"Words that make actions speak louder."
The country is in an economic emergency. Unemployment — especially long-term unemployment — is at extremely high levels and the recovery is faltering. Conservatives are obstructing efforts to solve this because they believe it helps them in the November election. To this end conservatives are throwing out every possible argument against helping the economy to […]
July 4, 1776, Independence Day celebrates our fight to cast off colonial rule by a wealthy elite who were keeping the benefits of our labors for themselves. We fought this system and we won our independence. In the years since We, the People have built up solid public structures like our system of laws and […]
The real jobs and deficit test is coming when the Bush tax cuts for the wealthy expire this year. If Congress lets them expire, deficit fears go away and there will be money to create jobs, maintain and modernize infrastructure, make the nation competitive in world markets, help the unemployed, upgrade health insurance and so […]
This was in today’s Progressive Breakfast, which of course you all read (sign up here), but I want to break it out for attention: W. Post’s Harold Meyerson argues China and Germany are handling recession better because of manufacturing: “Most Americans, I suspect, believe we’re losing manufacturing because we can’t compete against cheap Chinese labor. […]
China is cheating again. Yawn… China is subsidizing its paper industry ($33 billion 2002-09) and has tripled their production, and now is the largest producer of paper and paper products. Yawn. This has cost jobs and approximately 400,000 remaining American jobs are at risk. And the companies they work for. NOT so yawn! The Economic […]
The real deficit is jobs. That is one more of those things that everyone can see in front of their faces, but we’re told it isn’t what it is. There aren’t enough jobs, and we’re being told this is our fault because we wanted pensions and good wages and vacations and respect and dignity and […]
A letter-writer in my local paper today reaches the wrongest possible conclusion: Public, private workers live in different worlds The current issue of Time magazine includes a cover story on the increasing numbers of nearly bankrupt states and municipalities across the country. An important point made in the story is that public and private workers […]
As today’s Progressive Breakfast points out, NYT news reports suggests move is for real, part of fundamental change in Chinese economy: “For years, Chinese leaders looked to the millions of poor workers from the country’s interior as the engine of a roaring export economy … These days, the workers … must start buying the very […]
The deficit problem can be summed up very simply: the public thinks Obama’s policies created a huge deficit. Never mind that it was Bush’s deficit — the public doesn’t know that. This misunderstanding is leading Washington to take steps that will throw the economy into depression. According to Greenberg Quinlan Rosner | NPR Congressional Battleground […]
American deregulated corporatism: Short-term profits for a very few at the expense of the rest of us. The Gulf oil spill is driving home the “expense of the rest of us” part of this equation. And the corporatist/conservative reaction to government’s efforts to reign in an industry that provides so much of their funding highlights […]