by Dave Johnson | Jul 7, 2015 | Blog, Trade
The U.S. Census Bureau reported Tuesday that the May goods and services trade deficit was an enormous, humongous $40.9 billion, up a bit from an enormous, humongous $40.7 billion in April. Our enormous, humongous trade deficit is a measure of how many jobs, factories,...
by Isaiah J. Poole | Jul 7, 2015 | Blog, Jobs and Growth, Tax Reform
An outfit called Morning Consult created a minor ripple this week with a news story headlined "Voters Back White House Plan for Highway Funding." But, like all stories based on polls, it pays to know how the pollster asked the question. And in this case, if the goal...
by Leo Gerard | Jul 7, 2015 | Blog, Jobs and Growth
Businesses always find big bucks for the boss. He wants a raise; he gets it. No problem. For workers whose sweat of the brow produces profits, well, somehow there's never a cent for them. In fact, last week when President Obama proposed making more workers eligible...
by Robert Borosage | Jul 7, 2015 | Blog, Economy, Greek Crisis
Prime Minister Alexis Tsipras will present a new Greek proposal to the Europeans today, but there are few reasons for hope. The European Central Bank announced yesterday that it would not provide increased liquidity to Greek banks, insuring that they will remain...
by Robert Reich | Jul 6, 2015 | Blog, Health
The Supreme Court’s recent blessing of Obamacare has precipitated a rush among the nation’s biggest health insurers to consolidate into two or three behemoths. The result will be good for their shareholders and executives, but bad for the rest of us – who will pay...
by Bill Scher | Jul 6, 2015 | Blog
One hundred and fifty years ago today, 12 weeks after Abraham Lincoln was assassinated, The Nation magazine was born and immediately called for President Andrew Johnson to exercise his power and enshrine "the right of the negroes to the franchise." I know this...
