The Bureau of Labor Statistics released their June employment report today, and almost all of the findings recorded in the report were awful. Unemployment is up to 9.2 percent, more than 0.4 percent higher than it was two months ago. This puts the total number of unemployed people — a term which only includes those… Continue reading Enormous productive potential being wasted as unemployment creeps higher
Author: Matt Bruenig
Medicaid study provides support for the program
It almost goes without saying these days that America’s approach to providing health care is totally dysfunctional. The United States spends more money than any other country in the world while simultaneously insuring fewer people than every other industrialized nation. Meanwhile, it delivers poor outcomes, and the World Health Organization famously ranked it 37th in… Continue reading Medicaid study provides support for the program
Good labor news for once: Connecticut mandates paid sick days
Connecticut Governor Dannel Malloy announced Tuesday that he had signed into law a bill which requires employers to provide paid sick days to their workers. The bill is the first of its kind in the country. Under the new rules, firms with 50 or more employees are required to provide their workers one hour of… Continue reading Good labor news for once: Connecticut mandates paid sick days
NEA plays the least worst candidate game in Obama endorsement
The largest teachers’ union in the United States, the National Education Association, voted over the weekend to endorse President Obama’s 2012 reelection bid. This last year has proven perilous for teachers across the country as primarily Republican-led attacks have sought to strip them of their collective bargaining rights, and blame them for the budget shortfalls… Continue reading NEA plays the least worst candidate game in Obama endorsement
What Madison had in common with Marx
Today is the 235th anniversary of the American Declaration of Independence. In the political sphere, the Fourth of July is usually a time for trumpeting the perceived greatness of America. Those more nationalistically inclined take the opportunity to repeat various facets of the standard American Exceptionalist line. Whenever the booming proclamations of American perfection are… Continue reading What Madison had in common with Marx