Amid all the uncertainty about Donald Trump’s presidency, his admirers are sure of one thing: The economy is booming, and it’s because of him. We are riding a mighty wave of prosperity driven by his tax cuts, deregulation and business savvy. The enthusiasm is contagious. “I’ve really liked what he’s done for the economy,” marveled […]
Donald Trump’s promise to “bring back coal” — a madly Faustian bargain on a warming planet — may well have swung some Rust Belt states his way, as John Oliver suggests. But his administration’s claims to have fulfilled that pledge with “50,000 new coal jobs,” ironically articulated by EPA administrator Scott Pruitt, are simply lies. […]
Bubbling beneath today’s comic-book politics are threats to American workers that have nothing to do with people or things coming over the border. Robots and artificial intelligence are nipping at the heels of not only blue-collar workers but also white-collar professionals who assumed that a degree would keep them several steps ahead of the machines.
While Donald Trump is hectoring China over subsidies to steel and other smokestack industries, China is shoving government money into production of solar panels. China is also hot to dominate the manufacture of electric cars and the batteries that go in them. Our conservatives, meanwhile, are sniping at Tesla.
The job guarantee asserts that, if individuals bear a moral duty to work, then society and employers bear a reciprocal moral duty to provide good, dignified work for all. It would finally make real the ideal, stated in Franklin Roosevelt’s “Economic Bill of Rights,” that every American possesses a “right to a useful and remunerative job” and “to earn enough to provide adequate food and clothing and recreation.” Not a paternalistic aid, and not some tribute to aristocratic virtue, but a right to be claimed and exercised
U.S. employers boosted hiring in November adding 178,000 jobs last month. As a result, the unemployment rate dropped to a more than nine-year low of 4.6 percent.
New restrictions in the federally funded food stamp program have begun affecting hundreds of thousands of needy families throughout America, as revived rules designed to incentivize people looking for work result in the loss of benefits for 500,000 to 1 million people in 21 states.
In March of 2016, President Barack Obama’s approval rating is around 51 percent, a three-year high, with a 4.9 percent unemployment rate, an eight year low.
President Barack Obama jetted Wednesday to an American city whose economic revival mirrors both the U.S. economic comeback under his watch and the often negative perception of it.
The truth is there’s not much you can say to bum out your new uncle-to-be who’s wearing the “Make America Great Again” hat. But for any relatives who aren’t immune to facts, you can mention these five points.
Republicans need to believe that Barack Obama is a failure on par with George W. Bush and nothing you say will change that. But if politics come up at Thanksgiving, make these points for the benefit of your relatives who are not immune to facts.
I recently was told that my job was going to be eliminated after nearly 20 years. While I found a new position and am moving on, the whole process was very impersonal and felt unfair. But what would have been fair to expect?
The new data marked the smallest two-month gain in employment in over a year, could fuel fears that the China-led global economic slowdown is sapping America’s strength.
In the past, a recovering economy usually meant rising labor participation as more people gained confidence and got off the sidelines and into the job market. But not this time.
Rand Paul’s flat tax, a “new idea” from 1983, would worsen inequality, raising the burden on the poor and middle class while benefiting the very rich.
Obama’s job record is outstanding and continues to smash the idiotic economic predictions promoted by Republicans.
With their strange urge to ruin the transportation systems that made America the world’s strongest country, the Tea Party is more like a Termite Party.