by Richard Eskow | Mar 14, 2013 | Back to Work Budget, Economy
Last night I returned from a nearly month-long trip to Africa. It’s profoundly unsettling to suddenly find oneself immersed in a primitive and superstitious culture – a culture dominated by taboos and rituals, a culture whose primitive beliefs could lead to its...
by Richard Long | Mar 14, 2013 | Economy, Making it in America
California Representative John Garamendi held a conference call today to build support for H.R. 949, The Invest in American Jobs Act of 2013, with the Campaign for America’s Future’s Robert Borosage and Dave Johnson. This bill, introduced last week, has bipartisan...
by Dave Johnson | Mar 12, 2013 | Economy, Minimum Wage
Buried in the "pleasant surprise" (NPR) of Friday's "stunning" (USAToday) February jobs report were some numbers that better-reflect the reality of America's declining middle class. Things are pretty bad when you call 7.7% -- and that due to people giving up on...
by Dave Johnson | Mar 11, 2013 | Economy
Senator Sheldon Whitehouse (D-RI) and U.S. Representative David Cicilline (D-RI) announced today the introduction of the Offshoring Prevention Act. Like last year's Bring Jobs Home Act - filibustered by Senate Republicans - this bill eliminates a special tax break for...
by Isaiah J. Poole | Mar 8, 2013 | Economy, The Sequester
One of the consequences of the federal spending sequester now in place is that $4 billion is being cut this year from transportation and infrastructure programs, according to House Transportation and Infrastructure Committee ranking member Rep. Nick Rahall, D-W.Va.,...
by Robert Borosage | Mar 8, 2013 | Economy
Today's employment report from the Bureau of Labor Statistics – an additional 236,000 jobs in February with unemployment edging down to 7.7 percent – reveals an economy that keeps chugging along against rising headwinds. Most of the growth was in services, with...
