Turning Mirage Recovery into Real Recovery

people need jobs

ecently, news reporters have been sounding almost giddy, saying that unemployment is dropping, housing prices are rising and the stock market is growing to new highs. But, these reports do not ring true with what people see around them. When you look beyond the sunny headlines, the sad reality is mirage recovery. The economy is limping [...]

It’s the Jobs, Stupid

President Barack Obama greets staff of Council of Economic Advisers (Official White House Photo by Pete Souza)

Brent Budowsky: Obama needs to contemplate the possibility that his legacy will be “the jobless president.” He should fight to become “the jobs president.”

An Air Freshener for the Outhouse

moonlight outhouse

Johnny Townsend: Trying to recover from all the damage caused by water pollution and carbon emissions and other toxins will cost the country a great deal more than the short-term profits waiting to be made now.

Why the Democrats Will Win This Election

obama paralympic teams

Steve Hochstadt: Despite the continuing economic disaster, despite lingering racism across white America, despite the daily uncertainties of the world outside our borders, Barack Obama wins again. His victory in 2012 means that Republican ideology is a failure.

Cooked or Accurate US Employment Numbers?

no jobs

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%.

Jack Welch Capitalizes on Collateral Damage

jack welch

JP Sottile: We can talk cavalierly about the “paranoid style in American politics,” but just beyond the Birthers and latter-day Red Scarecrows who populate the Tea Party and Rep. Allen West’s townhall meetings, there is a deeper, darker secret that we all basically know and lament.

Jobs Report Shifts Campaign Rhetoric

obama crowd

Nia-Malika Hendewrson and Rachel Weiner: Two days after Romney reignited his campaign with a winning debate performance, Republicans were struggling once again to find their footing after a positive September jobs report muted the campaign’s main talking point.

The Politics of the Jobs Report

2012 election

Robert Reich: RBoth Obama and Romney assume the recovery will continue, even at a slow pace, and that we’ll be back to normal at some point. But I’m not at all sure. “Normal” is what got us into this mess in the first place.

Why Do Political Elites All Hate Democracy?

political magic

Heather Gautney: We need to start pressing for things that our politicians did NOT discuss at the conventions. Real solutions–like universal education, debt forgiveness, wealth redistribution, and participatory political structures—that would empower us to decide together what’s best. Not who’s best.

The Future of Local Government

Steve Hochstadt: When Romney and the Republicans talk about cutting back on government, they mean much larger cuts in local government spending than what has happened so far.

Job Crisis Denial

jobs treading water

Shamus Cooke: Both parties are not talking about the fiscal cliff because they share the exact same solution: austerity -cuts to social programs, government layoffs, and other measures to make working people pay for the nation’s debt instead of the rich and corporations.

Europe’s Youth Employment Is Bad, But Not As Bad As We’re Told

spain euro

ardly a day goes by without a new headline screaming about the scandal of youth unemployment, which has been pinned at the outrageous levels of 50 percent in Spain and Greece and above 20 percent in the eurozone. There’s just one problem – those numbers are derived from a flawed methodology, which misrepresents the true [...]

Welcome to the New Normal America

obama golden valley

Joseph Palermo: Wall Street banks should be pouring money into Obama’s reelection since he’s been so good to them, and the neocons should be rejoicing in his establishing precedent for more unchecked executive power.

The Stall Has Arrived

black unemployment

Robert Reich: @idening inequality is the underlying culprit. As long as almost all the gains from economic growth continue to go to the top, the vast middle class doesn’t have the purchasing power to boost the economy on its own.

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.

Unemployment: Shadows and Reality

job creator

Kathleen Peine: The unemployment report came out recently, and Punxatawny Phil saw a service sector job — that means six more years of growth. Or something like that. It’s all very complicated.

Holiday Pall: Joblessness Crisis Intensifies

black unemployment

Carl Bloice: The average period of unemployment now exceeds 26 weeks, well above the previous peak in July 1983 of just 21.2 weeks. This is critical because the longer that people of any age are out of work, the less likely they are to find another job.