by Terrance Heath | Dec 10, 2012 | Blog, Economy, Minimum Wage
Apparently, the "fiscal cliff" is no cliffhanger. Howard Kurtz writes that Americans are "tuning out" the "fiscal cliff" debates in Washington because "the players haven’t gotten serious," about making a deal. Maybe it's because we know a "made for TV drama" when we...
by Dave Johnson | Dec 5, 2012 | Blog, Economy
What happened to jobs? The pubic wants government to do something about jobs and getting the economy moving, and in DC the only thing is this weird argument about … anything but jobs and getting the economy moving! "Fiscal cliff?" What about jobs? Fixing the...
by Richard Eskow | Dec 4, 2012 | Blog, Economy
Who are the real "job creators"? Contrary to conventional wisdom, the answer seems to be: People who have jobs - particularly those which pay well. Well-paid employees buy things, and that creates jobs for other people. And what creates those kinds of jobs? A...
by Dave Johnson | Dec 3, 2012 | Blog, Economy
There is a little-discussed proposal that was introduced into the "fiscal cliff" discussions by the CEOs of the "Fix the Debt" campaign. This is for a “Territorial Tax System" idea that lets multinational companies off the hook for taxes on offshore profits. This plan...
by Sam Pizzigati | Dec 2, 2012 | Blog, Economy
How much can a billion dollars buy? The undivided attention of America's entire political and chattering classes. Case in point: our ongoing national fixation on debt and deficit. Down through the millennia, single individuals have changed the course of history, some...
by Robert Borosage | Nov 27, 2012 | Blog, Economy
Senator Dick Durbin, Senate Majority Whip and one of President Obama’s closest allies, laid out his principles for a deal in the current fiscal showdown today in a speech at the Center for American Progress. The nuanced speech was a revealing mixture of common sense...