by Dave Johnson | Jun 18, 2014 | Blog, Trade
Last week Treasury Secretary Jack Lew (D-CITI) gave a major address on the economy. (Transcript here, video here.) But the biggest fixable factor affecting jobs and the economy wasn't mentioned at all: the trade deficit. In fact, a Google search of "Jack Lew" and...
by Leo Gerard | Jun 17, 2014 | Blog, Democracy
Ketchup king H.J. Heinz Co. announced last week that it's working with Ford to convert tomato waste into auto parts. Now that's an innovative Fusion! In addition, it is further proof that Americans can do anything. They sent a man to the moon and a rover to Mars. They...
by Sam Pizzigati | Jun 17, 2014 | Blog, Economy
The go-to intellectual guardians of our corporate order — those conservative analysts whose op-eds appear regularly in the Wall Street Journal — have a problem. Their defense of plutocracy just isn’t selling. Two events this spring have now put this failure in...
by Dave Johnson | Jun 17, 2014 | Blog, Jobs and Growth
Treasury Secretary Jack Lew (D-CITI) gave a major address on the economy last week at the New York Economic Club. (You can read the transcript orwatch the video.) He called the speech a "chance to discuss some of the challenges and opportunities we face." His speech...
by Dave Johnson | Jun 16, 2014 | Blog, Economy
Here are some depressing statistics: In 2013, CEOs of S&P 500 companies made 331 times as much as their employees. Your average American worker not in a supervisory role made $35,239, while the average CEO made $11.7 million, according to the AFL-CIO Executive...
by Richard Eskow | Jun 16, 2014 | Blog, Jobs and Growth
[fve]http://youtu.be/n1EDpE38-t0[/fve] AFL-CIO President Richard Trumka characterizes his vision of a progressive and populist-oriented labor coalition, not as a modern innovation, but as a return to labor’s roots. In an in-depth interview for The Zero Hour, Trumka...