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The $787 billion economic stimulus program, which has now largely expired, helped avert an economic meltdown that was poised to rival the Great Depression. Despite public skepticism about the program, that was the conclusion of a detailed analysis by the nonpartisan Congressional Budget Office. At the outset, however, economists were warning that the stimulus program was far too small to offset an aggregate demand shortfall estimated at upwards of $2 trillion.
In a misguided effort to shore up his reputation with business, President Obama’s recent decision to suspend proposed ozone standards will ultimately result in higher overall costs for the country. The decision also furthers the false notion that we must choose between job creation and environmental protection.
Today, on the morning of President Obama's jobs speech, the national policy center Demos published a new study detailing how the job losses of the Great Recession are intensifying the threat to America's middle class, which was already struggling after decades of economic stagnation, slow wage growth and rising costs.
Distinguished Senior Fellow and president of CivWorld and the Interdependence Movement Ben Barber recounts his whereabouts on 9/11 and explains why borders don’t matter anymore.
In their new book, "Good Jobs America: Making Work Better for Everyone," Paul Osterman and Beth Shulman argue that the United States needs to worry about not just creating millions more jobs but also ensuring that the jobs are good ones.
In a victory for voting rights, a decision issued September 7, 2011 by Massachusetts Attorney General Martha Coakley has denied certification to a proposed ballot initiative that would impose restrictive requirements for photo ID in Massachusetts elections.
The decision rests on Article 9 of the Massachusetts Constitution, which guarantees “the freedom of elections.” The certification ruling likens the ID requirement to a poll tax because the proposed law makes no provision for qualified voters to obtain state-issued identification without paying a fee.