by Dave Johnson | Dec 21, 2011 | Blog, Making it in America
David Brancaccio's Marketplace story Tuesday, Decline of Kodak offers lessons for U.S. business traced the decline of Kodak and the loss of Rochester, NY's good, middle-class jobs to Kodak's failure to tend its "industrial commons." This is a national problem. For...
by Dave Johnson | Dec 21, 2011 | Blog
Today's GDP report shows slow growth. It isn't declining growth so technically is not a recession, but not enough growth to lead to job gains. U.S. Economy Grew at a 2% Rate in the Third Quarter, The United States economy grew at an annual rate of 2 percent in the...
by Dave Johnson | Dec 21, 2011 | Blog
In the day-to-day news about trade problems with China the bigger picture can get lost. America is giving up its competitive position in industries of the present and future and it is costing us. Even the people you would think would defend "free trade" are coming to...
by Mary Bottari | Dec 21, 2011 | Blog, Financial Reform
On Monday, Bank of America (BofA) stocks briefly traded for under $5. Yes, you could buy a share of BofA for less than the noxious debit card fee they tried to force down your throat. BofA is massive, with assets equivalent to 15 percent of U.S. GDP. So why is it...
by Richard Eskow | Dec 21, 2011 | Blog
The President has adopted the language of the 99%, and it's paying off for him. He's surged from a position slightly behind Mitt Romney in last month'sCNN polling to a 52%-45% lead against the Republican this week. While other factors were involved, his new rhetoric...