Stephen Lendman: Monthly Labor Department (BLS) data report inaccurately. America’s broken jobs engine isn’t explained. The latest 7.8% unemployment rate is blarney. Based on the 1980s calculation model, real unemployment approaches 23%.
Robert Reich: With corporate profits are through the roof, the Dow is flirting with 12,000, Wall Street paychecks are fat again, and big corporations are sitting on more than $1 trillion in cash, you’d expect jobs be coming back. But you’d be wrong.
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.”
by Robert Reich – Friday’s employment report, showing that employers cut 533,000 jobs in November, 320,000 in October, and 403,000 in September — for a total of over 1.2 million over the last three months — begs the question of whether the meltdown we’re experiencing should be called a Depression.
by Robert Reich – This is not the Great Depression of the 1930s, but nor is it turning out to be merely a bad recession of the kind we’ve experienced periodically over the last half century. Call it a Mini Depression.
Carole Bartolotto: The problem with concluding that GMOs are safe is that the argument for their safety rests solely on animal studies. These studies are offered as evidence that the debate over GMOs is over. Nothing could be further from the truth.
Margaret Flowers, M.D.: The refinery and export terminal may depress tourism, an important local industry. And the increase in cancer, disease and early deaths from the toxins released by the plant will place a financial burden on local families.