Archive
Conference Calls For Bold Approaches To The Jobs Emergency
Down with the deficit rhetoric; it's time for a bold approach that addresses our true crisis: a stagnant economy coupled with high unemployment. On Tuesday, progressives gathered at the Roosevelt Institute's first jobs conference, “A Bold Approach to the Jobs...
Sens. Brown, Sessions, Schumer, Graham, Stabenow, Burr, Collins and Casey Introduce New China Currency Bill
Ahead of President Obama's meeting China's President Xi Jinping later this week, and with our trade deficit with China up yet again, eight Senators from both parties joined today to introduce The Currency Exchange Rate Oversight Act of 2013. The eight are U.S....
Hourly Compensation Posts Record Drop
U.S. worker compensation posted its biggest drop since 1947 during the last quarter. The year 1947 is when the Labor Department began tracking the statistic. The Bureau of Labor Statistics released data today showing a 3.8 percent drop in the first quarter. According...
Succor the Banks; Gouge the Kids
The U.S. Congress votes readily to subsidize the big banks to our peril. The Congress lavishes subsidies to Big Oil to our shame. Congress allows Big Pharma to help health care costs bankrupt us. But Republican senators Lamar Alexander, Tom Coburn and Richard Burr say...
Christie's Choice: Break The Fever Or Keep Washington Sick
I'm on record as not liking Gov. Chris Christie. Two years ago I deemed him the "biggest sham in American politics." Now he has the opportunity to prove me wrong. While there is much political fuss over Christie's decision, following the death of Sen. Frank...
The New York Times "Room For Debate": How About A Family Friendly Economy
Late last week, I was invited to be a debater in today's New York Times "Room for Debate" online discussion. The debate is focused on last week's news that mothers are now the primary breadwinners in 40 percent of American households, and the hand-wringing about the...
U.S./China Summit - Who Holds The Cards?
On a press call yesterday in advance of this week's "summit" between President Obama and Chinese President and General Secretary of the Communist Party Xi Jinping, Alliance for American Manufacturing's (AAM) Scott Paul called for consequences for China's trade...
The World Economy 's a Ticking Time Bomb (and The Fuse is Burning)
Respected economist John Kay is about to make a public statement which essentially says that the world economy is a ticking time bomb and global markets are a lit fuse. Kay is a professor at the London School of Economics, a columnist for the Financial Times, and the...
Obama Nominates Three To DC Circuit Court
President Obama directly confronted Republican obstruction this morning, nominating three people to fill vacancies at the U.S. Court of Appeals for the District of Columbia Circuit and challenging Republicans to allow the Senate to vote on their confirmation. This is...
Use the Nuke, Harry, Use the Nuke
Marcus Hedger was wrongly fired. That’s what the National Labor Relations Board (NLRB) determined. Despite that, Mr. Hedger lost his Antioch, Ill., home. His case got mired in allegations that the board that heard it was illegitimate. Similarly, West Virginia’s...
