by Sam Pizzigati | Oct 5, 2014 | Blog
Imagine yourself part of the typical American family. Your household would have, the Federal Reserve reported last month, a net worth of $81,200. Not much. But 50 percent of America’s households would actually have less wealth than you do. The other half would have...
by Dave Johnson | Oct 3, 2014 | Blog, Trade
The public is finally "getting it" about these one-way trade agreements. They were sold to us as "job creators," but the record is the reverse. They have cost jobs and increased the trade deficit (which is a metric for jobs) in every instance. This is because these...
by Dave Johnson | Oct 3, 2014 | Blog, Trade
Another $40 billion leaked out of our economy in August, taking jobs, factories and living standards with it. The U.S. Commerce Department reported that America's monthly goods trade deficit in August was $40.1 billion, down from $40.3 billion (revised from $40.5...
by Robert Borosage | Oct 3, 2014 | Blog, Jobs and Growth
Today’s September jobs report provides a sober corrective to President Obama’s forceful speech on the economy yesterday. The president claims a “new foundation” for growth has been put in place. The jobs numbers report a continued recovery – 248,00 new jobs, with the...
by Dave Johnson | Oct 3, 2014 | Blog, Trade
October 3 is Manufacturing Day! "MFG DAY addresses common misperceptions about manufacturing by giving manufacturers an opportunity to open their doors and show, in a coordinated effort, what manufacturing is — and what it isn’t. By working together during and after...
by Richard Eskow | Oct 3, 2014 | Blog, Progressive Vision
In the summer of 2013 Bill de Blasio was a long-shot contender in the New York mayor’s race. Less than two months before the crucial Democratic primary, de Blasio was in fourth place. To make the odds even worse, the city’s power brokers were lined up behind another...