by Roger Hickey | Feb 21, 2014 | Chained CPI, Retirement Security
Great news! The Associated Press reported on Thursday that an unnamed Obama administration official (speaking on background) announced that the chained CPI will not be in President Obama’s budget. Just so we all really believed this signal, the White House Office of...
by Bill Scher | Feb 20, 2014 | Minimum Wage
Over at The New Republic, Danny Vinik notes that the Republicans are attacking President Obama's approach for raising incomes with a higher minimum wage, ostensibly for fear of job losses. Yet Republicans refuse to coalesce around any alternatives for either raising...
by Richard Eskow | Feb 19, 2014 | The Jobs Challenge
It’s been five years since the passage of President Obama’s stimulus bill (officially known as the American Recovery and Reinvestment Act). Its successes are well documented: an increase in the gross domestic product of between 2 and 3 percent from late 2009...
by Isaiah J. Poole | Feb 18, 2014 | Minimum Wage
Here's what you need to keep in mind about the Congressional Budget Office report that is generating headlines that a $10.10 minimum wage could cost 500,000 jobs: That report is not the indictment that it is being made out to be in the mainstream media and by...
by Richard Eskow | Feb 14, 2014 | Minimum Wage
President Obama signed an executive order on Wednesday raising the minimum wage for some federally contracted workers to $10.10. This move illustrates the fact that we need a higher minimum wage for all workers. It also promotes the bill by Sen. Tom Harkin and Rep....
by Martha Burk | Feb 13, 2014 | Economy, Progressive Vision, The Jobs Challenge
When President Barack Obama talked about pay equity in his State of the Union speech last month and connected the dots between gender and low-wage work, advocates in the audience were ecstatic. Representative Rosa DeLauro, lead sponsor of the Paycheck Fairness Act...