by Digby | Nov 26, 2012 | Blog, The Sequester
Just this: You’ve heard the story many times: Supposedly, any day now investors will lose faith in America’s ability to come to grips with its budget failures. When they do, there will be a run on Treasury bonds, interest rates will spike, and the U.S. economy will...
by Dave Johnson | Nov 26, 2012 | Blog
The term "fiscal cliff" is a one-sided propaganda phrase that misinforms and triggers public fear and anxiety. The fiscal cliff is not a "cliff" and the country isn't going to fall off anything at the end of the year. Journalists: don't help the misinformers -- don't...
by Richard Eskow | Nov 21, 2012 | Blog
Macy's is sponsoring a big holiday-season event in which empty but glittery baubles are filled with hot air and sent heavenward, then dragged through the streets before cheering and unthinking crowds. You can't miss it: Breathless reporters will devote massive amounts...
by Dave Johnson | Nov 21, 2012 | Blog
Happy Thanksgiving in corporate-owned America. Walmart workers are preparing for "Black Friday" actions nationwide as the company continues to drive wages and benefits down. And Thanksgiving-day-parade-company Macy's CEO is standing with Donald Trump at the same time...
by Bill Scher | Nov 20, 2012 | Blog, Economy
A new advertising campaign from three major unions is targeting key congresspeople with a clear message: the way to reduce the deficit is by "creating jobs and growing our economy" not by "cutting programs that families rely on most."...
by Dave Johnson | Nov 20, 2012 | Blog, Minimum Wage
You've probably heard that Hostess is closing down and putting more than 18,000 people out of work because greedy unions asked for too much. It's a lie. Ask yourself this: are the problems in our economy because working people get too much, or too little? And if this...