Archive
Percolate-Up Economics
Washington keeps handing massive bailouts to Wall Street giants and multibillion-dollar annual subsidies to Big Oil. Those giveaways certainly boost the 1-percenters’ bottom lines, but they do nothing to perk up America’s grassroots economy. And that’s not only where the rest of us live and work, it’s the only place that can generate real national prosperity.
Hellish Working Conditions
The Race to the Bottom
Is the love of money the root of all evil? OK, so Jesus may have played down bigotry and megalomania when he said that, but overall his observation holds true 2,000 years later.
The Lineup: Week of August 20-26, 2012
Fix the Minimum Wage
In most states, working full-time in a minimum-wage job pays $7.25 per hour. That’s just $15,000 a year for full-time work. It’s not enough to live on. In fact, a breadwinner for a family of four earning the minimum wage would be a full $7,000 below the federal poverty line.
Washington, Are You Listening?
Patrick Pylvainen grew up in a small town outside Minneapolis. The Minnesotan college student has seven siblings, so he borrows money for his tuition — Stafford loans from the federal government, plus loans from private banks that require interest payments while he’s still in school. Now, those more affordable federal loans are in jeopardy.
Avoiding a 21st-Century Dust Bowl
Mother Nature found a cruel way to demonstrate the difference between political rhetoric and reality when this summer’s record-breaking drought coincided with the writing of a new U.S. Farm Bill.
David Barton’s Make-Believe Version of American History
David Barton, a self-styled Christian historian who claims to debunk left-wing myths about America, is sure of it: If you studied the Founding Fathers like he has, you would know that “as far as they were concerned, they had already had the entire debate on creationism and evolution.”
We’re All Subsidizing Free Lunches for America’s CEOs
A generation ago, on National Secretary’s Day, America’s top corporate executives used to take their prized office assistants out to lunch. Times change, and National Secretary’s Day has become Administrative Professionals’ Day. But something else has changed. These days, CEOs are getting the free lunches. Secretaries and all the rest of us are picking up the tab. And not at Burger King either.
Romney Runs away from his Running Mate
Poor Paul Ryan — he successfully rammed a budget bill through the U.S. House of Representatives that gutted Medicare, thus earning him the undying adulation of the far-right Republican fringe, whose unrestrained enthusiasm for him compelled Mitt Romney to name the Wisconsin Republican as his vice presidential nominee.
