Economy
Wall Street's 'M&A Follies': Why the Curtain Never Falls
AOL and Time Warner split, Comcast and NBC join. The merger merry-go-round continues to spin. Investment bankers and corporate execs get the brass ring. The rest of us get pink slips and higher prices. What may be the dumbest corporate merger of all time — the...
The Problem is Jobs, Not Debt
Conservatives are using the economic crisis to push through their favorite tricks. The latest trick is a commission to cut the budget and cut the debt without the inconvenience of the democratic process. It’s a strange distraction from the real problem. The real...
Size Matters, Particularly When It Comes To Jobs
President Obama is sensibly focused on jobs, unveiling a new initiative Tuesday in the wake of last week's White House jobs summit. Elements included everything from new infrastructure spending to "cash for caulkers," tax breaks for weatherizing homes, as...
Obama’s Jobs Summit: Jobs Now, Deficits Later
Last week’s job’s summit focused on the fierce urgency of now. And well it should, with 18 percent unemployment and underemployment. But Obama also seemed to understand how short term needs overlap with long term goals. There’s just one sticking point. The short term...
Gerard: "This President Recognizes That Jobs Are Now At The Forefront."
United Steelworkers President Leo Gerard sat down with OurFuture.org's Isaiah Poole to provide an inside view of the White House jobs summit. Watch it below. He noted that while there is great focus on quick action to deal with the current rise in unemployment, moving...
Some Jobs Taxpayers Don’t Need to Buy
Can't buy me love Everybody tells me so Can't buy me love No, no, no, no From the 1964 Lennon/McCartney song, “Can’t Buy Me Love” Maybe you can’t buy love, but you can buy a job. Franklin Delano Roosevelt did it with the Works Progress Administration during the Great...
Fixing Jobs: Normal Isn’t An Option
The “Jobs Summit” is Thursday. Are they going to try to get things back to normal? I hope not! “Normal” isn’t an option anymore, because it is what led to where we are. The financial sector bailout is based on the idea that things will get back to “normal” if the...
The Case For A Government Jobs Program
A federal program of direct job funding, even at a time when unemployment is expected to exceed 10 percent for the next several months, is the third rail of any discussion about reducing unemployment. But to say that the government should not, to borrow a phrase from...
Obama Enforced Trade Agreement - Jobs Already Returning
In September, President Obama Enforces Trade Law In China Tire Case! President Obama signaled a new direction in America's trade policies by deciding to enforce the ITC's recommendation to impose tariffs on Chinese tire imports. In November, Findlay's Cooper Tire will...
Obama’s Jobs Summit and Bernanke’s Reappointment: Connect The Dots
How ironic that President Obama’s jobs summit should be scheduled on the same date (Thursday, December 3) that the Senate Banking Committee has scheduled the reconfirmation hearing of Federal Reserve Chairman, Ben Bernanke. Our economy is in a hole. Bernanke is “waist...
