by Richard Eskow | Jul 27, 2012 | Blog, Economy
It's truly unbelievable: At no time in modern memory has the privileged class been richer, the middle class more endangered, or the number of people in poverty been so high. And yet the Republican Party, whose leaders are overwhelmingly wealthy themselves, is openly...
by Richard Eskow | Jul 25, 2012 | Blog, Economy
It was a dream come true for the austerity crowd when Great Britain's conservative/"centrist" coalition government took power in 2010. And for commentators like Slate's Anne Appelbaum it was that kind of dream. Her celebratory column reflected the orgiastic glee with...
by Dave Johnson | Jul 25, 2012 | Blog, Economy, Making it in America
Yesterday Labor Secretary Hilda Solis and Communications Workers of America (CWA) President Larry Cohen spoke to a very-well-attended "Bring Jobs Home" rally in San Francisco. The event was organized by the California Labor Federation and the CWA. There was a very...
by Dave Johnson | Jul 20, 2012 | Blog, Economy
On Thursday, Senate Republicans FILIBUSTERED to block a bill ending the tax breaks companies get when they send our jobs out of the country -- and giving a few breaks to companies that hire here. The question now: will this get reported to the public? Will they be...
by Terrance Heath | Jul 19, 2012 | Blog, Economy, Minimum Wage
Scratch the surface of just about any economic debate this election year, and you'll find one issue that goes all the way to the core: the yawning gap between the 1% and the rest of us, as skyrocketing income inequality. A new report from the National Employment Law...
by Radhika Raman | Jul 19, 2012 | Blog, Economy
I have an exercise for you. Don't worry: You can do it at your computer. Think about all the reasons why a multinational corporation would choose to move jobs to another country. Lower labor costs? More efficient and better educated workers? Potential to contribute to...
