by Terrance Heath | Aug 22, 2011 | Blog
We're living in a "Dropout Economy," and it's not the post-apocalyptic, Mad Max Beyond Thunderdome fantasy that seems to fuel conservative dreams of a government-free utopia. This Dropout Economy comes at a huge cost in lost wages and lost revenue. A new study...
by Dave Johnson | Aug 22, 2011 | Blog
People are fed up and showing up, making their voices heard, taking action. You might not be seeing very much coverage in the "mainstream" (corporate) news outlets but his has been a summer of increasing action, all following up on the Wisconsin actions. Just a few...
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...