by Eric Lotke | Jul 8, 2010 | Blog
The progressive movement that fueled Obama’s stunning 2008 election victory is out of work. Sure, lots of people are unemployed — but the demographic groups at the heart of the Obama coalition have been hit especially hard. That’s why it’s so bitter to watch Obama so...
by Richard Eskow | Jul 8, 2010 | Blog
Fareed Zakaria is an interesting writer who says some sensible things, as when he called the intensity of the war in Afghanistan "disproportionate" to the threat. But he also reflects the biases and distorted perceptions of a punditocratic subculture that continues to...
by Robert Borosage | Jul 7, 2010 | Blog, Economy, Making it in America
President Obama touted his National Export Initiative this week, boasting that in the first quarter of this year, exports were up 17% from a year ago. Increased exports abroad generate jobs at home. Given the failure of the Senate to pass badly needed jobs bills, the...
by Dave Johnson | Jul 7, 2010 | Blog
Tell us your own story in the comments, please! Here is a fact: There. Are. No. Jobs. Well, there are approx. 10 "official" job-seekers for each job that opens up. (Remember the underemployed figure, known as "U-6" is 21.7% in California 16.7% nationally.) You have to...
by Zach Carter | Jul 7, 2010 | Blog, Financial Reform
When the nation's most prestigious investment banks found themselves on the verge of total annihilation in the fall of 2008, the most radical and effective government response was not the infamous $700 billion Troubled Asset Relief Program. The wildest salvation...
by Dave Johnson | Jul 7, 2010 | Blog
In his State of the Union speech President Obama announced the National Export Initiative, a campaign to double US exports within 5 years. Today he gave a progress report and announced the members of his Export Council, with a number of CEOs (and one labor leader)...
