by Robert Borosage | Jul 9, 2014 | Blog, Economy, Populist Majority
Over at the Washington Post, the usually sensible Greg Sargent endorses the notion that divisions among Democrats are “mostly trumped up.” The tension between the Wall Street wing of the party and the Warren (as in Elizabeth) wing is an overblown fiction of a press...
by Isaiah J. Poole | Jul 7, 2014 | Blog, Economy, Tax Reform
Fortune Magazine is out with its list of "Top American corporate tax avoiders," members of the S&P 500 that "sure seem American—except when it comes to paying taxes." These are companies that even a top cheerleader for the corporate class can't bring itself to defend....
by Thom Hartmann | Jul 7, 2014 | Economy
The denial of fundamental economic principles is setting the world up for another Great Crash. Although wages have been flat or declining since the West started following Thatchernomics and Reaganomics in the late '70s and early 1980s, the stock market has risen to...
by Richard Eskow | Jun 30, 2014 | Blog, Economy, Gender Justice
The Prime Minister of Morocco recently compared women to “lanterns” or “chandeliers,” saying that “when women went to work outside, the light went out of their homes.” His remarks, which ran counter to Morocco’s constitutionally-guaranteed rights for women, promptly...
by Terrance Heath | Jun 27, 2014 | Economy, Jobs and Growth
Washington is wading into another debate over extending unemployment insurance benefits. Meanwhile, millions of jobless Americans are waiting for our elected leaders to finally get around to focusing on jobs. Donna McDonald, of Chicago, Illinois is one of those...
by Richard Eskow | Jun 27, 2014 | Blog, Economy
A lot of people know the old quote which says “predicting is hard, especially about the future.” Granted, everybody gets it wrong sometimes, but this time our economists were really wrong. We were told the economy grew slightly in the first quarter of this year. Now,...