Did Mitt Romney really "create 100,000 jobs" with Staples? Simple answer: only if no one else was selling office supplies, stationery, etc. before Staples came along. What Staples did was force many competing stationery, office supply and computer stores out of business, probably shifting their employees into lower-wage jobs. more »
Remember the "superpredators"? They were the supposedly super-violent youngsters of dark complexion that conservatives kept screaming about in the 1990s. We were told they were about to unleash an unprecedented wave of vicious crime any day now. more »
Companies are always looking for ways to reduce the number of people they employ, and for ways to reduce the pay and benefits for the ones they keep. One way they have been doing this is to send jobs out of the country to places where the people don't have the protections of democracy. Then they come back here and threaten the rest of us with losing our jobs, too, if we don't give in. more »
Last week Rep. Tim Bishop (D-N.Y.) and Rep. David McKinley (R-W.Va.) introduced The U.S. Call Center Worker and Consumer Protection Act, a bipartisan bill to both help fight the offshoring of call-center jobs and protect consumers. more »
The old tricks aren’t working any more. The government’s tools for a weak economy have been to lower interest rates, borrow and spend, or have a war. Now, interest rates are so low that you can’t earn enough on your savings to keep up with inflation, the government owes $31,666 for every man, woman and child in America, and we have two of the longest running wars in U.S. history. more »
Alan S. Blinder, “How Many U.S. Jobs Might Be Offshorable?” CEPS Working Paper No. 142, March 2007. http://www.princeton.edu/~ceps/workingpapers/142blinder.pdf
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