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Archive of posts tagged Economy

Building a Blue-Green Coalition in California

By Marcy WinogradFormer Democratic Candidate for Congress
After the passage of the National Defense Authorization Act, with its codification of imprisonment without charge or trial, I could no longer register voters for the Democratic Party – even wi…

The Obama State Of The Union: A Progressive View

By Robert Borosage Institute for America’s Future
Last night in his State of the Union, President Obama presented himself as the champion of the American dream, or in his words, “the American promise” – “that if you worked hard, you could do …

Austerity for Dummies: The 3-Minute Guide to a Bad Idea

By Richard (RJ) Eskow
“I feel stupid,” someone said the other day. “I consider myself well-informed, but I have no idea what the term ‘austerity economics’ really means.”
Actually it’s not that complicated, and most of the lesson plan can be found in …

Notable Death of the Year: RIP Austerity Economics, 1921-2011

By Richard (RJ) Eskow
This is the time of year when we’re reminded of all the famous people who died over the last twelve months, a list which includes two of my favorite guitar players (Hubert Sumlin and Cornell Dupree). But there were also some nota…

In Wake of Recession, Less Than Half of Californians Live in Middle-Income Families

Public Policy Institute of California
In the Great Recession and its aftermath, the percentage of Californians  living in middle-income families fell to a new low of less than 50 percent,  according to a report released today by the Public Po…

The Right Wing’s Absurd Zombie Lie About The Economy – And Why It’s Totally Wrong

By Joshua HollandAlterNet
Wall Street turned a few million home-loans into what Warren Buffet called “economic weapons of mass destruction,” cratered the global economy and then, when the bubble burst, turned around and insisted on a massive bailout co…

Jobless in Wonderland

By Dick Meister
Finding a job is hard enough for the many millions of unemployed American workers. But, believe it or not, the fact that they are jobless keeps many employers from hiring them.
That’s right, being jobless keeps many workers from being …