by | Aug 22, 2011 | Blog, Economy
Well here's a shock. We know that after a year of shrieking about deficits, if Democrats propose anything that might actually create jobs the Republicans will have a hissy fit They don't care about the suffering of the people and they only believe in...
by Sam Pizzigati | Aug 20, 2011 | Blog
Investor Warren Buffett last week made an insightful case for higher taxes on America's rich. The reaction to that case, from our wealthy's most ardent defenders, offers insights, too — on our plutocracy. In the United States today, phenomenally rich people pay a...
by Robert Borosage | Aug 19, 2011 | Blog, Economy
President Obama is, in the lingo of the day, “pivoting to jobs.” His bus tour through the Midwest began the process, with the president recycling his current jobs-lite agenda: payroll tax cut extended, infrastructure bank, trade deals, tax cuts for companies that hire...
by | Aug 19, 2011 | Blog, Economy
My analysis of today’s new Bureau of Labor Statistics July data on state employment and jobs suggests that current labor market weakness could be far worse than believed. The BLS sample survey of business and government Establishments shows 31 states, D.C. and the...
by Dave Johnson | Aug 19, 2011 | Blog
Republican Presidential candidate Rick Perry, threatening Federal Reserve Chair Ben Bernanke, over his efforts to boost the economy: “If this guy prints more money between now and the election, I dunno what y’all would do to him in Iowa but we would treat him pretty...
by Richard Eskow | Aug 18, 2011 | Blog
The stock market's plunging as of this writing, as the global economy reels from the destructive consequences of austerity economics. Yet in Washington, politicians are moving full speed ahead in their determination to impose a rigorous new program of... austerity...
