by Isaiah J. Poole | Dec 29, 2008 | Blog, Reagan Revolution
In every article assessing the roots of today's financial crisis, one theme stands out: As would-be Wall Street wizards came up with ever-more-fantastical strategies for making obscene profits, the guardians of the public trust either snoozed or egged them on. The...
by Terrance Heath | Dec 19, 2008 | Blog, Minimum Wage
Every once in a while, an idea gels in my head and I dismiss it, thinking to myself "Nah. I gotta be missing something. It can't be that. And then I hear someone who probably knows a lot more than I do about the subject at hand say pretty much what I'd been thinking...
by Sara Robinson | Nov 25, 2008 | Blog, Economy, Minimum Wage, Rick Perlstein
Oh, Lordy. It is that time again. Thursday is Thanksgiving— the official kickoff event of the 2008 holiday season. For a lot of progressives, these festivities also mean that we're about to spend more quality time with our conservative relatives over the next six...
by Bill Scher | Nov 12, 2008 | Blog, Minimum Wage
After the Democrats took over Congress in 2007, Senate Finance Committee Chair Max Baucus (D-Mont.) was a bit of a buzzkill, watering down progressive legislation regarding the minimum wage and prescription drug costs. And in the next Congress, as Ezra Klein suggested...
by Tula Connell | Nov 3, 2008 | Blog, Minimum Wage
What bitter irony. Studs Terkel, who gave voice to working people throughout his life, passed away yesterday, just days before a potentially historic presidential election. Should Sen. Barack Obama win on Tuesday, his victory would be a sweet vindication for Terkel,...
by Robert Borosage | Oct 7, 2008 | Blog, Minimum Wage
So much for the $700 billion bailout of Wall Street. Stocks are tanking across the world. Clearly, once the bailout passed, investors took a good look at the real economy and dove for the mattresses. We’re headed into a great reckoning. And at the heart of that, as...
