by Dave Johnson | Feb 19, 2015 | Blog, Financial Reform, Jobs and Growth
Contract talks between the American Postal Workers Union (APWU) and the U.S. Postal Service for a new contract start Thursday. Along with asking for fair wages and benefits, the APWU wants improvements in customer services, including postal banking. “There are two...
by Richard Eskow | Feb 19, 2015 | Blog, Economy
We talk a good game about opportunity in this country, but here are three signs that we're failing to provide young people a fair shot at prosperity. Sign #1: People typically achieve most of their earnings gain in the first 10 years of employment. A new study from...
by Terrance Heath | Feb 18, 2015 | Blog, Climate, Conservatism
On Monday, a tanker train carrying more than 3 million gallons of oil derailed in Fayette County, West Virginia, just outside of Montgomery. Nineteen tanker cars, each carrying up to 30,000 gallons of crude oil, left the track and caught fire, setting off an explosion...
by Robert Reich | Feb 18, 2015 | Blog, Economy, Jobs and Growth, Trans-Pacific Partnership
Suppose that by enacting a particular law we’d increase the U.S.Gross Domestic Product. But almost all that growth would go to the richest 1 percent. The rest of us could buy some products cheaper than before. But those gains would be offset by losses of jobs and...
by Dave Johnson | Feb 18, 2015 | Blog, Trade
The Interfaith Working Group on Trade and Investment – representing Quaker, Jewish, Protestant and Catholic organizations, Catholic sisters and clergy – has joined the opposition to "fast track" trade promotion authority that corporate groups and President Obama are...
by Richard Eskow | Feb 18, 2015 | Blog, Conservatism, Economy
Cultural references may seem frivolous in the face of a financial crisis, but the Eurozone's Greek crisis is at least as much cultural as it is economic in nature. It's partly an anthropology problem: Europe's negotiators are under the spell of a German-driven...