"Producers" and "parasites." Cruel language justifying extreme greed seems to be mainstream now. Even Presidential candidates feel free to disparage 99% of us!
President Obama is preparing to roll out his 2013 budget. If he wants a budget that gets rid of the deficit, meets human needs and does the things that polls show the public overwhelmingly wants done, The People's Budget Is The Template!
Economist Christina Romer had an op-ed in the NY Times this weekend, Do Manufacturers Need Special Treatment? The question that keep coming back to me is why did she feel the need to write an op-ed to diss manufacturing? Is it just an economist thing?
PBS NewsHour took a look at why Germany's economy is doing so well, while much of the rest of Europe is not doing so well.
The FAA reauthorization bill has passed Congress with its anti-union provisions. Once again big companies of the 1% were able to use their money and power to buy legislation that hurts 99% of us. And many Dems joined in. Watch the powerful video at the end of this post.
Not long ago, in A Win For Labor - FAA Bill Drops Anti-Union Language, I wrote that, "negotiators have dropped the anti-union language for votes to start a union. Republicans were insisting that no-shows be counted as "No" votes. Delta's check must have been mailed late."
This is Part II of Companies As Buy-And-Sell Commodities. See Part I, Companies As Buy-And-Sell Commodities - Workers, Customers and Country As Costs.
This is Part I of Companies As Buy-And-Sell Commodities. See Part II, Caught In A Machine That Grinds Us Up.
The news is just out, the economy added a healthy number of new jobs last month, even with government jobs still declining thanks to austeridiocy. The better news is that there is an accelerating trend.
This week three new reports described even more continuing damage to our economy caused by China's trade cheating -- and our own lack of response. Even as the auto industry recovers and auto-assembly jobs are returning, the auto-parts industry and jobs are not.
Servitude: "a condition in which one lacks liberty especially to determine one's course of action or way of life"
Indiana is about to pass what is called a "right-to-work" law.
President Obama put American manufacturing literally at the front and center of his State of the Union speech.
The spiral-to-the-bottom and inequality we are suffering is not an inevitable result of globalization, it is what happens when we don't hold cheaters and exploiters accountable and stop them.
There is breaking news from Capitol Hill, negotiators have dropped the anti-union language for votes to start a union. Republicans were insisting that no-shows be counted as "No" votes. Delta's check must have been mailed late.
Republicans were blocking National Labor Relations Board and Consumer Financial Protection Bureau nominees to keep these agencies from doing their jobs under the law, in exchange for a cut of the take.
President Obama's Council on Jobs and Competitiveness ("Jobs Council") issued a report calling for fewer regulations and lower corporate tax rates. This doesn't have to be a bad idea. The Report
Mitt Romney's ultra-low tax rate on his ultra-high income is reviving questions about the breaks and perks that the wealthiest of the 1% receive from the rest of us.
The United States is losing ever more jobs and becoming ever less competitive as our universities are cut back and companies move R&D jobs to Asia.
Congress is back in session and Republicans are right back to shutdown threats. Once again Republicans are trying to use shutdown threats to bust unions (the 99%), once again doing it for pay, for a specific company (the 1%).
What would Martin Luther King do if he were alive today?
President Obama is hosting a forum on "insourcing" today.
President Obama will host a forum on insourcing jobs Wednesday. The forum will feature leaders of several companies who have already shifted jobs back home and are encouraging others to do the same. According to the White House,
Last month I wrote about a bill before Congress that would both help fight the offshoring of call-center jobs and protect consumers. Now the countries where we have been sending those jobs are organizing a lobbying campaign to fight the bill. The Bill
After years of conciliation and one-way "bipartisanship," with Republicans refusing to meet even partway, the President got fed up.
One after another, the Republican presidential candidates have come out with strong statements that appear to show support for making things in America and revitalizing American manufacturing.
President Obama moved an obstructing GOP out of the way earlier today, announcing that he was making a recess appointment to get the Consumer Financial Protection Bureau (CFPB) up and running.
There are so many unanswered questions and contradictions all around us.
As of now an agency of our government, the National Labor Relations Board (NLRB), is effectively shut down, unable to do its job.
You may have heard that Verizon is going to charge customers a $2 “convenience fee” to pay their bills online. You may not have heard that Verizon is asking its […]
At the end of the year the Washington Post published as “news” a story, “Support grows for tackling nation’s debt” that pushed the idea of “a special commission to make […]
See if you can spot the big mistake (giving them the benefit of the doubt) in this Washington Post story: Payroll tax cut raises worries about Social Security’s future funding: […]
In November President Obama said, “enough is enough” to China’s currency manipulations. Today the Treasury Department said it hasn’t seen enough to call China a currency manipulator. This is happening […]
Who is our economy for, anyway? In the United States We, the People are supposedly in charge and our country and economy are supposed to be managed for the public […]
David Brancaccio’s Marketplace story Tuesday, Decline of Kodak offers lessons for U.S. business traced the decline of Kodak and the loss of Rochester, NY’s good, middle-class jobs to Kodak’s failure […]
Today’s GDP report shows slow growth. It isn’t declining growth so technically is not a recession, but not enough growth to lead to job gains. U.S. Economy Grew at a […]
In the day-to-day news about trade problems with China the bigger picture can get lost. America is giving up its competitive position in industries of the present and future and […]
If you take a government program, change everything about it, destroy its core purpose, but keep the same name, is it the same program? Politifact.com says yes, and even goes […]
Here is how far we have fallen: Republicans and big corporations are going to extremes, even threatening to shut down entire agencies of the government, just to keep people from […]
Conservatives, their movement funded by big oil and king coal, constantly complain about “job-killing regulations.” They say that the Environmental Protection Agency is pushing “socialism” because it wants to lower […]