by Terrance Heath | Jan 3, 2011 | Blog, Economy
Earlier this week, I made a case for an investment agenda for America. Now, a report from The Working Poor Families Project has underscored the urgent need for an economic agenda based on investing in the American people and preparing our workforce not just to compete...
by Sam Pizzigati | Jan 2, 2011 | Blog, Economy
A widely overlooked provision in last month's tax cut deal is going to speed even more wealth to America's Paris Hilton set. Brace yourselves, young people. In 2011, you figure to face a real stinker of a year. Those of you attending America's budget-strapped public...
by Sam Pizzigati | Dec 19, 2010 | Blog, Economy
They came, they saw, they took it all. Welcome to the world where thieves have no honor and those most honored — with lavish rewards — hone their talents hammering the rest of us. Hard times can be good times — for the aggressively avaricious. Where others see pain,...
by Robert Borosage | Dec 17, 2010 | Blog, Economy
From naked capitalism.com: "Given its degree of inequality, if New York City were a nation, it would rank 15th worst among 134 countries with respect to income concentration, in between Chile and Honduras. Wall Street, with its stratospheric profits and bonuses, sits...
by Robert Borosage | Dec 16, 2010 | Blog, Economy, Making it in America
The president kicked up his "corporate charm offensive," meeting for hours with 20 CEOs yesterday. Characteristically, he started with an apology for not "finding the right balance" in addressing business. "We want to be boosters," he said, because "when you do well,...
by Terrance Heath | Dec 14, 2010 | Blog, Economy
Unless something drastic happens between now and the vote on President Obama's tax-cut "compromise" with congressional conservatives, America is headed for its next failed conservative stimulus. Even with the proposed tweaking around the edges, there is...