Economy
4 Percent Growth Doesn't Look So Crazy When You're At 3.7 Percent
Weeks after a top White House official said no "serious economist" would consider 4 percent annual growth "within the realm of possibility," we almost reached that during one quarter. What do we say now?
Ten Years After Katrina, Poor And Black People Still Left Behind
When President Obama visits New Orleans today on the 10th anniversary of Hurricane Katrina, he will find the city whiter, wealthier, and more unequal than it was before the storm.
In Troubled Times, the Federal Reserve Must Work for Everyone
Call it “qualitative,” rather than “quantitative,” easing. It would increase the money supply invested in the real-world economy to create jobs, lift wages and create broad economic growth.
The Wild Ride Gets Wilder – Only Government Spending Can Fix This
Companies are afraid to expand if no one is spending. The result is poor demand to guide the way to safe investment. But governments – the source of demand when people and companies are hunkered down – keep cutting back.
The Upsurge in Uncertain Work
As Labor Day looms, more Americans than ever don’t know how much they’ll be earning next week or even tomorrow. It’s the biggest change in the American workforce in over a century, and it’s happening at lightening speed.
Martin O'Malley Offers Strong Plan To Expand Retirement Security
O'Malley's plan expands Social Security but goes beyond Social Security into savings, wages and long-term care. Sanders' earlier plan is similar but not as broad. Clinton has not yet offered a plan.
Summer Spells Hunger for Kids in Small American Towns
Only one in seven children who get help with food at school continue to get the food they need from summer programs. Many programs in low-income communities don’t qualify for summer meals under the current rules.
Why Republicans Vote For Bernie
While Americans disagree on social issues like gay marriage and abortion, they’re actually pretty unified on the bread and butter economic issues that Bernie has made the core of his campaign.
Trump Argues For Huge Corporate Tax Giveaway, Low Minimum Wage
Companies that did not use this tax dodge have already paid their taxes. Letting these multinational corporations off would reward the multinationals for dodging, and give them a tremendous advantage over companies that paid their taxes.
The Fraud of the New “Family-Friendly” Work
Employers treat replaceable workers as costs to be cut, not as assets to be developed. Replaceable workers almost never get paid family leave, they get a few paid sick days, and barely any vacation time.