by Richard Eskow | Jul 9, 2010 | Blog, Economy
President Obama gave a major talk on the economic crisis today. While the choice of Las Vegas for its location might be considered ironic, given the fact that Big Bank gambling created the crisis, there's good news: The President's speech could serve as a blueprint...
by Robert Borosage | Jul 7, 2010 | Blog, Economy, Making it in America
President Obama touted his National Export Initiative this week, boasting that in the first quarter of this year, exports were up 17% from a year ago. Increased exports abroad generate jobs at home. Given the failure of the Senate to pass badly needed jobs bills, the...
by Dave Johnson | Jul 2, 2010 | Blog, Economy
The real jobs and deficit test is coming when the Bush tax cuts for the wealthy expire this year. If Congress lets them expire, deficit fears go away and there will be money to create jobs, maintain and modernize infrastructure, make the nation competitive in world...
by Dave Johnson | Jun 30, 2010 | Blog, Economy, Making it in America
China is cheating again. Yawn... China is subsidizing its paper industry ($33 billion 2002-09) and has tripled their production, and now is the largest producer of paper and paper products. Yawn. This has cost jobs and approximately 400,000 remaining American jobs are...
by Isaiah J. Poole | Jun 29, 2010 | Blog, Economy
It appears that the Senate, which shamed itself last week by refusing to take action on a jobs and tax fairness bill, will have an opportunity to redeem itself somewhat with a vote on extended unemployment benefits. The House attempted to pass by voice vote this...
by Dave Johnson | Jun 29, 2010 | Blog, Economy
The real deficit is jobs. That is one more of those things that everyone can see in front of their faces, but we're told it isn't what it is. There aren't enough jobs, and we're being told this is our fault because we wanted pensions and good wages and vacations and...