Tag Archive | "CEPR"

$300 BILLION Robbery of Workers And Counting: Why We Need $20-An-Hour Minimum Wage

Tick, tick, tick, tick…every minute that goes by is another minute workers are being robbed–in particular, those people forced to work for the slave-like minimum wage. And if you looked back just five years, there’s a price tag to that robbery: over $300 billion.

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Give Me That Leave

One thing you won’t hear any chest-beating about from rabid patriots: the need for paid family and medical leave. See, too many of them care only about stuff that makes the country seem big by either (a) blowing up other countries or (b) just spouting hot air about “specialness”. How about this for special: The United States is the only high income country that does not mandate paid family and medical leave.

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Black College Graduates Finding It Even Tougher

I meant to share this from last week. “Young black workers with college degrees have fared better than their less-educated peers, they have a higher unemployment rate and are more likely to find themselves in a job that does not require a degree than other recent college graduates”, says the Center for Economic and Policy Research.

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Work Less, Better For The Planet

No more “I ate bad food last night” or “the kid kept me up at night with a fever” as excuses to stay away from work. It’s to save the planet I’m staying home.

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The Fund’s Follies

The obsession over balancing budgets and reducing debt is a foolish global exercise at a time when people need governments to spend more money to create jobs and demand. And one of the great wizards behind the curtain of the foolishness is the International Monetary Fund.

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Dump The Cap

It’s a funny thing, though obvious, that when you actually look at all the hand-wringing about budget shortfalls and Social Security funding, it always comes down to the same issue: are the richest among us going to pay their fair share, or are they going to continue to be part of a legalized robbery that drains the wealth of the country into the hands of a few, while the burden increase on most hard-working Americas? So, it is with Social Security.

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Wall Street: Cough Up $350 BILLION For The People

One of the biggest challenges that we face as a country is not that we lack money or wealth–we have plenty of money. Rather, we have a distorted set of priorities and an ideological frame that walls off many possibilities to create a decent society. For example: the belief in the so-called "free market" that […]

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The U.S.-Europe Comparison

   One of the things I find most tiring–and there are, granted, many candidates for that list–is the refrain that "well, things may be bad in the U.S. but look how much worse it is in Europe?" I get that nonsense all the time, particularly when I have to debate the free-marketeers and the defenders […]

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Chicken Little Squawks Again

   It’s just about that time–the new scare about Social Security. And so The New York Times rolls out its scary story: Even as Congress hunted for ways to finance a major expansion of health insurance coverage, the Obama administration reported Tuesday that the financial condition of the two largest federal benefit programs, Medicare and […]

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What To Do About The Fannie and Freddie?

   Yours truly is on a plane here early in the morning so this is a quick post. But, it’s a weighty and worthwhile promo for a great statement by Dean Baker from the Center for Economic and Policy Research. Readers will probably know that I think highly of the CEPR people–partly because they are […]

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Into The Abyss: Millions Face Old-Age With No Savings

  It was probably pretty obvious but there is a damning report out yesterday that paints a stark picture: the collapse of the housing bubble has created a savings and retirement crisis for millions of Americans who face a bleak future.   The report (which you can get here) comes from the folks at the […]

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If You Rely On Statistics, You Can’t See How Bad It Is

    A pet peeve of mine has been the way in which government statistics mislead us–and that is even without actual lying by politicians and their operatives. Take the Gross Domestic Product–it only tells you that stuff is being made, not whether the average person can pay their bills. Even when the GDP goes up, […]

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Banks, Not Home Owners, Will Make Out Like Bandits

    Just to take a break from my focus on trade, there has been a lot of discussion about how to handle the crisis facing homeowners. I know this will shock everyone but many of the proposals floating around will provide a huge bailout for banks, and not do much for homeowners. So say my […]

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Banks, Not Home Owners, Will Make Out Like Bandits

    Just to take a break from my focus on trade, there has been a lot of discussion about how to handle the crisis facing homeowners. I know this will shock everyone but many of the proposals floating around will provide a huge bailout for banks, and not do much for homeowners. So say my […]

Read the full story

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How Workers Are Losing, Particularly African-Americans

    Here are a few ways clues that show very clearly the hit many workers are taking. The UAW has had to go on strike against American Axle after talks broke down late last night over a new contract. Check out what the company wants 3,600 workers to accept, according to The Wall Street Journal: […]

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How Workers Are Losing, Particularly African-Americans

    Here are a few ways clues that show very clearly the hit many workers are taking. The UAW has had to go on strike against American Axle after talks broke down late last night over a new contract. Check out what the company wants 3,600 workers to accept, according to The Wall Street Journal: […]

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