I joined Campaign for America's Future's Richard Eskow to talk about the "fiscal cliff" scare, austerity, Social Security, Medicare and how we WON the election so we really should be talking about jobs instead. more »
Here we go again.In the Washington Post's 'Wonkbook,' Dylan Matthews trumpets the tired old canard that American consumers benefit from the low price of Chinese imports.
Monday's final campaign debate focuses on foreign policy. Will it focus on our policy of running huge trade deficits with China? Every dollar of trade deficits makes our country a dollar poorer. That trade deficit is the deficit that our Washington elites should be worried about.
On the campaign trail Romney says we shouldn't ship jobs to China and should "crack down" on China trade problems. But he refuses to help or even meet with the Sensata workers whose jobs are being shipped to China right now. more »
In Wednesday's debate Mitt Romney repeated his claim that cutting individual and corporate income taxes creates jobs. But when you look at what actually happened, the periods when we had the highest tax rates were the periods we had the greatest job and economic growth. And the periods with lower taxes had lower job and economic growth. (And we all know what happened in the Bush years...) more »
A group of workers whose jobs are being outsourced to China is touring the "rust belt." They are trying to make an election point. But what about the day after the election?
For a long time — basically ever since Senate Minority Leader Mitch McConnell infamously stated that the Republican Party's #1 goal was to defeat President Obama — it has been plainly obvious that the Republican Party was committed to a strategy of economic sabotage to further their political am more »
President Obama is enjoying a post-convention bump in job approval (Gallup says 7 percentage points – from 45 to 52 percent) after the negative and divisive Republican convention, followed by the energetic populism of the Democrats in Charlotte. more »
“June food stamp Recipients Hit All Time High As Three Times As Many Americans Enter Poverty As Find Jobs, bringing the total to a new all time high of 46.670 million and once again rising fast.”
This headline, circulating via e-mail, seems to be picked up from Zero Hedge by merging the title more »
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