by Dave Johnson | Aug 27, 2010 | Blog, Economy
When we pack up a factory here -- and all of its jobs and supply chain and its support/.maintenance structure -- and send it all over there to a country that doesn't have the wage and safety and environmental protections we have, just to save a bit of money today we...
by Richard Eskow | Aug 26, 2010 | Blog
Millions of Americans are struggling to survive in the ruins of a once-healthy economy. A bipartisan frenzy of bank deregulation led to this catastrophe, and the financial reform bill passed this year is only a first step toward repairing the damage. We should be...
by Dave Johnson | Aug 26, 2010 | Blog
In today’s New York Times, One Liberal Voice Dares to Say, Cut the Budget, by Matt Bai. Bai's piece frames the federal debt as almost entirely the fault of Social Security, with cutting Social Security the only real way to fix the problem. Bai claims that "liberal...
by Richard Eskow | Aug 26, 2010 | Blog
Alan Simpson said he's sorry, but it's not enough. The calls for his resignation will continue - and not because of "political correctness" or his use of the word "tit," has his apologists suggest. They'll continue because he's uninformed about Social Security,...
by Isaiah J. Poole | Aug 26, 2010 | Blog
A number of cities around the country are turning off their street lights, unpaving their roads and rolling back what used to be sacrosanct public services because they can no longer afford to provide them. The New York Times reported recently that students at a...
by Mary Bottari | Aug 26, 2010 | Blog
Some will rob you with a six gun and some with a fountain pen - Woodie Guthrie Like mushrooms popping up in a damp basement, a slew of court settlements have been registered recently involving the big banks and their role in the financial crisis. An informal review of...