by | Jul 26, 2012 | Blog, The Sequester
Originally posted at Capital Gains and GamesThe Senate yesterday passed "The Sequestration Transparency Act" that requires the president to explain to Congress what he plans to cut to implement the sequester -- the across the board spending reductions that were...
by | Jul 24, 2012 | Blog, Minimum Wage
Today is a day of action to raise the minimum wage. Legislation is being introduced in Congress to increase the federal minimum wage to $9.80 an hour and index it to inflation so that people at the bottom of the wage ladder don’t keep falling behind. Join the day of...
by | Jul 24, 2012 | Blog, The Sequester
Originally posted at Capital Gains and Games. Ask the question in the headline above to a politician, and he or she is very likely to respond with something about how the pressure of the intentional and inadvertent spending cuts and tax increases that are scheduled to...
by Richard Eskow | Jul 22, 2012 | Blog, Minimum Wage
Economic issues make some people's eyes glaze over, so we'll put this plainly: Today's minimum wage is epic in its injustice and Dickensian in its cruelty. It's a shame that Dickens himself isn't here to write about it. Oh, and we almost forgot: Keeping it this low...
by Terrance Heath | Jul 19, 2012 | Blog, Economy, Minimum Wage
Scratch the surface of just about any economic debate this election year, and you'll find one issue that goes all the way to the core: the yawning gap between the 1% and the rest of us, as skyrocketing income inequality. A new report from the National Employment Law...
by | Jul 18, 2012 | Blog, The Sequester
Originally posted at Capital Gains and Games. There’s increasing nervousness on Capitol Hill these days about the one thing that has to be done on the budget before voters go to the polls. Unlike 2011, when multiple spending, tax and debt ceiling deadlines were...