An Economy for All
An Economy for All
We must build a new economy out of the ruins of the old. Creating an economy of shared prosperity and sustainable growth will require fundamental changes in strategy, priorities and policies. Among other things, we need:
• Comprehensive financial reform to curb the Wall Street casino.
• A new engine for economic growth to replace the bubble-bust economy of the past decades.
• Sustained public investment in areas vital to our future.
• A revived manufacturing sector leading the new green industrial revolution.
• Expanded but balanced global trade.
• Workers empowered to organize so that the blessings of future prosperity are widely shared.
Read our mainfesto: "Building The New Economy: The Challenge Ahead"
Blogs and Opinion
THE LATEST
BLOGS AND OPINION
Why Not Tax Wall Street? by William Grieder, The Nation | November 20, 2009
Watchdogs And Lapdogs On Financial Reform by Isaiah J. Poole, OurFuture.org | November 20, 2009
Creating the Jobs America Needs by Bob Burnett, Huffington Post | November 20, 2009
A Devil of a Job for Democrats by Terence Samuel, prospect.org | November 20, 2009
Obama’s Home And The Report Is Out: China Takes Us To School by Eric Lotke, OurFuture.org | November 19, 2009
Charitable Capitalism by William Greider, The Nation | November 19, 2009
The Great Disconnect Between Stocks and Jobs by Robert B. Reich, robertreich.blogspot.com | November 19, 2009
The Ugly Truth about Jobs by Robert Parry, inthesetimes.com | November 19, 2009
California: A Civilisation In Decline by Shane Goldmacher, Los Angeles Times | November 19, 2009
Inequality's Death Toll: A New Calculation by Sam Pizzigati, OurFuture.org | November 18, 2009
THE LATEST
NEWS HEADLINES
Wall Street's Naked Swindle , rollingstone.com | October 31, 2009
Chevron Employs Felon and Drug-Trafficker to Derail Trial , alternet.org | October 31, 2009
Fisker to Make Plug-in Hybrids at Former G.M. Plant , The New York Times | October 26, 2009
4.5 Million 'Net' Green Jobs in America Possible by 2030, solveclimate.com | October 26, 2009
Bonuses Put Goldman in PR Bind, The New York Times | October 16, 2009
Bill Shields Most Banks From Review , The New York Times | October 16, 2009
House Committee Approves New Derivatives Rules, Los Angeles Times | October 16, 2009
House Panel Clears Derivatives Bill, The Washington Post | October 16, 2009
41 Charged With Widespread Mortgage Fraud , The New York Times | October 16, 2009
TARP Watchdog Hits Treasury Handling of AIG Bonuses, bloomberg.com | October 14, 2009
China Trip Verdict: Obama Was Schooled
OUR TAKE
Eric Lotke: "While Obama posed for photos on the Great Wall and talked about a relationship 'at an all-time high,' China continues to take our lunch money." Read more »
Scott Paul: "I'm completely underwhelmed with the results of the president's trip, especially with so much at stake." Read more »
AUDIO: The chair of the U.S.-China Economic and Security Review Commission, Carolyn Bartholomew, and the president of the Economic Strategy Institute, Clyde Prestowitz, discuss the economic impact of Obama's trip and the policies we should push for. Listen »
Read our series on Obama's China Challenge »
Possible Victory In Our Wind Turbine Fight
The Chinese-backed firm that was posed to get U.S. stimulus dollars to support Chinese wind turbine manufacturing has promised to build a U.S. plant.
Read our progress letter | Read our posts on the issue »
Our Making It In America project champions the revival of manufacturing as essential to rebuilding the economy.
What We Want From A White House Jobs Summit
The announcement of a White House jobs summit offers an opportunity to reset the political conversation on building an enduring recovery for the 17.5 percent of Americans who are unemployed and underemployed. It matters where that conversation starts: with congressional action to create jobs immediately and a long-term plan for public-investment-led growth, with the centerpiece being featuring a bold commitment to the transition to new energy.
more »
Building a Smart Grid, Smartly
October 27th, 2009
President Barack Obama announced today $3.4 billion in government grants to help build a "smart" electric grid. Like many Obama initiatives, it’s a smart first step. But much more is needed and one piece is rarely mentioned at all. more » How Government Won on Election Day
November 9th, 2009
Here's a story you may have missed because it flies in the face of the dreary conventional wisdom: When advocates of public programs take on the right-wing anti-government crowd directly, the government-haters lose. This is what happened in two statewide referendums last week that got buried under all of the attention paid to the governor's races in Virginia and New Jersey
more »
The Next Financial Crisis
September 9th, 2009
Our banks have gotten into the habit of needing to be rescued through repeated bailouts. During this crisis, Bernanke — while saving the financial system in the short term — has done nothing to break this long-term pattern; worse, he exacerbated it. As a result, unless real reform happens soon, we face the prospect of another bubble-bust-bailout cycle that will be even more dangerous than the one we’ve just been through.
more »
Ron Bloom named "manufacturing czar"
September 8th, 2009
Brief statement from Alliance for American Manufacturing (AAM) Executive Director Scott Paul on the naming of Ron Bloom as the Obama Administration’s Senior Counselor for Manufacturing Policy.
more »
The Jobs Agenda At The G-20 Summit
Did President Obama seize the opportunity at the G-20 summit to set a new foundation for job growth and fair trade? We examine the issues that preceded the summit and critique what it accomplished for American workers.
» Read Dave Johnson's blogs from the G-20 | Other G-20 blogs and commentary
» THE CONTEXT: Robert Borosage: It's not yet time to declare victory over the recession.
» G-20 PREVIEW REPORT: Lessons to Learn, Choices To Make | Blog by Eric Lotke
more »
Recovering to Death
September 9th, 2009
The unemployment rate is high and growing higher, nearing an official 10 percent. Since this recession began, 7 million Americans have lost their jobs. Why aren't 7 million of us "too big enough to fail"?
more »
Hard Labor
September 8th, 2009
On this Labor Day, about the best the Obama Administration could say (over and over again) is that the unemployment picture would be a lot worse without the Recovery Act. Sorry, that's not good enough. It won't be good enough for the Democrats to hold onto swing seats in next year's midterm election, or for President Obama to persuade increasingly skeptical voters that he represents a solution to economic woes.
more »
Banking Collapse Lands on America’s Schools
September 30th, 2008
One of the worst casualties of the Iraq war and the Wall Street failures is the U.S. public school system, which is central to the nation’s economic, intellectual and social health. With financial resources being consumed, education cuts are on the way.
more »
