by Isaiah J. Poole | Sep 2, 2015 | Jobs and Growth
Today's positive economic news that worker productivity in the second quarter of 2015 was better than expected – up at an annual rate of 3.3 percent – underscores a fundamental question about today's economy: If workers are increasingly productive, why aren't they...
by Isaiah J. Poole | Sep 1, 2015 | Jobs and Growth
This is the final week that the Labor Department is accepting comments on a proposed rule that would make some 5 million additional workers eligible for overtime pay for working more than 40 hours a week. A last-ditch effort to give businesses more time to campaign to...
by Leo Gerard | Sep 1, 2015 | Blog, Jobs and Growth, Progressive Vision
Specialty metals manufacturer ATI reinvented itself in recent years. Instead of serving as a vital organ in the dozen communities where it operates mills, it decided to be a boil, blight – a bane upon civic life in six states. Communities once cherished their ATI...
by Isaiah J. Poole | Aug 27, 2015 | Economy, Jobs and Growth
A few weeks ago, liberal critics jumped on Republican presidential candidate Jeb Bush's suggestion that he could get the nation's economy to grow at a 4 percent annual rate. They not only criticized the policies he proposed to get there; they criticized the goal...
by Richard Eskow | Aug 25, 2015 | Blog, Economy, Jobs and Growth
It's been a chaotic few days for the world's markets. Recent events do not paint the picture of a stable economy guided by rational minds. Instead, the world of global finance looks more like a playground in need of adult supervision. Like other nations, we have a...
by Dave Johnson | Aug 24, 2015 | Blog, Economy, Jobs and Growth
The world is out of balance. Everyone's nervous. There is a glut of money floating around the world and no one offers a "safe place" to put it. The stock market is way up, way down, way up, way down – sometimes all on the same day. China's currency is having dramatic...