Richard Eskow: Here’s the truth: Most minimum-wage workers are adults, the majority of them are women, and many are parents who are trying to raise their children on poverty wages.
Steve Hochstadt: Romney and his campaign advisers know that he was not telling the truth on that Boca Raton tape. But a bigger mistake was to put into the same basket all the people he doesn’t like.
Paul Loeb: Did you know Obama’s health care bill contained a $20 billion a year tax on the richest Americans? I didn’t until I stumbled onto a mention of this the other day.
Carl Bloice: If the people who set the Tea Party in motion and sustain it want a mandatory “balanced budget” there is a democratic way of going about getting one; introduce specific legislation. They wouldn’t take that route.
Robert Reich: The question on everyone’s mind: Will the Fed signal it’s now more worried about inflation than recession?
Robert Reich: Republicans offered Democrats two more weeks before the doomsday shut-down. Democrats countered with four. Republicans held their ground. Democrats agreed to two. This is what passes for compromise in our nation’s capital.
Wendy McElroy: If households can be forced to assume these labor-intensive tasks, then selling recyclables—especially such goods as aluminum cans—is more likely to be profitable.
Rev. Irene Monroe: After nearly two decades of LBT women of African descent’s invisibility on a national level Zuna is causing a revolution by taking the bold step in this era of single-issue queer politics to remind us all we, too, matter.
Robert Reich: Democrats should propose eliminating payroll taxes on the first $20,000 of income, and making up the revenue loss by applying payroll taxes to incomes above $250,000.
Robert Reich: The Great Recession has accelerated a structural shift in the economy that had been slowly building for years. Companies have used the downturn to aggressively trim payrolls, making cuts they’ve been reluctant to make before. Outsourcing abroad has increased dramatically. Companies have discovered that new software and computer technologies have made many workers in Asia and Latin America almost as productive as Americans, and that the Internet allows far more work to be efficiently moved to another country without loss of control.
Carl Bloice: Just as rising unemployment and economic insecurity means less retail spending and fewer trips to the malls and showrooms, it also means a fall in available jobs. Rising joblessness means the already catastrophe situation in the housing market gets even worse.
Although Darfur has been a priority issue for both the Bush and Obama administrations and their European counterparts, Western efforts have not yielded a payoff in peace and well-being for the people of Darfur.
The $75 billion federal program designed to bribe banks to modify mortgages has been a bust. No one knows the exact number of mortgages that have been modified (that will be reported next month) but housing experts I’ve talked with say it’s a tiny fraction of the number of homeowners in trouble. Seems that the big banks can’t be bothered.