by Isaiah J. Poole | Jul 20, 2010 | Blog, Economy
Two depressing reports today show the depth of today's jobs emergency, both immediately and in the long term. The message that these two reports convey is clear: We are in a deeper hole than much of the rhetoric coming from either end of Pennsylvania Avenue suggests....
by Dave Johnson | Jul 20, 2010 | Blog, Economy
The Constitution of the United States, Article II, Section 3: "He may, on extraordinary Occasions, convene both Houses, or either of them..." We have a jobs emergency and the Congress has not acted. Almost everything the Senate does is being blocked by an...
by Bill Scher | Jul 20, 2010 | Blog
A new USA Today/Gallup poll finds the most Americans do not support broad cuts in Social Security, either by raising the retirement age or the payroll tax. Oddly, that news is buried in the second-to-last paragraph of the USA Today article of the poll, and is not even...
by Robert Borosage | Jul 20, 2010 | Blog
The following was originally published by Politico With more than 20 million people unemployed or underemployed, deflation looming, trade deficits rising and the economy staggering, American elites are hyperventilating about balancing the books. While most economists...
by Richard Eskow | Jul 19, 2010 | Blog
A disturbing pattern seems to be forming in Washington: Evidence of financial wrongdoing leads to financial settlements with large banking institutions, but with no apparent move to indict the individuals responsible. AIG agreed to the largest settlements in history,...
by Robert Borosage | Jul 19, 2010 | Blog
They forget to dance with those that brung them Consider the current tempest about the “poisonous relations” between Obama and business. Former Clintonista Roger Altman, a Democratic investment banker, offers advice on how to mend the fences to both sides of the...