Given the colossal damage the big banks have wreaked, and the systemic flaws this scandal has exposed, Congress is not responding with the requisite vigor.read more
It’s no mystery that work in America just isn’t working — not for the millions of unemployed men and women, or for those stuck working longer hours at lower pay.read more
The stimulus money has not benefited those who need it the most. Only a tiny fraction of the funded projects has gone to minority contractors and businesses — 5.9 percent, according to the Insight Center for Community Economic Development.read more
“If the economy is not lifting wages, adding jobs, incomes, lifting everyone who wants to work, it’s not a recovery from our perspective,” says Jared Bernstein.read more
Reid and Obama talk about the unemployed. But those words amount to just crocodile tears since they have the power to do something about this but choose not to do so.read more
Keeping millions of productive workers in the shadows and off government records is costly, has failed to curtail immigration, lowers the wage threshold for all workers and minimizes immigrant contributions to the economy.read more
President Obama has not responded adequately to the crisis. He came in with too timid a stimulus package. He reacted feebly to the housing crisis. He reacted obsequiously to the banking crisis.read more
As the country’s middle class vanishes before our very eyes, now is the time to deal with the student loan crisis. It’s wrong to let more people needlessly suffer under the weight of oppressive debt simply because they tried to get an education.read more