by Dave Johnson | Jan 2, 2013 | Economy
Congress and the media paid homage to the agenda of the billionaires and Wall Street, with the manufactured "fiscal cliff" PR campaign frenzy that just ended. So now can we get back to the country's priorities? Can we talk about jobs now? Jobs Fix Deficits Now that...
by Robert Borosage | Jan 1, 2013 | Economy, Minimum Wage, The Sequester
Early this morning, the Senate passed the fiscal cliff deal by 89-8, a margin virtually guaranteeing that it will survive in the House. The deal has some good parts. It lets the Bush tax cuts expire on the wealthy, raises the estate tax marginally and increases...
by Isaiah J. Poole | Dec 19, 2012 | Blog, Economy, Minimum Wage
One of the most maddening features of the current fiscal cliff/fiscal swindle debate is that the chattering class rarely acknowledges the people who have already fallen off the cliff: 5 million Americans who have been unemployed for more than 27 weeks. The roughly 7...
by Sam Pizzigati | Dec 17, 2012 | Blog, Economy, Minimum Wage
Some of today's most greedy are running giant multinationals. Some are just running their mouths. Their stories remind us just how much needs to change, economically and politically, in the year ahead. The essence of greed? Simple. Greed amounts to taking more than...
by Robert Borosage | Dec 14, 2012 | Blog, Economy
Wisconsin, Ohio, Indiana, Michigan -- Republicans continue their assault on unions and worker solidarity – and America’s middle class gets mugged. Corporate profits are at the highest % of GDP on record; worker wages are at the lowest % ever. And now the...
by Richard Eskow | Dec 13, 2012 | Blog, Economy
Michigan's recent battle makes this a good time to explain the union movement's important role in our economy's overall health. We're about to explain why today's war on unions is bad for all of us, no matter what we do for a living, and we'll do it in four steps. But...