Where Have America’s Good-Paying Jobs Gone?

Tracy Emblem: Americans should be angered because they lost good-paying American jobs, and American taxpayers unwittingly through federal foreign aid helped pay for the development of roads, utilities, and manufacturing plants in foreign countries competing for U.S. workers’ jobs.

Yeah, It’s the Economy, Sherlock

Carl Bloice: Any member of Congress who thinks obstructionism is the way to win elections should know that in two years we will be sure that voters will know who stood in the way of jobs. We have an energized membership that’s ready to fight, and we’re going to give it everything we have.

The Republican Recipe for An Anemic Economy Through Election Day 2012

john boehner

Robert Reich: The real message from voters was “Fix this stinking economy.” But Republicans have no intention of doing so. With Republicans in control of the House, forget spending increases or tax cuts to stimulate the economy.

Our Holocaustic Global Empire: Wars, Famines, Slavery

global economic crisis

Gary Corseri: Each of the 16 authors in this collection of contemporary essays and articles about our New-World-Order socio-political-economic mess are digging at the roots of evil; each exposes another layer of lies, frauds, half-truths, myths or cover-ups about the way our global system actually operates.

African American Youth Joblessness and the “New Normal”

unemployed black youth

Carl Bloice: If it remains almost impossible for a couple of generations of young women and men to earn a decent living, it is calamitous for black people and the country. They cannot become the personification of the “new normal.”

Meg Whitman, Job Killer

john mccain and meg whitman

Craig Williams: The countless ads by Whitman in the current California gubernatorial race lead most people to believe that she’s been creating lots of jobs. But when you take a close look at what her company EBAY actually does, on balance she may well be the jobs killer.

The Fed’s New Bubble (Masquerading as a Jobs Program)

economic collapse

Robert Reich: The latest jobs bill coming out of Washington isn’t really a bill at all. It’s the Fed’s attempt to keep long-term interest rates low by pumping even more money into the economy (“quantiative easing” in Fed-speak).

The Struggle for a Workers’ Recovery

Shamus Cooke: The massive One Nation demonstration in Washington, D.C. proved that unions and other progressive groups can unite under a set of demands. But uniting for one demonstration is not enough.

Why Democrats Should Not Join In Economic Scapegoating

chinese worker

Robert Reich: Democrats should admit America’s economic structure has become dangerously unbalanced — more unbalanced than it’s been in 80 years — and the imbalance is making it difficult if not impossible for the nation to emerge from recession. For these reasons, Democrats should recommit themselves and the nation to redresssing that balance.

The Emerging Anti-Trade Coalition, and Its Dangers

Reed Smoot (R-UT; chairman of Senate Finance Committee), Willis Hawley (R-OR; chairman of the House Ways and Means Committee) - sponsors of Tariff Act of 1930.

Robert Reich: Isolationism and nationalism are the handmaidens of an economically anxious and frustrated middle class. That was the lesson we learned 80 years ago, but forgot.

Why It’s Foolish to Weaken the Dollar to Create Jobs

bread dollar

Robert Reich:I keep hearing the only way we’re going to get jobs back any time soon is with a weak dollar. Baloney.

Republican Economics as Social Darwinism

john-boehner

Robert Reich: John Boehner, the Republican House leader who will become Speaker if Democrats lose control of the House in the upcoming midterms, recently offered his solution to the current economic crisis: “Liquidate labor, liquidate stocks, liquidate the farmer, liquidate real estate. It will purge the rottenness out of the system. People will work harder, lead a more moral life.”

The Politics of Taxes

republican tax cuts

Tracy Emblem: Bush Tax cuts have conferred the most benefits, by far, on the highest-income households – those least in need of additional resources – at a time when income already is exceptionally concentrated at the top of the income spectrum.

Of Course Poverty Is On the Rise In Charles Dickens’ America

poverty

David Love: That anyone can actually utter the words “the recession is over” at a time of mass unemployment, foreclosures, homelessness and general despair tells you all you need to know about America. The nation actually exists as two nations: the few that have, and the many who don’t.

Investing in Our Future

World crisis. Europe view.

