by Leo Gerard | Jul 27, 2011 | Blog, Economy, Making it in America
Written with Leo Hindery Jr., Chair of the Smart Globalization Initiative at the New America Foundation America is facing a catastrophic jobs crisis. Not since the Great Depression has official unemployment hovered above nine percent – where it is today – for more...
by Robert Borosage | Jul 26, 2011 | Blog
Seldom have we witnessed a more dishonest speech in prime time than that delivered by House Speaker John Boehner last night on the debt ceiling crisis. “The sad truth,” he declared, “ is that the president wanted a blank check six months ago, and he wants a blank...
by Robert Borosage | Jul 26, 2011 | Blog
Things fall apart; the centre cannot hold; .... The best lack all conviction, while the worst Are full of passionate intensity. -William Butler Yeats, The Second Coming "It is clear we must enter an era of austerity; to reduce the deficit through shared sacrifice,"...
by Isaiah J. Poole | Jul 26, 2011 | Blog
Thousands of citizens fanned out to congressional offices across the country this afternoon to tell their members of Congress to not pay the ransom being demanded by congressional conservatives—deep cuts in economic security programs for seniors, the sick and the...
by Terrance Heath | Jul 26, 2011 | Blog
It turns out President Obama was more right than he knew when, back in April, he spoke of the GOP's vision of a "shrunken America." There's just one more thing about which, in his speech last night, John Boehner was more wrong than he knew or probably cared to know....