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The U.S. Bureau of Labor Statistics (BLS) released the first ever survey of green jobs today with some very promising numbers. In 2010, 3.1 million jobs were Green Goods and Services jobs (GGS) with 2.3 million in the private sector and 860,300 in the public sector. These numbers are even higher than the Brookings Institution estimates released last fall. Brookings estimated that 2.7 million people were employed in the green economy.
Warren Buffett once referred to derivatives as "financial weapons of mass destruction" created by "madmen." Real WMD have rarely been used. However, derivatives are used quite a lot, a $600 trillion per year market dominated by a narrow oligopoly of mega-banks. It appears that Italy got hit by the derivatives WMD in January.
State governments are in for a rough year, according to a recent report from Center on Budget and Policy Priorities. "For fiscal year 2013, the fiscal year that begins July 1, 2012, 29 states have projected or have addressed shortfalls totaling $47 billion."
TheWall Street Journal ran a disingenuous and misleading opinion piece on Sunday evening titled "The Corporate Disclosure Assault," arguing that “[u]nions and liberal activists are using proxy rules to attack business political speech.” The piece—exactly like the undisclosed corporate money it’s pandering to—doesn’t even have an author listed.
Sounding the alarm about climate change has long been an uphill battle because its effects can seem remote or too far in the future. Even if the planet is warming, skeptics say, how do we know that human activity is the cause and why should we care?
Every year, though, comes more concrete evidence of why we should care as the very real costs of climate change start to kick in.
The International Monetary Fund’s former chief economist recently described one of the world’s leading economies as fundamentally unsound because the political process is captured by financial firms. But he wasn’t talking about just any banana republic. He was talking about the U.S.A.
Progressives are endlessly disappointed by opinion polls that show that a large majority of Americans don't trust government. Indeed, public trust in government is now at a historic low.