As a nation, we need to face that fact that austerity simply does not work; our nation’s infrastructure will continue to crumble if we do not invest in its repair, and our economy will continue to stagnate if we do not expand our infrastructure to meet the needs of our growing population.

U.S. lawmakers and policymakers who are pushing extreme austerity measures and spending cuts over job-creating investments as the magic path to economic stability should take a long hard look at what’s happened to the nations of the European Union (EU) that have imposed strict fiscal austerity policies.  Unemployment has soared, according to a new report on the EU labor market from the International Labor Organization (ILO).

There are more than 10 million more jobless people in Europe now than at the start of the crisis. There are now more than 26 million Europeans without jobs, with young and low-skilled workers being the hardest hit.

When Maria Roa arrived in Medellin 10 years ago, her primary focus was to provide a better life for her three children. She took a job as a domestic worker, as many Afro-Colombian women do, but quickly realized the position was underpaid and overworked. Despite the nature of this physically and emotionally challenging work, domestic workers like Maria have been successful in their organizing efforts to form a new union to combat workplace discrimination, improve benefits and establish job security.

The nation’s economy added just 88,000 new jobs in March while the jobless rate dipped to 7.6% from February’s 7.7%, according to figures released this morning by the U.S. Bureau of Labor Statistics (BLS).

While the 88,000 jobs created reflect 36 straight months of positive job growth, during the previous 12 months job growth had averaged about 169,000 a month. The small number of new jobs also shows how important it is that Congress repeals the sequester to stop any additional job loss in the public and private sectors. These across-the-board cuts will cost more than 750,000 jobs this year alone and could derail the economic recovery.

Severe budget cuts (for example, the kind required by the sequester), also known as “austerity” policies—expected to be implemented in 119 countries across the globe in 2013—are the wrong solution to the world’s economic crisis, concludes a new paper released by the Initiative for Policy Dialogue and the South Centre.

Wonkblog's Ezra Klein published 21 charts yesterday from the International Federation of Health Plans that illustrate just how ridiculous our health care prices are in the United States.

Klein writes:

This is the fundamental fact of American health care: We pay much, much more than other countries do for the exact same things. For a detailed explanation of why, see this article. But this post isn’t about the why. It’s about the prices and the graphs. 

After President Obama called for raising the nation’s minimum wage to $9 an hour and protecting it against inflation, the struggle that millions of low-wage workers face trying to survive on the current $7.25-an-hour federal minimum wage is back on the nation’s radar screen.

Recently NBC News took a look at “the workers who answer your customer service calls, deliver your pizzas, take care of your children, bag your groceries and serve your food,” including Crystal Dupont, 25, who takes customer service calls in the Houston apartment she shares with her mother who has disabilities.

In his most recent column, Economic Policy Institute President Lawrence Mishel demolishes arguments in favor of "chained" CPI, which is often offered in grand bargain negotiations, saying it is nothing more than a way to explain away cuts to the program.

While the nation’s infrastructure has seen slight improvement since the American Society of Civil Engineers (ASCE) released its last report card in 2009—from D to D+—the group warns that, without a major commitment and investment, the roads, bridges, drinking water systems, mass transit systems, schools and systems for delivering energy that we depend on “may soon fail to meet society’s needs.”  

Ten years ago this week, the United States launched the invasion of Iraq. The nation remains divided on the wisdom, strategy and outcome of the war that claimed the lives of 4,488 U.S. service members and left more than 32,000 wounded.  

But there is one certainty—the men and women who honorably fought and served in Iraq and Afghanistan over the past decade have come home to an economy that works even less for them than it does others. Job loss, stagnant wages and a widening gap between working families and the wealthy and Wall Street are some of these problems.