The Rich Don’t Create Jobs; We Do

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Tina Dupuy: “The rich create jobs” is a well-worn catch phrase from right-leaning political yappers who give this 1% all the credit when it comes to the financial health of the country. But the rich are not, in fact, the venerated “job creators.”

The Truth About the American Economy

Robert Reich: As we should have learned from the Great Prosperity — the 30 years after World War II when America grew because most Americans shared in the nation’s prosperity — we cannot have a growing and vibrant economy without a growing and vibrant middle class.

Black Women Jobless Rate

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Carl Bloice: Unemployment is up. Joblessness has increased for African Americans. Black women are being hit especially hard. The question now is whether the people running the country really care? And if they do, why are they avoiding the subject?

Made in 
the USA

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Brent Budowsky: Buy American. Each of us individually and together has the power to lift our land the way previous generations of Americans lifted America to defeat depression, prevail in war and soar to the moon in less than a decade.

Double Dip Here We Come

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Republicans, for their part, worry that if they tell it like it is Americans will want government to do more rather than less. They’d rather not talk about jobs and wages, and put the focus instead on deficit reduction (or spread the lie that by reducing the deficit we’ll get more jobs and higher wages).

Ray-Ray, Boo, Chico, Pookie and Today’s Political Economy

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Carl Bloice: ‘The president and his aides know that the G.O.P. approach to the budget is wrongheaded and destructive,” New York Times columnist Paul Krugman wrote March 11. “But they’ve stopped making the case for an alternative approach; instead, they’ve positioned themselves as know-nothings lite, accepting the notion that spending must be slashed immediately – just not as much as Republicans want.

War and Workers

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Lydia Howell: Whether it’s debt-ridden college graduates working as baristas or small town youth with only fast-food and Wal-Mart as post-high school career options, high unemployment keeps a volunteer military ranks full.

The Real News on Jobs

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Robert Reich: Conservative economists have it wrong. The underlying problem isn’t that so many Americans have priced themselves out of the global/high-tech labor market. It’s that they’re getting a smaller and smaller share of the pie.

Shock Wave Coming

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Brent Budowsky: The economic and political shock wave will be momentous as budget politics will increase joblessness and reveal with brutality that Washington is out of touch with heartland America and dominated by special interests that voters deplore.

The Jobs Report, and America’s Two Economies

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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.

John’s Lament

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John Blue: Chattel slavery may be gone for good, but today’s economic slavery may be little better; with the too-high unemployment and foreclosure rates and union membership ever declining, a lot of people “owe their soul to the Company store” and who among them is so bold to challenge their bondage?

The Forgotten Jobless and Our Future

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Mark Vorpahl: As in the 1930s, today we must organize in a way that creates unity between the employed and unemployed. To start, we can organize the largest possible union-led demonstrations to realize this unity in the streets.

The U.S. Economy in 2011

Jobs in the New Year

Robert Reich: The two American economies — the Big Money economy and the Average Working Family economy — will continue to diverge. Corporate profits will continue to rise, as will the stock market. But typical wages will go nowhere, joblessness will remain high, the ranks of the long-term unemployed will continue to rise, the housing recovery will remain stalled, and consumer confidence will sag.

The American Jobs Emergency Requires Action

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Robert Reich: Not only do we need extended unemployment benefits. We need a new WPA, modeled after the WPA of the Great Depression, to put jobless Americans to work. We need a national infrastructure bank to rebuild our crumbling highways and water and sewer systems, thereby putting additional people back to work.

Alarmed & Angry at Christmas Time

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Carl Bloice: Reflect on the sudden, shocking awareness that that one third of the members of the U.S. House of Representatives are prepared to let 2 million people – victims of an economic crisis not of their making – face the holidays with no income.

National Fiscal Hypocrisy Week

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Robert Reich: The best outcome would be an agreement to extend the tax cuts for the bottom 99 percent, for two years. This would stimulate the economy in the short term when it most needs it, and reduce the long-term deficit.