Archive
Hypocrites with Fat Wallets: The CEOs Who Want It All
America's top corporate executives love lecturing the rest of us about 'fiscal responsibility.' They want us to expect less from government. But they expect more, and a new report shows how they're getting it.
Austerity in De-Niall
When historian Niall Ferguson made his offensive comments about John Maynard Keynes last week, he wasn't just revealing an ugly side of own nature. He was defending his authoritarian and economically punitive ideology not only against its opponents, but against...
Progressive Breakfast
MORNING MESSAGE: The Democratic Dilemma: It’s Still the Economy OurFuture.org's Robert Borosage: "... for all of the Republican disarray, Democrats are in trouble. The bi-elections in 2014 come in the president’s sixth year in office. The economy and jobs will be the...
The Democratic Dilemma: It's Still the Economy
Democrats are enjoying the spectacle of Republican disarray. All of Washington is sinking in popularity, but Republicans rank lowest in public esteem. The old wedge issues – guns, gays, racial division, the war on women – now bolster Democrats.
Sequester Actually Increases Spending. So Repeal It.
Cutting Meals On Wheels doesn't save the government a dime, it costs $489 million a year. Cutting IRS obviously increases the deficit because it lowers tax revenue. Other cuts also increase spending. All obviously hurt the economy. Tell me again, what's the...
The Bite of Apple: Firm Dodges Enough Taxes To Cover Much of Sequester
The scheme that Apple cooked up this week to finance a $55 billion stock buyback for its shareholders was orchestrated to avoid paying $9.2 billion in taxes, Bloomberg reported Friday. That $9.2 billion tax bill that Apple dodged would have been enough to make...
Zero Manufacturing Jobs Added. Zero.
President Obama set a goal of 1 million new manufacturing jobs in his second term. Last month we added zero. Not one. Nada. Zip. We did add low-wage jobs, though. Maybe we can talk about a national manufacturing strategy now? A Million Manufacturing Jobs? In the 2012...
Mushroom Clouds Over Texas, 500 Deaths in Bangladesh -- THAT'S Why We Need Unions
News reports tell us that more than 500 people have now died and more than 2,500 were injured in Savar, Bangladesh, while the toll in West, Texas stands at 15 dead and over 200 injured. Behind these two disasters is a common thread of greed - and a common need for...
Springtime Blues: The April Jobs Report
The April jobs report of the Bureau of Labor Services is sobering. The mediocre jobs number -- 165,000 new jobs or barely enough to cover new entrants into workforce -- is a self-inflicted wound. Government austerity -- tax hikes and spending cuts -- is suffocating...
Sequester Kills Medical Research Because 'Government Spending Is Bad'
Republicans continually drone on about how "government spending" is so bad... Infrastructure, medical research, education, law enforcement... bad ... "out of control" ... "take money out of the economy" ... etc. And so because we have to do something about "out of...
