Economy
How ‘Limited Government’ Is Burying a Generation in Debt
State budget cuts to higher education are driving the cost of tuition to increase twice as fast as the cost of health care. Those additional dollars aren’t improving students’ instruction. But students and families have to make up the difference.
Walmart Should Pay A Living Wage Or Face The Corporate Death Penalty!
It is a privilege to do business in our nation, and our commons makes those huge corporate profits possible in the first place. If corporations refuse to pay workers what they deserve, then they shouldn't have the right to do business here.
Seeking Rents And Magic Misdirection
For a lot of people, government is seen as a simple tool to take their money and give it to people who don't "deserve" it. That's how these ideas are sold to the people --- by appealing to their baser natures.
American Workers: From Bounty to Bleakness
At the first Thanksgiving, Native Americans sat side by side with pilgrims – religious leader by huntsman, chief by planter. They shared the bounty they’d all worked to create. This Thanksgiving will be very different for too many American workers.
Food Stamps Cut Just In Time For Thanksgiving
This is that time of year when newspapers bother to write about how there are hungry people in America. But this year is special. As the recession drags on for the non-1%, cuts in Food Stamps have completely swamped the capacity of food banks.
A Little Light in the Dark Corridors of Power
Four and a half years after the "recovery" began, economic pain remains widespread. Yet the Washington/Wall Street tell Americans, "Have patience." Now, Larry Summers suggests a core economic assumption of the American elite might be dead wrong.
Hundreds Of Billions Of Taxes Owed - GOP Goes After Federal Employees
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.
Best Walmart Video
The Walmart heirs have $144 billion - more than 40% of Americans combined. This is in part because Walmart pays so little that employees qualify for government assistance. This huge forture influences politicians to keep the system rigged.
Put 'Full Employment' Back On The National Agenda
The phrase "full employment" is treated as something that would be uttered only by wild-eyed radicals. It's time to mainstream the term. That's why a new book by economists Dean Baker and Jared Bernstein is so important.
The JPMorgan Settlement Is A Scam!
On Tuesday, the Justice Department announced that JPMorgan has agreed to a $13 billion dollar settlement over the fraudulent sale of mortgage backed securities. But, that settlement is a fraud in and of itself.
