Archive
Put A Worker On The Board
President Obama's nomination of Hyatt heiress Penny Pritzker to be Commerce secretary gives me the perfect excuse to write about a fascinating conversation I had recently with Cathy Youngblood, a union activist and Hyatt employee who is on a campaign to get her...
March Trade Deficit Better -- Why This Matters More Than Budget Deficit
The trade deficit fell to "only" $38.8 billion in March. This could mean that manufacturing is starting to shift from China (good) -- or it could mean our economy is slowing and we just aren't buying as much as we would have (not so good). It is also because we are...
Repeal the Sequester – And the Insanity Behind It
Sure, we urgently need to repeal the sequester. (You can tell your member of Congress that here.) But it's even more important to repeal the insane thinking that led to the sequester. That means repealing the deficit babble that still dominates Washington (and...
CEO Paid 1795 Times Workers, Company In Trouble. Quelle Surprise
There is a three-year-old law that requires companies to disclose to shareholders the ratio of CEO-to-worker pay, but the Obama administration isn't implementing it.
Should A CEO Make 1700 Times A Worker's Salary?
Most of us are still feeling the effects of a struggling economy, but the corporate elite and the Wall Street banksters are doing better than ever. The income gap between workers and CEOs has gone up almost 20% since 2009.
"Hardly A Wild-Eyed Liberal"
... because if he were we could dismiss him as a typical stupid hippie to whom nobody should ever pay attention (particularly when sharp analysts like Newt Gingrich and George Will exist.) But now that people who the mainstream media can respect, like Tim Kaine, are...
Social Security COLA Cut Would Push African Americans Further Behind
African Americans in retirement or on disability would be hit particularly hard by a proposal to use the “chained CPI” to limit cost-of-living adjustments to Social Security benefits, according to a new study released by the Center for Global Policy Solutions....
Progressive Breakfast
MORNING MESSAGE: Sequester Cuts Are Dumb, Education Cuts Are Dumber OurFuture.org's Jeff Bryant: "Unfortunately, cuts to essential funds for educating our children aren't limited to the dreaded sequester. The assault on spending is pervasive in all aspects of...
Sequester Cuts Are Dumb, Education Cuts Are Dumber
Cuts to government spending like the now-reviled "sequester" are not only "dumb" as my colleague Robert Borosage explained this week. They are literally making us dumber. What's dumb is to cut money for air traffic controllers and endanger airline passengers and...
My Dark Night of the Sequester
A poll was released today which found that only 16 percent of adult Americans know anyone who was affected by sequester flight delays. Now that Congress has acted so swiftly to address this disproportionately higher-income inconvenience, that number probably won't...
