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The Economy Can't Recover If the Workers Don't

Can the economy recover if workers don't? Federal Reserve Chair Ben Bernanke yesterday suggested as much, but investors were clearly skittish. Bernanke announced that while the Fed would continue its extraordinary measures to prop up the economy, the end might be in...

Now Is Time To Weigh In On Student Loans

The clock is ticking. Without action by Congress student loan rates double at the end of the month -- less than two weeks. If you don't want student loan rates to go up or even double, contact your member of Congress today. Please click this link and call your two...

Fact: Obama Will Cap Carbon

Before the end of the Barack Obama presidency, the EPA will place a cap on carbon pollution from all power plants. This is no longer a mystery. This is happening. And there's nothing Republicans in Congress can do about it. Though if you've been paying close...

The Looting of Detroit

Nearly 100 years ago two young Detroit girls visited a now-vanished island park that had a dance pavilion, amusement rides, and swimming, and wrote that they were “having fun” on a piece of paper. Then they put the paper in a bottle and tossed it into the St. Clair...

Here's A Sequester Cut You'll Feel In Your Gut

You may have heard that Republicans are forcing (even more) cuts in programs like Meals On Wheels. Big deal, another "budget cut" to reduce the dreaded "government spending." But what does all of this this mean to actual, real people? Read this because what really...

Call To Action Today To Oppose Right-Wing Food Aid Cuts

For an estimated 4 million people, including about 210,000 schoolchildren, the farm bill the House is scheduled to start debating today could mean they will be going hungry a lot more often. That has promoted organizations such as Half in 10 and the Food Research and...

America Feeds the Rich

The Farm Bill that is expected to pass the U.S. House this week explains income inequality in America. The Republican-sponsored proposal slashes food stamps for poor children and pads farm subsidies for wealthy agri-businessmen.  This comes just a week after Senate...

We Need a New Deal for Millennials

What kind of society abandons its own young? What kind of society allows the generations in power to favor themselves over those who follow them, and then lets them claim they're doing it out of selflessness? Look around you. This weekend we reviewed nine ways an...
Austerity Battle Heating Up In Greece

Austerity Battle Heating Up In Greece

Last week, when thousands of Greeks took to the streets to protest the Greek government's austerity driven shut-down the state-run television broadcaster, ERT, I asked whether the latest European backlash against austerity would begin to turn the tide against...

Rick Perry Offers Country A Race-To-Bottom Death Spiral

Texas Governor Rick Perry is on a "job-poaching" trip to New York. Let's say he "attracts" some businesses to move to his low-wage, low-tax state. That means good-paying jobs in one part of our country become low-paying jobs in another and business taxes that...

Where Uncle Sam Ought to Be Snooping

Let's place private corporations with government contracts under surveillance — to make sure no one is getting rich off our tax dollars. Only 23 percent of Americans, says a new Reuters poll, consider former National Security Agency employee Edward Snowden a “traitor”...

The White House Should Pay Its Interns. Here's Why

To Whom It May Concern at the White House: I have three little words for you: Pay Your Interns. It is unconscionable for the White House — as for so many other “public” sector organizations — to engage in a practice that structurally reinforces privilege, closing off...

Congress Turns Its Back on Rural America

Congress Turns Its Back on Rural America (via Moyers & Company) For fifteen years in Neodesha, Kansas (population 2,486) there were only two options for early childhood education services in town: a program for at-risk 4-year-olds operated by the school district, and...

Government Spending Improves Lives - In China

Have you heard that China is sending people into space? Have you heard about China's high-speed rail lines linking their major cities? Have you heard that China has built the fastest supercompouter in the world? These are results of the dreaded "government spending"...

Snapping at SNAP: Hunger In The Name of Austerity

Starting today, Massachusetts Rep. James McGovern is joining the state’s Health and Human Services Secretary John Polanowicz and other Massachusetts officials in the “SNAP challenge.” For the next seven days, they are going to be living off a food budget of $31.50,...

New "Pirates" Report On Corporate Tax Havens

The Institute for Policy Studies (IPS) has just released a report on tax havens, Corporate Pirates of the Caribbean. The report shows that the corporations engaged in the "Fix the Debt" austerity push would gain up to $173 billion in tax breaks from their proposal for...

Women Fighting For Their Homes Face Jail, While Bankers Go Free

Seven homeowners who have faced foreclosure by some of the nation’s biggest banks after doing the best they could to save their homes faced a D.C. Superior Court judge Tuesday. They were in court for the act of civil disobedience their financial plight had driven them...

The Great Grand Bargain Divergence

This is a fascinating account of how the Grand Bargain came to be the tired conventional wisdom among the Village wonk crowd. (I'm characterizing it that way, not the author, the esteemed Larry Mishel. ) It's required reading for anyone who has been following this...

Boehner's New Debt Limit Ransom: Cuts On Top Of Sequester

With the House Republican caucus still squabbling over what ransom they should demand for an increase in the debt limit, Speaker John Boehner issued his own threat yesterday. According to Roll Call, Boehner wants "another round of spending cuts beyond the sequester."...

One Step Closer To Ending The Underground Economy

The Senate is on the verge of preventing an initial filibuster of the bipartisan immigration reform bill, with several Republican votes in support of proceeding. Despite all the trumped up "scandals," the Republican Party shows little interest in derailing the top...

Court Grants Corporations Impunity to Mug Retirees

When a kid snatches an old lady’s purse, it’s punished as a crime. But when a corporation manipulates bankruptcy law to deny thousands of retired coal miners benefits they labored their entire lives to earn, it’s endorsed by federal court. Late last month, a...

Austerity Is Dead – So Can We Fix The Infrastructure NOW?

You might have heard that "austerity is dead." You'll certainly be hearing it, and with good reason: the U.S. deficit is down more than 50 percent from what President Bush left behind, projections of the rise in medical costs that drove future deficits are way down,...

Billionaire Says The Rich Are Not Job Creators!

One of our nation's richest men, billionaire Nick Hanauer, just destroyed the GOP's economic talking points.  In a testimony before the Senate Banking Committee, Hanauer explained why rich people like him are not, in fact, the real job creators.  He said, “In the same...

How The Few Have Chosen Inequality For The Many

The last couple of months in Washington have been punctuated by burst of excitement as policymakers and pundits reacted to what to them was good news for the economy. The stock market is up. Consumer spending is up. Housing is booming again. The era of "uncertainty"...

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