Low-income families weren’t the only ones hurt by cuts to food stamps last fall. Top Walmart executives also took a hit. But Walmart’s board rejiggered bonus criteria so executives could reap “performance” payouts, at taxpayer's expense.
The White House has often been unwilling or unable to explain why additional spending is necessary to heal the economy – especially bad news for Democrats who'll have to face the voters in November.
Democrats are remarkably unified behind the jobs and inequality agenda the president ticked off in his State of the Union address. But beneath this surface calm, there is a growing divide within the Democratic Party.
Free trade is not always a win-win proposition. It can be win-win under some circumstances, but it can also be a losing proposition under other circumstances. For the United States, the latter has too often been the case.
Elites believe that all that matters is that the possibility exists for someone to get rich. After all, that's their highest value, so it must be that for everyone. But acquiring great wealth isn't the holy grail for most people.
Economic inequality doesn't just happen. It's manufactured through bad economic policies that make the rich even richer. That can change, if our president lays out a bold and aggressive economic agenda to reverse these policies.
Economic inequality is a major threat to human progress. Eighty-five people control the same amount of wealth as half the population of the world. This gives a few people too much power.
Congress this week assaulted the jobless in two ways – by leaving Washington without reviving long-term jobless benefits that expired last month and by passing a budget that does virtually nothing to boost job creation.
Back in 1986, leaders of the US, Canada and Mexico sold the North American Free Trade Agreement to the public as an economic win-win for all parties involved. Twenty years later, we can test how those claims panned out in the real world.
Congress is back, but that doesn't mean Republicans are ready to get to work. Senate Democrats have scheduled a test vote to restore unemployment insurance, but Republicans won't approve an extension without something in return.
Democrats now sound like populists. President Obama calls economic inequality our "defining challenge." De Blasio won in New York City on a populist program. But a warning: Without a jobs message, conservative populism can win.
The fight to extend unemployment insurance may not be quite done yet. Even the misanthropic Republicans are subject to the pressure from normal people not to be cruel and ungenerous, especially at Christmas time.
Three days after Christmas, 1.3 million Americans will lose their unemployment benefits. And, another two million will stop receiving assistance if Congress doesn’t extend long-term benefits by June. Our nation […]
Hard work, smart planning and perseverance made 2013 a year of inspiring fair-trade activism. This sets the stage for the most important fights on globalization and “trade” in decades, beginning in a few short weeks.
Forcing people off of unemployment insurance does not result in these people becoming employed, as all the Republicans insist will happen. Instead, they simply fall off the grid and have no discernible income at all.
... introduces a very useful piece of legislation. Now, employers may very well find ways to use this information anyway. But at least it's a consciousness raising exercise that could affect some corporations. This is good stuff.
We are this close -- this close! -- to losing our democracy to the mercenary class. So close it’s as if we’re leaning way over the rim of the Grand Canyon waiting for a swift kick in the pants.
It's a tiny deal, which is always better than a big deal when you're dealing with these Republicans. But large spending cuts remain the bipartisan objective of the budget as far as the eye can see.
A nasty little Google boy gets mad and says what he really thinks: "This is a city for the right people who can afford it. You can't afford it? ... It's time for you to leave."
Congress is again fighting over the budget with Republicans demanding cuts in federal employee benefits. Is this really about the budget? Or is it about destroying government? Meanwhile hundreds of billions of taxes owed remain uncollected.
The budget conference committee meets this week to hammer out a "bipartisan compromise," before kamikaze conservatives” pull the economy into another nosedive. CBO Director Doug Elmendorf has some advice:
Underfunded OSHA can’t effectively shield workers or whistleblowers. It’s a soleless safety boot – fine on the surface but not serving its purpose. As a result, it’s not safe at work and not safe reporting dangers at work.
The American people pay a similar amount for social services as citizens of European countries with supposedly lavish social safety nets. But there are two significant differences.
The Trans Pacific Partnership could have a dramatic impact on the American people, yet we're being kept in the dark about what it contains. Thankfully, some groups are standing up for our right to know the details of this trade deal.
It's nice to think that you can plan everything properly, make the right decisions, be smart, be successful. But you just don't know when life is going to toss you a curve ball that sets you off on a totally different course.
Can the GOP craft an economic message that keeps white working class voters in the fold, and attracts voters of color? It can be done. But can Republicans do it? The future of Republican party may depend upon it.
It's no longer just an expression – the rich are getting richer, and the rest of us are being shut out of the game. A new report says that the top 10% took home more than half of all the income in 2012. More than 20% went to the top 1%.
Family has become a new national safety net for graduates facing declining job prospects and rising student loan debt, families facing unemployment, and older adults whose forced them to move in with their grown children.
In a watershed moment in labor history, the AFL-CIO has decided to expand its membership to include all groups working to organize workers. “It’s time to turn America right side up!” President Richard Trumka declared at the union's annual convention.
After decades of seeing their incomes shrink, those at the bottom of the economic ladder are starting to band together and fight back — and it’s one of the most important economic stories of our time.
Capitol Hill should adopt the prevailing perspective of Capitol View: Now isn’t the time to cut the supports the economy needs to grow again and working-class people need to get back on their feet.
The President visits Chattanooga today to continue to promote his job-creation campaign. But Amazon? Really? Why is President Obama using Amazon to tout his ideas for job creation? President Welcomed […]
Barack Obama said in a speech last week that America should invest in itself and build out from the middle class. His ideas so frighten Republicans that they’re threatening to wreck the U.S. economy.
Last week President Obama gave a speech at Knox College in Illinois in which he announced plans to return his focus to the economy. The agenda he outlined centered on […]
The President is pushing a jobs agenda to grow the economy “from the midddle out.” Insider DC is mocking him because the ideas — infrastructure, American manufacturing, fund our schools […]
In a speech delivered at Knox College in Illinois, President Obama launched his final campaign: a campaign to revive the American Dream. The speech, less eloquent and windier than the best […]