Working Life

The bankers and other elites who were behind the global financial crisis are still out there making a whole lot of money — so the system has not really changed much. The message has been: hey, screw millions of people, no problem, go right ahead and keep your jobs. But, a smidgen more of this might help.

Read the full story

It is a waste of time to jump up and down and scream about the ludicrous nature of the Republicans “ideas” about the economy, and, specifically, the proposal put forth by John Boehner regarding the phony debt and deficit “crisis”. These people are nuts and, worse, they either lie or are ignorant about the facts when it comes to the economy. So, it’s more important, in my humble opinion, to ponder the proposals floated out there by people who claim to be representing the “left” or “center” and, even more astonishing, “the last good economy”.

Read the full story

   Oh, no. Here we go again. We’ll have to endure yet another round of Clinton nostalgia: In the book, titled “Back to Work,” Mr. Clinton will make the case for why government matters, explaining his ideas on energy, job creation and financial responsibility, his publisher said Thursday.    You mean we’re going to get […]

Read the full story

    I am perplexed by the storm of criticism leveled at Standard & Poor’s. Don’t get me wrong–that S&P, or any of the ratings agencies, is even taken seriously is a monumental farce, given their role in the financial crisis.   But, we’re missing the point:   It is a mistake to solely blame the […]

Read the full story

Last week, I posted a piece, suggesting that the current crisis was really about us and the lack of a movement, not about Obama. A number of people reacted, in emails to me, particularly about the Three Grand Myths–and, over the weekend, I heard yet more nonsense on the Three Grand Myths theme. So, I […]

Read the full story

    The anger against the president that has been rocketing around many circles of liberal/progressive politics is misplaced.     The crisis we face isn’t about what the president is doing, or failing to do.     We are under siege, fighting the greatest class warfare in perhaps 100 years. And we can expect very […]

Read the full story

   Happy Days are here again, folks–uh, for the corporate bottom line. The people: not so much. Profits are up big time: While the U.S. economy staggers through one of its slowest recoveries since the Great Depression, American companies are poised to report strong earnings for the second quarter—exposing a dichotomy between corporate performance and […]

Read the full story

     Forget the criminals on Wall Street. What is more telling, troubling and almost bizarre is how quickly the chattering classes and political power brokers have shaken off the stain of the financial crisis, inviting back to center stage some of the very people responsible for destroying trillions of dollars in wealth and costing millions […]

Read the full story

The jobs crisis is really devastating. We all know the numbers on how many people are out of work. But, the truth is that just calling for more jobs is not enough–because what we lack in the country is GOOD-PAYING JOBS. And wages are not coming back.   The Wall Street Journal reports what many […]

Read the full story

So-called "free trade" is part of the relentless class warfare under way in America. And the so-called "free trade" deal with South Korea is no exception. That said, a lot of the shallow criticism of the UAW’s support for the deal is–well, shallow. Here’s my view about how we should engage the UAW–my union–via an […]

Read the full story