by Robert Borosage | Jun 7, 2013 | Uncategorized
The May jobs numbers – with a net growth of 175,000 jobs – shows an economy that is treading water. There is no change in the unemployment rate or number of unemployed, no change in number of long-term unemployed. Worse, there is no change in the employment-population...
by Robert Borosage | Jun 5, 2013 | Financial Reform, Student Debt Relief
The U.S. Congress votes readily to subsidize the big banks to our peril. The Congress lavishes subsidies to Big Oil to our shame. Congress allows Big Pharma to help health care costs bankrupt us. But Republican senators Lamar Alexander, Tom Coburn and Richard Burr say...
by Robert Borosage | Jun 4, 2013 | Uncategorized
Democrats now delight in watching Republicans flounder as they try to free themselves from the failures of President George W. Bush and the extremes of the Tea Party. But the GOP’s tribulations should not blind Democrats to their own challenge. The party must free...
by Robert Borosage | May 23, 2013 | Blog
On Tuesday, a "sinkhole" suddenly sank in Washington D.C. three blocks from the White House. Not a metaphor, but a massive hole in the road as "long as a Ford Explorer," double the width of a train car and 17 feet deep. The asphalt eroded around a metal plate covering...
by Robert Borosage | May 17, 2013 | Uncategorized
Thursday on Bloomberg Television, Robert Borosage made the case for Sen. Elizabeth Warren's Bank On Student Loan Fairness Act, which would set student loan interest rates at the same rate banks get from the Federal Reserve discount window: "There is a universal...