Economy and Business

The Rich are Raking it in, so Where are the Jobs?

The Rich are Raking it in, so Where are the Jobs?

Ah, Labor Day, the holiday when we honor Organized Labor. You know, unions and stuff like that. Yes, there’ll be picnics and speeches detailing the enormous contribution unions make to our nation’s prosperity. Political candidates will extol the virtues of the American worker and…

read more
How to Make the Super Congress Open and Accountable

How to Make the Super Congress Open and Accountable

The hurriedly passed Budget Control Act raised the nation’s debt ceiling and made some efforts to reduce the deficit. The law also demands that Congress reduce the deficit another $1.2 trillion through spending cuts and additional revenue. The power to choose how those reductions will be made will be concentrated in the hands of the 12 members of the Joint Select Committee on Debt Reduction, nicknamed the “Super Congress.”

read more
Can’t Anybody Here Play This Game?

Can’t Anybody Here Play This Game?

With the economy foundering like a man overboard in heavy seas, we’ve attempted to rescue it by throwing it an anchor. We’ve put productive public workers on the street in the name of fiscal prudence. We’ve backed away from the building of the roads, bridges, and other public works vital to a vibrant economy. We’ve cut back on our investment in public education, stunting the best hope for future prosperity.

read more