by Robert Borosage | Feb 1, 2013 | Blog
Despite nearly three years of growth, we have over 20 million people in need of full-time work. Wages are declining. This economy is not working for working people. To recover from this economic downturn, we requires more than a short-term stimulus and certainly not...
by Robert Borosage | Jan 31, 2013 | The Sequester
The U.S. economy shrank unexpectedly in the last three months of 2012, ending over 30 months of economic growth. Exports lagged, reflecting, in part, declining markets in Europe, now suffering a costly recession inflicted by misguided austerity policies. But the...
by Robert Borosage | Jan 28, 2013 | Minimum Wage, The Sequester
The United States is in the midst of the most protracted unemployment crisis in modern history, and for vast segments of the population, the recession has never ended. Wages are still sinking; more than 20 million people are in need of full-time work. Yet, the...
by Robert Borosage | Jan 22, 2013 | The Sequester
Republicans in Congress are intent on creating yet another manufactured budget crisis. This one is timed to come after bruising negotiations over the next weeks to avoid the deep, across-the-board cuts required by the sequester and the threat to shut down the...
by Robert Borosage | Jan 17, 2013 | Minimum Wage
F. Scott Fitzgerald warned, "There are no second acts in American lives." And for recent American presidents, second acts have been brutal. The hope of the first act succumbs to the karmic reckonings of the second. Nixon cast out by his crimes in Watergate. Reagan...
