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Here we go again: Financial markets are plummeting thanks to the threat of a government shutdown and, beyond that, another debt ceiling crisis. One of the great bull markets of recent years is being derailed by a bunch of extreme conservatives in Congress. But Wall Street shouldn't just blame the
Blog
David Callahan
The drive for deregulation during the 1970s found support among Democrats and Republicans alike. And I don't just mean centrist Democrats, by the way. Many liberal Democrats favored deregulation in the face of evidence that elaborate forms of red tape favored monopoly-like corporations and prevented
Blog
David Callahan
For some recent college graduates, this fall’s back-to-school season marks the beginning of the back-to-living-at-home stage of their lives. But with careful financial planning, that stage doesn’t have to last long, advisers say.
In the media
Maria LaMagna
WHAT: Press call about upcoming SCOTUS Case McCutcheon v. FEC featuring NAACP, Sierra Club, Communications Workers of America, People For The American Way Foundation, Greenpeace, Main Street Alliance, OurTime.org, Rock The Vote, American Federation of Teachers, Working Families Organization, U.S
Press release/statement
Philadelphia Council authorized a public vote on Bill 130532 last Thursday. The bill amends the city charter to provide better wage protections and benefits for subcontracted city workers. The referendum will appear on the Spring 2014 ballot. Council supported this item unanimously. According to
Blog
Jack Grauer
The Census Bureau has steadfastly resisted calls to end the practice of counting inmates as “residents” of their prisons instead of the cities and towns where they lived and to which they typically return. The bureau’s new director, John Thompson, seems at least open to ending this wrongful practice
In the media
The Editorial Board
Americans are coming to face the hard reality that they live in a new Gilded Age, with inequality at levels not seen since before the Great Depression. Even worse: Uncle Sam is subsidizing this lopsided economy.
In the media
Delano Wingfield, 22, has been grilling up food and cleaning dishes at Roti Mediterranean Grill in Washington D.C.’s Union Station for almost a year. Struggling to get by on $9 an hour, he started encouraging coworkers to strike with him. His manager found out, he said, and slashed his hours. “It
In the media
Claire Gordon
In a speech last July, President Obama vowed that “whatever executive authority I have to help the middle class, I’ll use it.” On Wednesday, an estimated 175 workers who serve food, sell mementos or do maintenance work in federal buildings in Washington D.C. went on strike for the day. Instead of
In the media
Teresa Tritch
America's huge income gaps are routinely described as inavoidable, thanks to large structural forces like globalization and technological change. Skilled labor has become worth more, unskilled labor is worth less, and that's that. Of course, though, we know that story is incomplete. Any number of
Blog
David Callahan