by Robert Borosage | Oct 1, 2012 | Blog, Economy
As Wednesday’s presidential debate approaches, the pundits are starting to handicap the event. There’s much talk about the horse race: Romney needs a knockout; Obama has to avoid a big mistake. Much talk about styling: Romney is practicing zingers; Obama is too...
by Isaiah J. Poole | Oct 1, 2012 | Blog, Economy
In the wake of an anemic jobs report that his Republican challengers are laying at his feet, President Obama could rightly respond that if he could have signed into law a jobs plan along the lines of what the House Progressive Caucus has proposed for the past two...
by Dave Johnson | Oct 1, 2012 | Blog, Economy
Want jobs? Here's how. Jobs have been on the agenda for some time. Republicans filibustered both (and are campaigning that there are no jobs). If you are reading, hearing or watching a report covering jobs and/or the campaign that does not include this information,...
by Robert Borosage | Oct 1, 2012 | Blog, Economy
The August job numbers -- a disappointing 96,000 net new jobs for the month – only reinforce the need for greater action on jobs. At this rate, new job creation is not sufficient to cover the people coming into the jobs market. Worse, the economy faces severe hurdles...
by Robert Borosage | Oct 1, 2012 | Blog, Economy, The Sequester
Last week, Federal Reserve Chair Ben Bernanke announced a dramatic new commitment of the Fed to keep long term interest rates low in the hope of boosting employment and economic growth. In doing so, Bernanke issued a wake up call to the Congress and to both...
by Terrance Heath | Oct 1, 2012 | Blog, Economy
In my previous post this morning, I noted that the U.S. is starting to look a lot like Greece, at least in terms of austerity-driven suicides. This week, Greece's austerian nightmare seems to have metastasized into a full-fledged tragedy. Thousands of Greeks who still...