Economy

Earlier this week, I made a case for an investment agenda for America. Now, a report from The Working Poor Families Project has underscored the urgent need for an economic agenda based on investing in the American people and preparing our workforce not just to compete...

A widely overlooked provision in last month's tax cut deal is going to speed even more wealth to America's Paris Hilton set. Brace yourselves, young people. In 2011, you figure to face a real stinker of a year. Those of you attending America's budget-strapped public...

They came, they saw, they took it all. Welcome to the world where thieves have no honor and those most honored — with lavish rewards — hone their talents hammering the rest of us. Hard times can be good times — for the aggressively avaricious. Where others see pain,...

From naked capitalism.com: "Given its degree of inequality, if New York City were a nation, it would rank 15th worst among 134 countries with respect to income concentration, in between Chile and Honduras. Wall Street, with its stratospheric profits and bonuses, sits...

Unless something drastic happens between now and the vote on President Obama's tax-cut "compromise" with congressional conservatives, America is headed for its next failed conservative stimulus. Even with the proposed tweaking around the edges, there is...

So now we have the deal. In a society of extreme inequality, the rich – well represented by a unified Republican claque – will make out like bandits: An average tax cut of $25,000 a year for the top two percent (with much of it in six figure numbers for the wealthiest...

The way a lobbyist argues for or against anything today is to say it will create or cost jobs. Prohibiting lawsuits against giant corporations that harm people creates jobs. Making oil drilling safer costs jobs. Tax cuts for the rich creates jobs. Just getting rid of...