by | Jul 13, 2011 | Blog, Economy
Originally posted at RobertReich.Org. What did the President do in response to last week’s horrendous job report — unemployment rising to 9.2 percent in June, with only 18,000 new jobs (125,000 are needed each month just to keep up with the growth in the potential...
by Dave Johnson | Jul 13, 2011 | Blog, Economy
Yesterday we learned that the trade deficit exploded in May, especially (as always) with China. The other side of our increasing imports is our increasing exports. The dollar is down against some currencies, putting us in a stronger position. Some countries are doing...
by Robert Borosage | Jul 13, 2011 | Blog
Conservative Republicans hold as an article of faith that cutting government spending creates jobs, even in the midst of a recession. House Majority Leader Eric Cantor, the conservative zealot who has personally blown up the debt ceiling talks twice over the mere hint...
by Eric Lotke | Jul 13, 2011 | Blog
Yesterday evening I attended an event sponsored by my U.S. Representative, Jim Moran (D-VA). I accepted an invitation I received from his email list to a community forum called "Principles & Priorities: How would you balance the budget?" I'm no dummy and I was...