Rep. Pete Stark: The idea of a financial speculation tax is getting consideration in many corners of the world, and not a moment too soon. When the UN Summit kicks off next week, an international financial speculation tax to fund the Millennium Development Goals should be at the top of the agenda.

Why No Amount of Fiscal or Monetary Stimulus Will Be Enough

recession

Robert Reich: The Fed’s decision Tuesday to keep short-term interest rates near zero is no surprise. What’s odd is its apparent decision not to boost the economy by buying hundreds of billions of bonds — despite its acknowledgment that ”the pace of recovery in output and employment has slowed in recent months,” and that prices are rising too slowly for comfort (i.e., we might be facing deflation).

Why There’s An Enthusiasm Gap: An Illustration

wealthy

Robert Reich: Super-rich financiers on Wall Street and top corporate executives have grown richer, though most Americans are getting poorer.

Meg’s Vicious Campaign

Randy Shaw: Few actions are more despicable than a multi-millionaire promoting making life worse for the very poor. Yet that’s what California Republican Governor candidate Meg Whitman is doing to get votes, even arguing that our lowest-income families should be removed from welfare altogether after two years.

The Defining Issue: Who Should Get the Tax Cut — The Rich or Everyone Else?

wealthy

Robert Reich: Republicans are hell bent on demanding an extension of the Bush tax cut for their patrons at the top, or else they’ll pull the plug on tax cuts for the middle class. This is a gift for the Democrats.

The California Budget Mess Backstory

oil addiction

Adam Eran: So the origin of California’s tax reductions, and even its current budget deficit, is arguably oil price inflation. If we want a stable economy, and government without deficits, we need to stop kidding ourselves that spending is a the root our budget problems, and attend to our energy addiction.

Whom Do You Trust?

blackwater

Steve Hochstadt: Those who want government to go away, or at least get a lot smaller, seem to have two ideas about how to shrink government: Cut out the “waste” and let private companies take over many of its functions. Their assumption is that the private sector can do these jobs better and cheaper. Is that true?

Corporate America: Don’t Kill the Goose that Lays the Golden Egg

golden egg

Tracy Emblem: America has always been the land of opportunity which is why Corporate America must begin to renew its investment and partnership in our nation’s job force and keep America’s promise to keep the American Dream within reach.

Education is THE Economic Issue of Our Time

CoolHandLuke

Bob Letcher: In the few weeks since President Obama so emphatically linked his education program to his effort to revive the US political economy, the President has not been pressed to detail either the substance of his education program or his procedure for winning support from a public that is increasingly cynical, skeptical, frightened, and angry.

Undocumented Immigrants Giving Social Security, Baby Boomers a Big Boost

social security

Seth Hoy: So as we pull out of the recession, employment rates return to normal and more and more Baby Boomers retire, who, exactly, is going to fill this gap? Enter immigration.

What Can the South Teach About Globalization?

auto worker

James C. Cobb: Members of this abandoned Southern proletariat may still live far better than the average Bangladeshi can imagine, but their shattered self-esteem and dashed hopes are surely at some level a universal indication of what to expect when economic development is allowed to become an end in itself rather than the means to a developed society.

Financial Depression Spreads Among Seniors

depressed-lady

Sherwood Ross: President Obama has U.S. taxpayers paying billions to meet the costly payrolls of 50,000 troops and 190,000 contractors in Iraq while 20-million-plus jobless are looking for work in USA and can’t find it.

Why Obama Is Proposing Corporate Tax Cuts and Why He’s Wrong

economy

Robert Reich: The economy needs two whopping corporate tax cuts right now as much as someone with a serious heart condition needs Botox.

The Real Lesson of Labor Day

american flag

Robert Reich: Face it: The national economy isn’t escaping the gravitational pull of the Great Recession. None of the standard booster rockets are working.

Labor Organizers Can Beat Army for Exciting Lives

strike

Sherwood Ross: Without unions, human beings will subsist in a world of wage-slavery, of “haves” and “have nots,” rather than in a world where the average person has a chance at making a decent living.

Americans Need a Job

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Tracy Emblem: Workers are the backbone of America but the backbone has been aching for some time and needs immediate and serious attention – through job creation policies.

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