by Robert Borosage | Dec 15, 2011 | Blog, Economy
Democrats are salivating -- or as Rachel Maddow put it -- cheering, screaming, crying -- at the prospect of former House Speaker Newt Gingrich becoming the Republican presidential nominee. And why not? Gingrich, conservative George Will writes, "embodies the vanity...
by Isaiah J. Poole | Dec 14, 2011 | Blog, Economy
Congress could this week enact legislation, if it chose to, that would create more than 5 million jobs in the economy over the next two years. That works out to more than 208,000 jobs a month, well above the average of 132,000 jobs a month that have been created over...
by Robert Borosage | Dec 13, 2011 | Blog, Economy, Minimum Wage
When Newt Gingrich maligned our "truly stupid" child labor laws and suggested that children 14 and under be put to work cleaning their schools, he sparked the outrage the former House speaker relishes. Less attention was paid to the other casualty of his proposition:...
by Sam Pizzigati | Dec 12, 2011 | Blog, Economy
Financial industry insiders are grousing about a big downturn in annual bonuses. They should be thanking the rest of us — bombshell new research shows — for their continuing awesome good tidings. Wall Street’s power suits aren’t humming along, this December, with all...
by Sam Pizzigati | Dec 11, 2011 | Blog, Economy
One puts on football pageants. Another makes millions on a virtual farm. From Too Much, the Institute for Policy Studies inequality weekly, we present the year's ten most avaricious. All ten remind us just how much needs to change, economically and politically, in...
by Richard Eskow | Dec 4, 2011 | Blog, Economy
Some politicians are saying that the latest unemployment report is good news, but it's not. It shows us that this country is still in crisis. It shows us that the government needs to act quickly and aggressively to create jobs, and to restore the lost earning power of...