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Pension fund liabilities are not to blame for Detroit's descent into Chapter 9 bankruptcy protection, according to a report released Wednesday by Demos, a public policy advocacy group. Detroit's bankruptcy was caused by a decrease in tax revenue due to a population decline and long-term unemployment
In the media
Christine Williamson
The best policy measures are those that solve two or more problems at once. So consider this idea: Let's tackle Washington's revenue challenges through tax hikes that mainly hit suburbanites and incentivize urban living. The need for more revenues is clear enough: federal taxes are near a 60-year
Blog
David Callahan
At the new Walmart superstore in the Chinatown district of Los Angeles, a Thanksgiving turkey costs a little over $30 (£19). The shop is kind enough to distribute ready-made holiday shopping lists to its customers, reminding them to buy cornbread mix and cranberry sauce, ground ginger and pumpkin
In the media
Tim Walker
On Wednesday, Walmart workers called out or walked off the job at seven stores in Dallas, according to OUR Walmart activists, the group that has been organizing strikes and protests against the company. The company says that these were not independent actions but the result of activists being bussed
In the media
Bryce Covert
Be careful what you wish for is good advice, and I'll be the first to admit that progressives may rue the day they celebrated historic changes to the Senate's filibuster rules. Like when President Paul Ryan is packing the courts with pro-life judges in 2023.
Blog
David Callahan
Wall Street bankers, bad decisions made by elected officials and the Great Recession should be blamed for contributing to Detroit's fiscal crisis -- not the pensions of workers and retirees.
In the media
Ashley Woods
Walmart is coming under fire for shortchanging its own employees.
In the media
Bernice Napach
Walmart has gotten a lot of bad press this week over news of an Ohio store holding a food drive for its own workers, who were unable to buy Thanksgiving groceries on the retail giant's paltry wages. The store managers deserve credit for their thoughtfulness, but wouldn't it be better if Walmart
In the media
Josh Harkinson
(NEW YORK) – Today, the Senate voted to put an end to one aspect of Washington’s gridlock by changing the rules governing the use of the filibuster for executive-branch appointees and most judicial nominations. Senate Republicans most recently filibustered three qualified judicial nominations to the
Press release/statement
Come Black Friday (which for many big retailers has become a two-day affair starting on Thanksgiving), Walmart will again be facing strikes and protests from workers upset with the corporation's low pay.
In the media
Pat Garafalo