by Leo Gerard | Jul 21, 2011 | Blog, Minimum Wage
The Bush administration told taxpayers to hand over hundreds of billions of their hard-earned dollars to bail out Wall Street banks because the financial institutions were too big to fail. Now, Rupert Murdoch, owner of politically powerful publications and broadcast...
by | Jul 21, 2011 | Blog, Economy
The New York Times on Wednesday featured another Casey Mulligan episode of "There Is No Unemployment." Mulligan's argument is that if we look at employment rates for the older population we see that they have actually risen in the downturn even as...
by | Jul 20, 2011 | Blog, Chained CPI
The Gang of Six’s “Bipartisan Plan to Reduce Our Nation’s Deficits" proposes immediate and significant cuts to Social Security benefits, and a process for addressing the program’s funding shortfall projected to appear 25 years from now. The process would...
by Bill Scher | Jul 20, 2011 | Blog
Yesterday, Wisconsin Republicans failed to oust a sitting Democratic state senator in the first of nine recall elections slated for this summer. While most of the recall elections targeting incumbent Republicans who support Gov. Walker's anti-public worker law,...
by Richard Eskow | Jul 20, 2011 | Blog
History books record an empire's fall as a series of dates and events. Battles are fought, people resist, elections are called, arrest warrants are issued. But those are just details. An empire really falls in that moment when people stop believing that it's...