Media

In an economic address last year, President Obama declared that his highest priority would be addressing economic inequality and reversing the long erosion of middle-class security. “Whatever executive authority I have to help the middle class, I'll use it,” the president announced. He wasn’t kidding.

Anyone who wonders how employers managed to so completely rig the labor market in their favor should familiarize themselves with the research of David Weil, a professor at Boston University who's been nominated by President Obama to lead the Wage and Hour Division at the U.S. Department of Labor.

The unprecedented bankruptcy proceedings for Detroit lay bare the witch’s brew of fiscal devastation caused by the Great Recession and poor policy decisions that plague state and local governments throughout the land.

A recent ProPublica article points to a number of pending lawsuits aimed at restoring key federal protections against racial voting discrimination. Up until last summer, certain states and jurisdictions with histories of preventing African Americans from voting were forced to have all election changes cleared by the federal government before implementation.

A coalition of progressive groups on Thursday formally began a new campaign aimed at curbing rising student debt and reducing the price of college.

The group of think tanks, student organizations, consumer advocates, and unions is targeting the country’s “increasingly dysfunctional system of higher education,” said Anne Johnson, executive director of Generation Progress, the youth division of the Center for American Progress, which is an organizer of the campaign. [...]

Whenever new jobs data is published, as it was today, I take a quick look at the unemployment rate for construction workers. No group of workers got whacked harder by the housing crash and financial crisis, and it's only when these people are back on their feet can we say that the worst is over.

Economist Kenneth Boulding famously said, “Anyone who believes exponential growth can go on forever in a finite world is either a madman or an economist.” But it's not just economists who believe that anymore. Such ideas are still widely accepted by thought leaders, journalists, and politicians who, together, form a strong consensus that the U.S. recovery should be bolstered by natural gas exploration and production.

Biola Jeje, 22, graduated Brooklyn College last May with a degree in political science and a mission: Force lawmakers to address the $1.2 trillion student debt crisis. [...]

Jeje left college with $9,500 in student loans, less than half the $29,400 national average for four-year college graduates. She and her fellow activists are mobilizing support to march on Albany, New York state’s capital, to deliver a message to legislators. [...]