by Bill Scher | Nov 22, 2010 | Blog, Economy
Republicans were triumphant in this year's election in part by arguing they would do a better job at creating jobs. But what have they been prioritizing since they won? What are they actually proposing to do now? Here are the biggest actions Republican have taken...
by Dave Johnson | Nov 19, 2010 | Blog, Economy, Reagan Revolution
Washington is inundated with deficit commissions. The country has piled up a huge debt because we cut taxes for the wealthy and borrowed to make up the difference. But everyone says we can't fix the problem by raising taxes on the rich in a recession because taxes...
by Bill Scher | Nov 15, 2010 | Blog, Economy
On the day before Congress reconvened in Washington, in the middle of a continuing job crisis, Republicans took to the Sunday talk show airwaves and ... had no ideas what to do about creating jobs. This is not terribly shocking. There have been no actual job creation...
by Dave Johnson | Nov 15, 2010 | Blog, Economy
What is the matter with people in Washington and New York? There is obviously a jobs emergency and they're talking about deficits -- and in the middle of a frenzy of worrying about deficits they are talking about cutting taxes for the rich! ?? And, to make matters...
by Dave Johnson | Nov 11, 2010 | Blog, Economy, Reagan Revolution
The recession ended in June, 2009? What? Seriously? No one told the millions of unemployed. And last week we got more bad news: 44 million of us living in poverty, and that was last year, before unemployment and COBRA subsidies started running out for the unemployed,...
by Dave Johnson | Nov 11, 2010 | Blog, Economy, Minimum Wage, Reagan Revolution
To lift the economy, we have to lift wages. Increased wages will restore demand. The changes that will increase wages will help restore democracy. The social contract used to be that citizens in our democracy share the benefits of our economy through increased wages...