by Dave Johnson | Aug 11, 2010 | Blog, Economy, Making it in America, Minimum Wage
In the news today, a familiar story: imports increased, exports declined. About $50 billion in one month alone. The trade gap isn't just costing jobs, it's a significant factor in the slow recovery as well. See below. In 2005, when we were halfway down to where we...
by Robert Borosage | Aug 11, 2010 | Blog, Economy, Making it in America
The following was originally published by Politico. These days, Republicans can’t suppress the gloat. The “Party of No,” leading in most polls, is said to be on the verge of taking the House and possibly the Senate in November. The irrepressible Rep. Paul Ryan...
by Bill Scher | Aug 10, 2010 | Blog, Economy
The House this afternoon moved legislation to the President's desk providing aid to fiscally distressed states that would save an estimated 319,000 jobs, including public school teachers, firefighters, police officers and private
by Leo Gerard | Aug 10, 2010 | Blog, Economy, Making it in America
Red, as in furiously red, defined the day last fall when a consortium of companies announced it wanted $450 million in U.S. stimulus money to build a wind farm in Texas, creating 2,000 jobs in China and 300 in America. Now, nine months later, things have cooled down...
by Bill Scher | Aug 6, 2010 | Blog, Economy
In the Reality-Based Community, the disappointing job reports are evidence we need our government to do more to get the economy on sound footing. In Conservative Fiction Land, the disappointing jobs reports are evidence we need to go back to the policies that gave us...
by Dave Johnson | Aug 6, 2010 | Blog, Economy
The economy is stuck. We need jobs, jobs, jobs, jobs, jobs, jobs jobs, jobs, jobs, jobs. Not tax cuts. The government released the July Employment Situation Summary and it isn't great. First, in context, before the stimulus we were losing 800,000 jobs a month. The...