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 Richard Eskow | Jan 25, 2013 | Chained CPI
Here's a "Washington insider" story that could affect every family in the country. Congressional newspaper The Hill reported Wednesday that Sen. Charles Schumer, D-N.Y., was considering using a special parliamentary maneuver to push a budget deal. But this wasn't just...
by Roger Hickey | Jan 24, 2013 | Chained CPI, The Sequester
A report in The Hill newspaper last night suggested that Sen. Charles Schumer (D-N.Y.) may be floating a proposal that includes cuts to Social Security and Medicare. If Sen. Schumer's proposal was accurately reported, the senator could not be more wrong. Just as...
by Digby | Jan 23, 2013 | The Sequester
When it comes to beating back extremists, I'm all in favor of living to fight another day, so the idea of kicking the can down the road on some horrible debt deal never seems like the worst thing that could happen. But I can't figure out why everyone seems to believe...
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...