Jobs Emergency

It’s been two years since the Lehman Brothers collapse set off a global financial meltdown. The government bailed out big Wall Street banks and they’re now making bumper earnings. Major corporations are sitting on $8 trillion in cash reserves, the biggest...
Killing Jobs is Bad for Business

Killing Jobs is Bad for Business

Corporate America loves layoffs. No matter the cost to the affected workers, many investors see job cuts as an encouraging sign that CEOs are making the tough decisions necessary to make their company “lean and mean.” It’s striking that CEOs are...

Happy Birthday, Social Security

Social Security, created by FDR in the midst of the Great Depression, recently turned 75. If she were a person, this 75-year-old would probably appreciate the monthly check, which keeps 13 million elderly Americans out of poverty. Myself, I’m several decades...