by | May 11, 2012 | Blog, Economy
Well, it's Springtime in DC. Time for the Peter G. Peterson Foundation's annual event. The Fiscal Summit, to be held on May 15, better named the Fiscal Cesspool of distortions, half-truths and lies, is a propaganda extravaganza designed to maintain and strengthen the...
by Terrance Heath | May 9, 2012 | Blog, Economy, Minimum Wage
Last month, blogs were abuzz about recent studies suggesting that wealth reduces compassion — that increasing wealth corresponds with decreasing empathy for others. That's gotta be one of the reasons Mitt Romney — one of the the richest people to run for president in...
by Isaiah J. Poole | May 7, 2012 | Blog, Economy, Minimum Wage
As the political establishment prepares to do battle Friday over what is likely to be another mediocre jobs report, talk-show host Tavis Smiley this afternoon called for a living-wage jobs program as part of an all-out offensive against poverty in America. "What we...
by Isaiah J. Poole | May 4, 2012 | Blog, Economy
The economy produced only an additional 115,000 jobs in April, with the unemployment rate going down to 8.1 percent only because some 342,000 people dropped out of the labor force. This is, as co-director Robert Borosage says in his media statement today, not a...
by Dave Johnson | May 1, 2012 | Blog, Economy
The path to creating millions of jobs is so easy and obvious. Hire people to modernize the infrastructure and to retrofit buildings to be energy efficient. Millions would be paying income taxes instead of receiving unemployment or food stamps. The companies that...
by Dave Johnson | Apr 30, 2012 | Blog, Economy
President Obama spoke today at the AFL-CIO's Building and Construction Trades Department Legislative Conference in Washington, asking Republicans to stop blocking infrastructure and transportation projects. (See transcript here.) These projects would immediately...
