This week, President Obama will travel to Austin, Texas to call for action on jobs. The proposals the president put forth in his State of the Union address – investing in infrastructure, expanding preschool, bolstering manufacturing assistance centers, raising the minimum wage – have been blocked in the Congress, and disappeared from the public debate. [...]
If, like me, you’re a working parent or any other adult struggling to balance the demands of work and family, you know the two biggest challenges to pulling off that balancing act: Time and Money. We never have enough of either, and have precious little control over what we do have. Now, House Republicans have [...]
America’s top corporate executives love lecturing the rest of us about ‘fiscal responsibility.’ They want us to expect less from government. But they expect more, and a new report shows how they’re getting it. Last week, federal unemployment benefits for the 400,000 Californians out of work since last fall dropped almost 18 percent, a $52 [...]
Fix The Debt is a coalition of corporations pushing for a “grand bargain” that would reduce debt by changing Social Security, Medicare and the tax code. Oddly, the coalition spends more time talking about what other people should give up — namely, Social Security benefits — than about what its own members would give up [...]
President Obama’s nomination of Hyatt heiress Penny Pritzker to be Commerce secretary gives me the perfect excuse to write about a fascinating conversation I had recently with Cathy Youngblood, a union activist and Hyatt employee who is on a campaign to get her employer to put one worker on its board of directors. She’s written [...]
The trade deficit fell to “only” $38.8 billion in March. This could mean that manufacturing is starting to shift from China (good) — or it could mean our economy is slowing and we just aren’t buying as much as we would have (not so good). It is also because we are importing less oil (really [...]
We know how quickly Congress responded last week to air travelers who had to wait an extra hour or two to get to their travel destinations. Imagine waiting 28 years. That’s how long a person — a single mother with a child, for example, working at a low-wage job – may have to wait for [...]
Most of us are still feeling the effects of a struggling economy, but the corporate elite and the Wall Street banksters are doing better than ever. Many corporations have seen record profits in recent years, which have fueled buying sprees on Wall Street, pushing the DOW Jones to it’s all-time high. But, the income gap [...]
… because if he were we could dismiss him as a typical stupid hippie to whom nobody should ever pay attention (particularly when sharp analysts like Newt Gingrich and George Will exist.) But now that people who the mainstream media can respect, like Tim Kaine, are saying it, now it’s respectable:
All of the original justifications for budget cuts have gone away. The sequester is hurting the economy and keeping unemployment high. But instead Republicans plan to double down on cuts. Apparently their real game is to force high unemployment and desperation for 99% of us to further enrich the 1%. A continuing seriesRead the full [...]