Working Life

Putting aside the noise that rumbles from the Boehner-McConnell-Fill-In-The-Blank Republican divorced-from-reality view of the economy, who rail about job-killing taxes/regulation/voodoo, the far bigger threat to jobs right now hails from the halls of the Federal Reserve Board. It could, within weeks or months, guarantee that hundreds of thousands of people won’t have a job, and reawaken the deficit-mongering crowd’s call for cuts in government that will hurt millions more.

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Typically, it doesn’t happen with a crash. Nope, more like a slow slide–until it’s too late to avoid a really bad economic picture that hurts millions of people. And at least someone is warning of the slide.

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Today, I’ve been attending this conference, “Employment and Decent Work for Inclusive and Sustainable Development”. A little nugget and perhaps an obvious revelation came midway through the conference.

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This is sort of the tree falling in the woods analogy — if you grow but there isn’t work, did you know you grew?

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    Meanwhile, as we are subjected to the foolish efforts by Democrats to cut pensions for workers, over in Geneva there is some serious talk about the social crisis underway worldwide. Via the meeting of the International Labor Organization, thousands of people from around the world are talking about the grand crisis ripping throughout the […]

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    The bad news will keep pulverizing your grey cells: housing prices sliding, stock markets weak, bond yields in the toilet, the dollar down (which I actually have argued is a good thing)…     But, do not make the mistake of thinking that means that companies are lacking for money. Nope. Times are […]

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    Over the next 18 months, brace yourself for a lot of hand-wringing about the economic crisis we’re in. Every so often, we’re going to be told the "recovery" is just around the corner.  Oh, let’s be clear: the worries will have NOTHING to do with what is actually happening to PEOPLE. It will have […]

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   A few days ago, I took part in a meeting organized by the AFL-CIO to launch a new publication called "Exiting From The Crisis"–a roadmap for a new global economy. The main speaker at the small meeting was Joseph Stiglitz. He outlined some great points and realities about the economic crisis with the bottom […]

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It is still very grim out there for those people who want decent paying work. Not just a job–but a job that pays a fair wage. Today’s numbers make even more clear–we need a Job Party.   I’ll talk about the Job Party a bit more. But, first, let’s look at the numbers: While the […]

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This is the truth about the economy–not the truth embodied in the "green shoots" that various people are trying to look for. The truth of the real lives of real people: two jobs just doesn’t make enough work to survive. Actually, it’s plenty of work–way more work–than a single individual should have to do. But, […]

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