by Dave Johnson | Jun 6, 2014 | Blog, Trade
Wednesday's trade balance report showed that just two years after signing a "free trade" agreement with South Korea we have reached a record monthly trade deficit of $2.3 billion with that country, up from $1.3 billion the month before. Now South Korea is attacking...
by Dave Johnson | Jun 5, 2014 | Blog, Jobs and Growth
Low-wage jobs are bad for America's economy. They drive a race to the bottom as people pull back, forcing more layoffs and wage cuts. But America has been replacing good-paying jobs with low-wage jobs for decades, and the wage differential goes to a few at the top....
by Dave Johnson | Jun 4, 2014 | Blog, Conservatism
When a government "contracts out" – privatizes – one of its services, that is supposed to save taxpayers money. A new study finds that privatization not only costs governments more than it saves, it has forced millions of people into lives of poverty. According to the...
by Dave Johnson | Jun 4, 2014 | Blog, Trade
The Department of Commerce’s Bureau of Economic Analysis released the April trade figures this morning. The news is bad. The trade deficit measures how much more we buy from other countries than they buy from us. It is a way to measure loss of jobs, loss of factories,...
by Dave Johnson | Jun 4, 2014 | Blog, Health
Republicans in February filibustered a bill that would have given the Veterans Administration more resources to address delays at its health facilities. Then they whipped up one of their hysterical "scandals" over delays in care (that actually started under President...
