Working Life

    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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   My head hurts every time I read about the phony crisis about the debt and the deficit–whether it be the idiotic headlines bowing down to the rating agencies’ hand-wringing (the same bozos who did such a good job blessing the financial instrument trash churned out by Wall Street) or the daily headlines about a […]

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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 never ends. The robbery of the great wealth of the nation. The Audacity of Greed of the CEO class is never quenched. On Friday, I wrote about the huge pay increases sweeping through the CEO class in the financial community. It’s a cancer that is spreading again everywhere. Let me start with this […]

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   The answer is no, I’m not surprised. But, we must never lose the sense of outrage or simply shrug because "it’s just the way it is". Never. The absolute Audacity of Greed has to be challenged every moment.    In the Financial Times today: Jamie Dimon underlined Wall Street’s return to health after the […]

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   I know there is an obvious answer to this question: does the Chamber of Commerce ever stop lying? Since you’ve answered that yourself, let’s consider for a moment the most immediate lie–and the truth about the economic reality facing most working people.   There is, as we know, a concerted effort by Republicans and […]

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   We’re back to a familiar problem–and that’s partly a result of the lack of leadership in the country on the issue of jobs. The jobs crisis is so acute and people feel that political leaders aren’t responding so we get this: The Obama administration’s environmental agenda, long a target of American business, is beginning […]

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   The "economy is recovering" voices are clearly their throats again: The nation’s employers added 192,000 jobs in February, up from a gain of 63,000 the previous month, the Labor Department reported on Friday. While February’s number represented the fastest growth in nearly a year, it was partly the result of a bounce back from […]

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Sometimes, I wonder whether we all live in a grand farce. But, actually, it’s a real-life story about a robbery of the people that continues every day–and today is no different. The robbers grow richer.   From The Wall Street Journal a story headlined: "On Street, Pay Vaults to Record Altitude": When it comes to […]

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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 […]

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