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...
by Dave Johnson | Feb 2, 2012 | Blog, China Currency Showdown, Economy, Making it in America
This week three new reports described even more continuing damage to our economy caused by China's trade cheating -- and our own lack of response. Even as the auto industry recovers and auto-assembly jobs are returning, the auto-parts industry and jobs are not. The...
by Robert Borosage | Feb 2, 2012 | Blog
The following statement is in response to the newly introduced Republican bill that would block the automatic military spending cuts that are now part of the 2010 deal to increase the debt limit. Republicans believe bloated Pentagon budgets strengthen American...