A Corporate Versus a People’s City Budget

cuts only budget

Shamus Cooke: Portland is simply following a national trend on a city, state, and federal level where Democrats and Republicans have agreed that taxing the wealthy and corporations must not be an option in addressing the social crisis that resulted from the Great Recession, regardless of the vast inequality of wealth that has erupted over the last 30 years.

Workers and Environmentalists Unite!

Shamus Cooke: It should be painfully clear to even the most reality-blind politicians that the private sector has no interest in creating jobs; they are quite content sitting on their mountains of cash until wages fall low enough — due to massive unemployment — for them to hire more labor.

The Winds of Deflation

shopping

Robert Reich: Consumers aren’t buying. They’re acting rationally. They’re worried about keeping their jobs, and they’re justifiably worried about the future.

Creative Cuts, New Concepts for LA’s Schools

Elementary school

Alfee Enciso: Ask any teacher in the Los Angeles Unified School District if they would rather take a pay cut in the guise of furlough days or have five more students in their classes next year. Without a doubt, the latter would be the choice for the majority of our classroom instructors in LAUSD.

Employers Take Beating Laying Off Employees

Layoffs

Sherwood Ross: As millions of Americans have been fired by employers struggling to remain profitable, we have all borne witness to Corporate America’s calloused disregard of its workers. Now, canny business economists claim the layoffs have hurt employers, too.

States’ Budget Crises: Share the Pain, Share the Dough

sanjose-football

by Carl Bloice – It’s probable that by the time this is read, officials in San Jose, California, will have eliminated athletic programs from all 11 of the city’s high schools. It might not seem like much to some, given the declining economic situation in the country and the kinds of budget cuts being made [...]

Are We Courting a Populist Backlash?

auto-wave

by Robert Reich – The government is doing a lousy job helping distressed homeowners. And according to John Dugan, the Comptroller of the Currency, the little that’s been done has had surprisingly little effect. Nearly 36 percent of homeowners holding mortgages whose terms were adjusted to give them more leeway defaulted on payments within three [...]

Prescription for an “Ailing” Industry: Take It Over

by Carl Bloice – It is hemorrhaging fast and no end to the blood-letting seems to be in sight. No question, something has to be done about the auto industry. But what?

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