by Robert Borosage | Dec 11, 2013 | Budget Talks, Economy
The Beltway breathed a huge sigh of relief with the announcement of the budget deal cobbled together by Senator Patty Murray and Rep. Paul Ryan. It is the deal, not the substance, that is being applauded. If it overcomes opposition from a hostile right and largely...
by Thom Hartmann | Dec 10, 2013 | Economy, Financial Reform
Regulators want to start making banking boring again. Today, five different regulatory agencies are expected to adopt the Volcker Rule, which would redraw a line between regular banking and Wall Street gambling. The rule is one of the centerpieces of the Dodd-Frank...
by Digby | Dec 10, 2013 | Economy, Making it in America, The Jobs Challenge
A nasty little Google boy gets mad and says what he really thinks: "Why don't you go to a city that can afford it? This is a city for the right people who can afford it. You can't afford it? You can leave. I'm sorry, get a better job. It's time for you to leave. "...
by Terrance Heath | Dec 6, 2013 | Budget Talks, Conservatism, Economy, Minimum Wage
Despite the excitement over the latest jobs report, it’s too soon to celebrate. Millions of Americans are still struggling with long-term unemployment and hunger. Now is not the time to abandon them. Democrats, in particular, shouldn’t be fooled. A good-but-not-great...
by Digby | Dec 5, 2013 | Economy, Progressive Vision
I'm sure there is much weeping and wailing and rending of garments in the corridors of Third Way and Fix the Debt today: President Obama gave a nice speech today about income inequality --- and he didn't mention cutting "entitlements" even once. And he didn't express...
by Joshua Holland | Dec 5, 2013 | Conservatism, Economy, Unemployment Benefits
Study: Unemployment Benefits Don’t Discourage People from Finding Work (via Moyers & Company) A new study shows that even generous unemployment benefits have zero impact on people’s drive to go out and find a job. The multinational study, conducted by Jan...
