Working Life

   I don’t want to overstate this but it does make me a bit concerned when I look at the face of the economic transition team. Not a single labor leader was standing behind the president-elect at his first press conference. Here is the list: David Bonior (Member House of Representatives 1977-2003) Warren Buffett (Chairman […]

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  It’s not a hard intellectual or political lift to say that a President Obama would be leaps and bounds much better for working people than John "Third Bush Term" McCain–partly because the bar has been set so low in the past eight years. But, it’s worth being clear-eyed about what we can expect.   […]

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   Other people are feeling the pain, so says The Wall Street Journal: The global economy — which had long remained resilient despite U.S. weakness — is now slowing significantly, with Europe offering the latest evidence of trouble. On Thursday, the European Union’s statistics agency said gross domestic product in the euro zone contracted 0.2% […]

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   I am not surprised by this but it makes me wonder why there is this general whispering campaign that critics of Sen. Obama’s economic proposals should keep quiet. The Wall Street Journal this morning: The campaign for the CEO vote is heating up. With increasing attention on the economy, the presidential candidates are trying […]

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   I’m going to have more to say on this topic in the coming days. There has been a controversy brewing in the past couple of days while I’ve been out of pocket (sort of) and here’s the upshot: WASHINGTON — Labor union officials and some liberal activists were seething Tuesday over Barack Obama’s choice […]

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  I keep thinking that there will be a limit on how far thinking people will go to turn a blind eye to the death and misery brought to us courtesy of so-called "free trade". But, lo and behold, every day brings new wonders at the capacity of our government, and its servants in the […]

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    More news today: The economy shed 80,000 jobs in March, the third consecutive month of rising unemployment, presenting a stark sign that the country may already be in a recession. Sharp downturns in the manufacturing and construction sectors led the decline, the biggest in five years. The Labor Department also said employers cut far […]

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    Readers of this blog know that I have been pointing out for a long time that the majority of Americans have been in recession for a long time–it was partly masked by the housing bubble, which allowed a lot of people to pull out a whole bunch of cash from almost under the mattress […]

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    This morning, Sen. Obama is scheduled to give a major address on the economy. Yours truly is scheduled to appear on CNBC’s "Power Lunch" (hey, I didn’t come up with the name) at 1:20 p.m. (Eastern Time). I may not have a chance to post the entire speech here before the CNBC gig but […]

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    Yesterday, I observed the bizarre proposal by Sen. Clinton to hand over fixing the economic mess we’re in to the very people who helped create the mess (well, actually, for most workers we’ve been in an economic mess for a very long time–but you’all know that). I wasn’t trying to pick on Sen. Clinton […]

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