by Dave Johnson | Feb 20, 2013 | Economy, Minimum Wage, The Sequester
In just over a week the government is probably going to enter full-scale austerity. Republicans are refusing to end tax loopholes for big corporations and billionaires, choosing to let the "sequester" occur instead. Unless something changes, and soon, $1.2 trillion in...
by Dave Johnson | Feb 19, 2013 | Economy, Minimum Wage
You may have seen the charts showing how working people's wages stopped going up along with productivity gains: Update: I am adding this chart of productivity gain and wages, from EPI's The wedges between productivity and median compensation growth: This means the...
by Robert Borosage | Feb 19, 2013 | Economy, The Sequester
Congress is taking this week off on the first of their spring breaks. The legislators will return to find only four days left before the first of the Republican Congress’ austerity bombs – the deep automatic cuts in government spending known as the sequester – is set...
by Bill Scher | Feb 13, 2013 | Climate, Economy
As I discussed yesterday, David Leonhardt of the New York Times counseled President Obama to drop using green jobs as a selling point for address climate change. Thankfully, last night Obama did not listen. Obama made clear that tackling the climate crisis can be...
by Roger Hickey | Feb 13, 2013 | Chained CPI, Economy
With tonight’s State of the Union address, President Obama attempted to refocus his new second term with a focus on jobs and supporting the middle class. He clearly wants to stop talking about deficits and debt and start talking about reviving the economy for...
by Bill Scher | Feb 12, 2013 | Climate, Economy
Expectations are high for President Obama to get specific about his second-term plans to protect the climate, particularly regarding plans to bypass Congress and use the EPA's authority to further reduce greenhouse gas pollution. The appeal is obvious: no need to...
