by Bill Scher | Jul 14, 2011 | Blog, Economy
If this jobs bill can't pass today's Congress, and apparently it can't, then nothing will. Sens. John Kerry (D-Mass.) and Kay Bailey Hutchison (R-Texas) teamed up to introduce a bill creating an independent infrastructure bank. To allay conservative concerns about...
by Robert Borosage | Jul 14, 2011 | Blog
“.. Washington doesn’t have a revenue problem, it has a spending problem,” says House Majority Leader Eric Cantor (R-Va.). All Republican legislators have been taught to chant this tired Republican “talking point” as if it were the Hare Krishna mantra. To borrow one...
by Isaiah J. Poole | Jul 14, 2011 | Blog
Today and Friday we're asking everyone to call their senators today and tell them to oppose cuts in Social Security and end the raid of Social Security funds to give corporations another tax break. The number you can use to call is 1-866-251-4044, courtesy of the...
by Dave Johnson | Jul 14, 2011 | Blog
The conservative government in England is trying austerity. They are using the shock-doctrine tactic of drumming up public hysteria over bad news - in this case the financial collapse and resulting downturn - and using the panic as cover to quickly impose radical...
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...