Economy and Business

Promoting Unemployment

Promoting Unemployment

Mitt Romney says President Barack Obama should be fired because he failed to fix the economy. This reminds me of the classic practitioner of “chutzpah” — the man convicted of murdering his mother and father who throws himself on the mercy of the court as an orphan.

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A Congressional Report Card for the 99 Percent

A Congressional Report Card for the 99 Percent

Lots of Americans today are watching how members of Congress go about their business. Environmentalists and electrical workers alike keep track of key congressional votes. So do retailers and farmers. Even poker players are following how members of Congress rate on the issues that hit home.

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A Vanishing Act for Good Jobs

A Vanishing Act for Good Jobs

Ashley Brown wants to be a bank teller. When I met her this past spring, the 26-year old single mother was cold-calling banks and credit unions, looking for one that might hire her. So far, she’d had one interview and a lot of unfriendly brush-offs. No offers.

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Poor Visibility

Poor Visibility

If you listen to the experts, the presidential election comes down to one thing: the economy. The job market is awful, and both of the major party candidates talk a lot about what they propose to do to strengthen the middle class. 

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We Won the War on Poverty, then Lost the Peace

We Won the War on Poverty, then Lost the Peace

When President Lyndon B. Johnson declared a war on poverty in January 1964, the poverty rate was over 19 percent. By 1972 it had fallen to less than 12 percent, and it stayed there for most of the 1970s.

Anyone who says we lost the war on poverty is flat out ignoring these numbers. We won the war on poverty. What we lost was the peace.

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