We are changing the conversation around our democracy and economy by telling influential new stories about our country and its people. Get our latest media updates here.
A very different kind of organizing campaign than AFSCME’s is going on in states across the country with a single undemocratic purpose: to keep voters away from the ballot box.
Today, Ben Bernanke announced that the Fed would launch another round of $40 billion dollar a month quantitative easing, a decision that analysts expected after his pessimistic appraisal of the recovery in Jackson Hole last week. Bernanke's not only doubling down on quantitative easing, but, unlike in past rounds, the program will be open-ended. The Fed's pledged to continue purchasing until the recovery strengthens.
Here’s one especially for the folks who, while vehemently attacking the Chicago teachers’ strike, insist that they generally love and support organized labor. Warehouse employees in southern California would greatly benefit from your outpouring of solidarity.
A common perception of the upcoming presidential election is that it will pivot on whether voters credit the recent uptick in employment as indicative of an economic turnaround, and thus support the President. Or whether they view record unemployment as a sign that a new approach to the economy is called for, even if the downward trend has been arrested.
This is consistent with academic models of presidential elections in which high unemployment at election-time, at least in the past, has predicted defeat for the party in power.
A new report from the World Business Council for Sustainable Business details the importance of environmental accounting. As the report highlights that while every business depends on ecosystems, these resources are being rapidly depleted. The impact that resources depletion has on businesses is multi-layered:
Accurately described as "One of the Worst Ideas from Congress in Decades," plans to advance the Independent Regulatory Analysis Act were this week delayed until November by the Senate Committee on Homeland Security and Governmental Affairs.
A study by Demos, a liberal research center, found that a median-income couple that invested in 401(k)’s for 40 years with fees averaging 1.6 percent a year would achieve $354,850 in assets at average savings rates, but only after paying $154,794 in investment fees.
The new Census data on poverty is out and it's filled with all the usual depressing facts. Fifteen percent of Americans live below the poverty line -- an official threshold which itself is laughably low and detached from reality. More accurate measurements have long found that a greater share of Americans are experiencing serious economic hardship than government statistics imply.
The Census data released today reinforces that reducing poverty should be a national priority. The headline? From 2010 to 2011 official poverty rate remained flat at 15%. That's better than many analysts expected, but it's still a pressing problem.