Economy Blog Posts
If new House Budget Committee Chairman Rep. Paul Ryan (R-Wis.) gets everything on his budget-cutting wish list, it would be, says a new analysis from the Economic Policy Institute (EPI):
a massive transfer of wealth from the middle class to wealthy Americans and corporations and a wholesale dismantling of the social programs that all Americans rely on, including Medicare and Social Security.
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The nation is in its 20th straight month with unemployment above 9 percent. The electorate in November told lawmakers to “focus less on petty partisan bickering and more on jobs, jobs, jobs,” says AFL-CIO President Richard Trumka.
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Tomorrow, AFL-CIO President Richard Trumka will detail the choices elected leaders across the country are facing and outline working people’s vision for the future of the American economy when he delivers a major speech at the National Press Club in Washington, D.C.
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Rather than helping working people to save their homes, banks foreclosed on more than 1 million properties last year, which will slow the economic recovery and obstruct job growth, especially in construction.
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Be careful what you wish for, it might come true—with lots of bad consequences. The leader of a Big Business group says CEOs and other corporate leaders joining the Republican call for the repeal of health care reform should heed that warning.
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California’s paid family leave law “has been remarkably successful” and received high marks from both employers and workers, according to a new study released yesterday by researchers from UCLA/City University of New York (CUNY) and the Center for Economic and Policy Research (CEPR).
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Several disturbing items out now as Treasury Secretary Tim Geithner gets set to meet next week with Chinese President Hu Jintao.
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In a bitter battle late last year, Republicans in Congress filibustered an extension of the emergency unemployment insurance (UI) program for more than 1.4 million long-term jobless workers—and they didn’t approve the bill until they won an extension of Bush tax cuts for the rich.
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In Florida, Gloria’s daughter, like so many young people today, returned home from college “with a BA degree and no job.”
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