by Robert Borosage | Jan 10, 2014 | Blog
For December, the Bureau of Labor Statistics (BLS) reports that the economy added an unexpectedly low 74,000 new jobs in December, while the unemployment rate declined from 7.0 to 6.7 percent, largely because of people dropping out of the labor force. The jobs number...
by Leo Gerard | Dec 10, 2013 | Blog
Witch hunter Joseph McCarthy would be proud of ALEC. So proud! Like McCarthy, the shadowy corporate lobby group wants oaths of allegiance. McCarthy demanded loyalty pledges to the United States. ALEC, by contrast, wants its lawmaker members to vow first allegiance to...
by Dave Johnson | Nov 15, 2013 | Blog
How many times have you read or heard in the news something along the lines of "a new report from the Institute of Free Markets and Liberty finds that giant corporations and billionaires create jobs if given tax cuts," or how about your classic "Toxic Sludge Is Good...
by Richard Eskow | Nov 14, 2013 | Blog
Janet Yellen went to Capitol Hill today to be interrogated by some senators about the kind of job she plans to do once she's confirmed as Chair of the Federal Reserve. Many politicians expect little from the Fed because they think it has less power and flexibility...
by Dave Johnson | Nov 14, 2013 | Blog
The US Census Bureau's Bureau of Economic Analysis released the latest monthly U.S. trade figures this morning. And we have a winner -- September's $30.5 billion monthly goods trade deficit with China sets a new record. Also in September, the overall U.S....
by Bill Scher | Nov 14, 2013 | Blog
As you have surely heard, the first set of Obamacare enrollment numbers have been released. Unsurprisingly because of the federal website problems, the numbers are lower than initially anticipated. Though there are notable bright spots. Applications have been...
