by Robert Borosage | Apr 13, 2011 | Blog, Economy
The President got big things right in his budget speech. He defended Medicare and Medicaid against the Republican effort to end them, and pushed accurately for reforming our health care system, not simply shifting costs to seniors and the disabled. He defended Social...
by Dave Johnson | Apr 12, 2011 | Blog, Economy
Cuts are all the rage now in Versailles D.C. They cut taxes for the rich (again), then to pay for the tax cuts they cut the things We the People (government) do for each other. No one is mentioning what all of this will do to the economy and jobs. Jobs and the economy...
by Dave Johnson | Apr 6, 2011 | Blog, Economy
Who is our country for? Is this a country for We, the People, where all of us are banded together to protect and empower each other, together? Or is this a country where a powerful few reap all the benefits, and the rest of us are little more than "the help?" That is...
by Bill Scher | Apr 5, 2011 | Blog, Economy
With Congress furiously negotiating as the clock ticks towards government shutdown, the focus of the 2011 budget talks is almost all on how much spending to cut -- precisely what our job-starved economy doesn't need right now. But now that House Budget Chair Paul Ryan...
by Alan Jenkins | Apr 4, 2011 | Blog, Economy
New job numbers released last Friday by the Bureau of Labor Statistics included some welcome news. The national unemployment rate dropped to a two-year low of 8.8% in March, with an increase of 216,000 non-farm payroll jobs. President Obama is rightly touting the...
by Richard Eskow | Apr 1, 2011 | Blog, Economy
I think Alonya was suggesting at the end that I was being a downer about those job figures ... I believe the current slang term for that kind of thing is "buzz kill." Oh, well! For a change, all of the political negativity coming from my general vicinity was directed...