by Robert Borosage | Oct 1, 2012 | Blog, Economy
The August job numbers -- a disappointing 96,000 net new jobs for the month – only reinforce the need for greater action on jobs. At this rate, new job creation is not sufficient to cover the people coming into the jobs market. Worse, the economy faces severe hurdles...
by Robert Borosage | Oct 1, 2012 | Blog, Economy, The Sequester
Last week, Federal Reserve Chair Ben Bernanke announced a dramatic new commitment of the Fed to keep long term interest rates low in the hope of boosting employment and economic growth. In doing so, Bernanke issued a wake up call to the Congress and to both...
by Terrance Heath | Oct 1, 2012 | Blog, Economy
In my previous post this morning, I noted that the U.S. is starting to look a lot like Greece, at least in terms of austerity-driven suicides. This week, Greece's austerian nightmare seems to have metastasized into a full-fledged tragedy. Thousands of Greeks who still...
by Dave Johnson | Oct 1, 2012 | Blog, Economy
We have millions unemployed with millions more underemployed or just gave up looking, our infrastructure is literally crumbling, our trade deficit is horrendous, our "safety net" has eroded below minimum acceptable standards, pensions are cut or gone, the climate is...
