that have raised their minimum wage and actually found that the job prospects of low-skilled workers in those states improved slightly.
As Yogi Berra says, "If something is unsustainable, it can't be sustained." At some point consumers will no longer be able to consume. But that will not occur in this quarter, which is what matters to Wall Street.
House Democratic Leader Nancy Pelosi goes to a Hyattsville bakery to highlight the progressive policies that can enable women – and men – to achieve financial security.
The inflation bogeyman is nowhere to be found, and the real thing that we should be fearing is the damage being caused by an economy with a labor market that has been too slack for too long.
Wealth's current tilt to the top sometimes seems almost eternal. But can our economy ‘self-correct’? A provocative new paper out of the developed world's official research agency contemplates our tomorrow.
Conclusions by the New York Times' Neil Irwin about the reasons the economy "keeps underperforming" tie directly to what we've been saying about conservatives sabotaging the economy.
The progressive economist says Janet Yellen is adopting a more activist, interventionist stance as Fed chair, something he and other progressive economists had been advocating for some time.
The President's 'Fair Pay and Safe Workplaces Executive Order' cracks down on federal contractors who break hiring, health and safety, and wage laws. This will make a difference to a lot of people.
The National Women’s Law Center hosted a congressional briefing on the release of a new report about the reality for working women in America today, and what they need for fairness and equality in today's economy.
This is actually a big deal because it means that McDonalds' low-wage employees can start going after the larger company for things like wage theft and ultimately could organize themselves into a union.
A Senate bill to stop subsidies to companies to help them move jobs and production out of the country was filibustered Wednesday by Senate Republicans. Will we know who paid to kill this bill?
This is as sharp as dividing lines get. Should the power of the federal government be used to elevate worker wages or drive them down? It is not just an economic or political question; it is also a moral one.
Employees working at the Ronald Reagan Building, the Pentagon, the Air and Space Museum, and the National Zoo are representative of almost 2 million low-wage private sector workers under federal contract.
If the private equity industry wants to be seen as a force for good, it's going to have to stop engaging in the kind of financial engineering that weakens companies but still assures a handsome payday for a few owners.
The real story about income inequality is what progressive activists are doing about it, says the co-chair of the Congressional Progressive Caucus. The latest wave of action will confront "wage theft."
Even though we’re five years into recovery from the 2007-2008 recession, many Latino registered voters still feel the effects of the recession and remain worried about their futures.
As corporations have become more powerful (without unions to keep them in check), workers have become more vulnerable to being trapped in unpredictable work schedules – none so more than women.
As a "Live the Wage Challenge" highlights the struggle of living on the minimum wage, a campaign is beginning around legislation to curb work schedule abuses that make life even harder for low-wage workers.
House Democrats released their 2014 election year agenda Wednesday. It received virtually no news coverage. But it represents a first step in defining the terms of the election for voters on the vital issue of the economy.
An appropriations amendment by Rep. Alan Grayson would have required the federal government to pay a minimum wage of $10.10 an hour to its employees. A Republican opponent offered an absurd objection.
CAF today called on members of Congress to "quickly renew robust, long-term funding for the Highway Trust Fund" as the House prepares to vote on a short-term fix and the White House launches a public relations offensive.
Conservatives have blocked every significant plan for investing in jobs and growth since the stimulus. Their program – conservative austerity – has so damaged the recovery it deserves to be called what it is: economic sabotage.
Members of both parties in both houses have elected to reduce the debate over transportation spending to a discussion of the size and material of the Band-Aid, rather than what it would take to cure the patient.
The rallying point is Michigan Democratic Rep. John Conyers' Humphrey-Hawkins Full Employment and Training Act: "It's past time for our government to make creating jobs and full employment a human right."
The decision of the right-wing majority on the U.S. Supreme Court last week in the Harris v. Quinn case is another example of the one percent’s unrelenting erosion of the 99 percent’s economic independence.
With the federal government stymied in its ability to help state and local governments launch long-term public infrastructure projects, we're seeing the ripple effects in the employment statistics.
The Bureau of Labor Services reports an increase in 288,000 jobs in June, a greater than expected number that will cheer investors. But perverse political malpractice continues to get in the way of the recovery we need.
The Supreme Court's gang of five has piled onto the war on workers and their unions. It's time to strike back. President Obama can lead with a Good Jobs Executive Order.
The Highway Trust Fund is about to run out of money in August unless Congress takes action to appropriate more money. President Obama went to an aging bridge to call on Americans to make themselves heard.