by Roger Hickey | Jul 8, 2011 | Blog
The Washington Post and NY Times report that President Obama will offer Republican negotiators major cuts to Social Security and Medicare when they meet today. Supporters of these essential programs are outraged -- and rightly so. We've been told that Social Security,...
by Roger Hickey | Jul 8, 2011 | Blog
The unemployment numbers released today are terrible, and they show that budget austerity is crippling the recovery. After the worst recession since the Great Depression, the federal government made an effort to stimulate growth and to help state and local governments...
by Isaiah J. Poole | Jul 8, 2011 | Blog
Today's Bureau of Labor Statistics report is a stunner, with only a net total of 18,000 new jobs created in June and the unemployment rate nudging upward to 9.2 percent. Meanwhile, conservatives in Congress have been literally leaving new jobs stranded on crowded,...
by | Jul 8, 2011 | Blog, Economy
If the topline numbers of today’s jobs report weren’t depressing enough, consider some other facts that, taken together, strongly suggest that we are in a serious economic crisis. Let’s start with the basics. The unemployment rate crept up to 9.2% in June. Only 18,000...
by Dave Johnson | Jul 8, 2011 | Blog
In England people "know" many of the same false things that people here "know." Except in England the false things work against English working people instead of against American working people. I am in England this week and next and am enjoying some pub conversations...
by Terrance Heath | Jul 7, 2011 | Blog
To listen to what's coming out of Washington, D.C., these days is to realize that our elected officials are completely ignoring a deficit that threatens to devastate the American economy, and the lives of millions of Americans. No, not that deficit. I'm talking about...
