by Dave Johnson | Dec 21, 2011 | Blog
Today's GDP report shows slow growth. It isn't declining growth so technically is not a recession, but not enough growth to lead to job gains. U.S. Economy Grew at a 2% Rate in the Third Quarter, The United States economy grew at an annual rate of 2 percent in the...
by Dave Johnson | Dec 21, 2011 | Blog
In the day-to-day news about trade problems with China the bigger picture can get lost. America is giving up its competitive position in industries of the present and future and it is costing us. Even the people you would think would defend "free trade" are coming to...
by Mary Bottari | Dec 21, 2011 | Blog, Financial Reform
On Monday, Bank of America (BofA) stocks briefly traded for under $5. Yes, you could buy a share of BofA for less than the noxious debit card fee they tried to force down your throat. BofA is massive, with assets equivalent to 15 percent of U.S. GDP. So why is it...
by Richard Eskow | Dec 21, 2011 | Blog
The President has adopted the language of the 99%, and it's paying off for him. He's surged from a position slightly behind Mitt Romney in last month'sCNN polling to a 52%-45% lead against the Republican this week. While other factors were involved, his new rhetoric...
by Terrance Heath | Dec 21, 2011 | Blog
Sometimes my brain finds connections the strangest, seemingly most disparate stories among the many I read online every day. Two years ago, I wrote a rather longish blog post titled "Reclaiming 'We'." It was partly inspired by NY Times columnist Thom Friedman's...
by Robert Borosage | Dec 21, 2011 | Blog
The following was written by Robert Borosage and Roger Hickey. House Republicans have left no doubt: all they want is economic pain for political gain. Instead of accepting the bipartisan Senate bill, passed 89-10, to extend the payroll tax cut for a few months so a...
