Economy
The Inflation Fighters Want to Increase the Debt Burden on Our Children
Are you worried about the government running deficits in the hundreds of billions of dollars and a debt in the TRILLIONS? If so, then you should be really angry at people calling for the Federal Reserve Board to raise interest rates.
Why Is SEC Sitting On Corporate Transparency Rules?
Are We the People the boss of the corporations, or are the corporations the boss of We the People? The Securities and Exchange Commission (SEC) needs to be reminded which way that question is supposed to be answered.
The Fed Finds an America Deeply Divided
The "average" U.S. family is doing just fine, says the Federal Reserve's latest portrait of household wealth. But typical Americans, other numbers in the report make clear, are struggling something awful. What's up here?
Beyond Ferguson: Sanders To Propose Youth Jobs Bill
At Michael Brown’s funeral, Rev. Al Sharpton lamented that America has “money to give military equipment to police forces,” but not to train and employ young people. Sen. Bernie Sanders is making good on a promise to remedy that.
Fast Food Strikes Are Back, Bigger Than Ever
Today, workers in 150 cities will take to the streets to demand livable wages for themselves and their families, the right to organize, and a better economy for all of us.
Anti-Union, Low-Wage States Spend More On "Safety-Net" Help
Workers in union-friendly states earn more than those in anti-union states, and pay more taxes to subsidize low-wage earners in the anti-union, right-to-work states.
Labor Day Victories to Celebrate
In recent decades the news for the country’s workers and the labor movement has been mostly bad. It would be easy to go on about how bad things are, but it is worth highlighting a couple of good news items against this backdrop.
Wages Dropped for Almost All American Workers in First Half of 2014
Think your money's not going very far this year? It's not your imagination. According to new research, real hourly wages declined for almost everybody in the U.S. workforce in the first half of 2014. Thanks, so-called recovery.
Looks Like Burger King's Subjects Are Royally Pissed Off
Tolstoy wrote that "kings are the slaves of history." Unfortunately for Burger King, which intends to renounce its American status for tax purposes, neither history nor public opinion is on its side.
A Stock-Market Milestone is Reached, But Who Cares?
Monday morning the S&P 500 composite index briefly passed the 2,000 mark. But out beyond Washington and Wall Street and the Hamptons, out in the world where most Americans live, things aren’t quite as rosy.
