by Dave Johnson | Feb 3, 2012 | Blog, Economy, Making it in America
The news is just out, the economy added a healthy number of new jobs last month, even with government jobs still declining thanks to austeridiocy. The better news is that there is an accelerating trend. The bad news, no help for the long-term unemployed and the charts...
by Dave Johnson | Feb 2, 2012 | Blog, China Currency Showdown, Economy, Making it in America
This week three new reports described even more continuing damage to our economy caused by China's trade cheating -- and our own lack of response. Even as the auto industry recovers and auto-assembly jobs are returning, the auto-parts industry and jobs are not. The...
by Richard Eskow | Jan 31, 2012 | Blog, Economy
This is the audio clip of an interview I did for The Breakdown this weekend with journalist and author Michael Hudson, who did a terrific piece on GE Capital's mortgage crisis called Fraud and Folly: The Untold Story of General Electric's Subprime Debacle: Hudson's a...
by Robert Borosage | Jan 23, 2012 | Blog, Economy
The following was originally published by Politico ‘This is a defining time for America,” says Mitt Romney. President Barack Obama, he argues, wants to turn America into a “European-like entitlement society” in which “government provides...
by Dave Johnson | Jan 19, 2012 | Blog, Economy, Making it in America
President Obama's Council on Jobs and Competitiveness ("Jobs Council") issued a report calling for fewer regulations and lower corporate tax rates. This doesn't have to be a bad idea. The Report The Jobs Council report, Road Map to Renewal makes a number of...
by Dave Johnson | Jan 17, 2012 | Blog, Economy, Making it in America
The United States is losing ever more jobs and becoming ever less competitive as our universities are cut back and companies move R&D jobs to Asia. We lost 687,000 high-tech manufacturing jobs lost since 2000. Universities cut back 20% on public research. 85% of...
