by Sam Pizzigati | May 8, 2015 | Blog
Global economic inequality, the latest stats show, has reached astounding proportions. The world’s richest 1 percent last year held 48 percent of the world’s wealth, up from 44 percent in 2009. The world’s poorest 80 percent, for their part, hold a meager 5.5 percent...
by Mary Green Swig | Steven L. Swig | Richard Eskow | May 8, 2015 | Blog, Education
MaryGreenSwig Steven L.Swig RichardEskow “The whole people must take upon themselves the education of the whole people and be willing to bear the expenses of it.” – John Adams, 1785 Momentum is building for an exciting “new” idea, one which is in fact far older than...
by Bill Scher | May 7, 2015 | Blog, Conservatism, Economy
In March I asked "Are Republicans Insane Enough To Propose a Balanced Budget?" because balancing the budget in 10 years without any tax increases would mean embracing politically suicidal cuts. The answer: Yes, they are! Republicans not only proposed it, they passed...
by Mary Bottari | May 7, 2015 | Blog, Trade, Trans-Pacific Partnership
New data out today indicates that the U.S. trade deficit has swelled to the highest level in more than six years. This flood of imports robs American workers of jobs and saps the economic recovery. Yet President Obama is escalating pressure on Congress to approve...
by Robert Borosage | May 7, 2015 | Blog, Jobs and Growth
New York Governor Andrew Cuomo, the famous New Democrat who clashed with progressive New York City Mayor Bill de Blasio and blocked his pledge to raise the minimum wage in New York City, now writes in the New York Times that fast food workers need a raise. ...
by Dave Johnson | May 7, 2015 | Blog, Trade, Trans-Pacific Partnership
President Obama is scheduled to visit Nike's Oregon headquarters on Friday to promote the Trans-Pacific Partnership (TPP). Yes, Nike – a company that grew to billions by outsourcing jobs to overseas sweatshops, a company that sets up P.O.-box subsidiaries in tax...
