Posted on 02 September 2006.
As Labor Day approaches, almost every day you can read about the class warfare–yup, I said it–underway in the country. I pointed this out yesterday. Today, Paul Krugman has a column called The Big Disconnect: There are still some pundits out there lecturing people about how great the economy is. But most analysts seem to […]
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Posted on 31 August 2006.
I wonder why workers aren’t feeling optimistic per these polls? Hmmmm…wages not going up as fast as productivity, pensions disappearing, no health care, debt at an all-time high? Three Polls Find Workers Sensing Deep Pessimism By STEVEN GREENHOUSE Three new opinion polls released yesterday found deep pessimism among American workers, with most saying that wages […]
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Posted on 31 August 2006.
Hate to say “I told you so” but the darkening signs in the economy are growing. The New York Times reports that consumer confidence has dropped: Americans are more pessimistic than they have been all year about the state of the economy, according to a new report that reflects a widespread view that a period […]
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Posted on 29 August 2006.
The Wall Street Journal reports today that DuPont is going to severely cut back its pension plan for workers, even though the company remains profitable and its pension plan is in sound shape. Welcome to the new world: DuPont Aims to Slash Pension Plan Benefits Will Be Reduced By Two-Thirds After 2007, Eliminated for New […]
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Posted on 28 August 2006.
For a long time, a number of people–the Economic Policy Institute and yours truly–have pointed out that workers have not been getting much out of the rise in productivity. Today, The New York Times wakes up to that phenomena with a front-page story: With the economy beginning to slow, the current expansion has a chance […]
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Posted on 27 August 2006.
Sometime ago, I wrote about the phenomena of the ties Democrats have to Wal-Mart. I still believe Democrats have no business cozying up to a company that is doing such damage to our country. But, Wal-Mart certainly isn’t giving up, as The Wall Street Journal reports. I’m reprinting the article, with some cuts (snips), because […]
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Posted on 26 August 2006.
Good news on the turning-back-the Beast campaign–Wal-Mart has dropped its plans to open a store on Staten Island. While the real estate company that said it would develop the site claims it dropped the idea because of the costs to remove toxic chemicals, it’s more likely that Wal-Mart did not want to face the coalition […]
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Posted on 25 August 2006.
This isn’t surprising and something I’ve written about over the years. I’ll come back to this asap–when I’m not under the gun–but I thought people would want to read this, if you haven’t seen the report: Washington, D.C.: An analysis of the nation’s most important labor-market survey concludes that official estimates of the number of […]
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Posted on 24 August 2006.
Heck, if Kerry had the brains to attack George Bush’s swiftboat crowd this way, he would be president–after Herman Cain, a member of a Wal-Mart front group, wrote a column for a right wing website likening Democrats to Hezbollah terrorists, Kerry had this to say: “I won’t stand for the ‘Swiftboating’ of working people and […]
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