by Robert Borosage | Sep 15, 2013 | Jobs and Growth
As we mark the fifth anniversary since the beginning of one of the worst financial crises in American history, the nation has yet to recover. Over 21 million people are in need of full-time work. Wages are stagnant. The too-big-to-fail banks are bigger and more...
by Robert Borosage | Sep 6, 2013 | Jobs and Growth
The Bureau of Labor Statistics reports the creation of 169,000 net new jobs with the unemployment rate “little changed” at 7.3 percent. However mediocre, these figures are likely to reconfirm the Federal Reserve's inclination to begin “tapering” back the $85 billion...
by Robert Borosage | Aug 29, 2013 | Federal Reserve Chair, Financial Reform
A White House aide has now floated the word that Larry Summers is being “vetted” for nomination to head the Federal Reserve. Whatever the president’s preference, it is clear that the “boys club” that dominates administration economic policy is all in for Summers....
by Robert Borosage | Aug 12, 2013 | Blog
Most babies born in the U.S. today are children of color. In three decades, more than half of our population will be people of color. By 2050, 42 percent of our workforce will be African American and Hispanics. (Today that figure is 27 percent). Yet, even as diversity...
by Robert Borosage | Aug 7, 2013 | Federal Reserve Chair, Financial Reform
The chattering classes are fascinated by the Republicans’ internecine battle to redefine the party in the wake of the George W. Bush calamity and the Mitt Romney defeat — from Senator Rand Paul’s revolt against the neoconservative foreign policy, to intellectuals...
