by Isaiah J. Poole | Feb 3, 2012 | Blog, Economy, Minimum Wage
On Wednesday the House voted to extend a two-year federal worker pay freeze an additional year. These workers, instead of getting a raise at the end of 2012, will have to wait until the end of 2013. (The House vote and our analysis is posted on our sister site,...
by Dave Johnson | Feb 3, 2012 | Blog, Economy, Making it in America
The news is just out, the economy added a healthy number of new jobs last month, even with government jobs still declining thanks to austeridiocy. The better news is that there is an accelerating trend. The bad news, no help for the long-term unemployed and the charts...
by Jeff Bryant | Feb 3, 2012 | Blog, Education
Although it's a bit early to know for sure, let's hope that 2012 is the year that the economic policies known as "austerity" finally crashed and burned. Nobel Prize-winning economist Paul Krugman is certainly ready to bid adieu to austerity, writing in The New York...
by Terrance Heath | Feb 2, 2012 | Blog
MItt Romney is taking a lot of heat for saying that he's "not concerned about the very poor." To be fair, he also said he's not concerned about the very rich either. Lucky for him the feeling isn't mutual that that side of the economic divide. According to recent FEC...
by Richard Eskow | Feb 2, 2012 | Blog
Last week Republican Mitch Daniels once again pushed the "means testing" argument against Social Security, saying that we can no longer "afford to send millionaires pension checks" or "pay medical bills for even the wealthiest among us." Daniels even appropriated...
