Sherwood Ross: Although America’s 25 million unemployed and underemployed could be a powerful force for social change, they aren’t combining in any effective way to protest, an eminent business authority writes.
Supercommittee Sins
November 16, 2011 By
Brent Budowsky: The sin of the supercommittee is that it has merely mirrored the old-think politics it was created to rise above.
A Passionless Presidential Race?
November 12, 2011 By
Robert Reich: Occupiers and others have had enough.
Yet paradoxically the presidential race that officially begins a few months from now is likely to be as passionless as they come.
Trigger Deficit Cuts When Unemployment Drops to 5 Percent
November 11, 2011 By
Robert Reich: So the best of all worlds is to have a big jobs plan now, and also commit to automatic cuts triggered when unemployment falls to 5 percent.
History and Double-Dip Recessions
October 4, 2011 By
Iwan Morgan: If America does manage to avoid a new recession and achieve stronger growth, it will be a testimony to the underlying strength of its economy. At present its political leadership in both the executive and legislative branches does not appear to have the same reserves.
“Jobs Creators” Brand Tarnished
September 30, 2011 By
Joseph Palermo: Even hardcore capitalists are displaying a lack of faith in U.S. economic leadership, compounding the legitimacy crisis that has already engulfed millions of less exalted members of the global community.
How Austerity Is Ushering in a Global Recession
August 17, 2011 By
Robert Reich: Chalk up a big part of Europe’s slowdown to the politics and economics of austerity. Europe – including Britain – have turned John Maynard Keynes on his head. They’ve been cutting public spending just when they should be spending more to counteract slowing private spending.
Slouching Toward a Double Dip, For No Good Reason
August 8, 2011 By
Robert Reich: We are slouching toward a double dip because we’re getting the problem wrong. Despite what Standard & Poor’s says, notwithstanding what’s occurring in Europe, and regardless of U.S. budget projections years from now — our current crisis is jobs, wages, and growth. We do not now have a debt crisis.
Vicious Cycles: Why Washington Is About to Make the Jobs Crisis Worse
July 25, 2011 By
Robert Reich: The only way out of the vicious economic cycle is for government to adopt an expansionary fiscal policy — spending more in the short term in order to make up for the shortfall in consumer demand.
Jobs Crisis Is About People’s Lives, Not the Next Election
July 14, 2011 By
Carl Bloice: If one out of ten people seeking work can’t find any, it follows that the average person has a friend, relative or neighbor amongst them. All she or he has to do is look out the window or answer the phone to be scared.
The Rich Are Destroying the Economy
June 15, 2011 By
Shamus Cooke: Because both parties simply threw money at the banks and hedge funds instead of punishing them, a condition of “moral hazard” was created, meaning, that banks would assume another bailout would come their way if they destroyed the economy again — too big too fail, remember?
Politics of Inaction: The Reality Behind the Jobless Stats
June 11, 2011 By
Jamie Dimon’s Bizarre Idea About Why Recovery Stalled
June 8, 2011 By
Robert Reich: According to JPMorgan Chase CEO Jamie Dimon, the recovery has stalled because of strict banking regulation. I’m not making this up.
PCL offers monthly Open House Events on the 2nd Saturday at 2pm and 3rd Thursday at 6pm. Click here to learn more.
Recent Comments