Media

Hurricane Irene may not have lived up to all the media hype, but it still did billions of dollars in damage. Some analysts say cleaning up the mess will boost Gross Domestic Product for the second half of 2011. These estimates are surely correct – and remind us why GDP is such a perverse way to measure economic progress.

NEW YORK- As Labor Day approaches - and with President Obama's much anticipated jobs plan to be announced shortly - the national policy center Demos is illuminating America's severe jobs crisis with "America Can Work Better" week, which begins with a post from Demos Distinguished Senior Fellow Bob Herbert.  Through a package of info-graphics and commentary, "America Can Work Better" will clarify the root causes of America's jobs crisis; analyze chronic unemployment among American youth; dispel myths about "job-killing regulation and taxation;" and offer some real-

Oregon's middle class is fraying, with well-paying jobs in short supply and the cost of raising a family dramatically increasing. That's the assessment of a major report released today by the Oregon Center for Public Policy and Demos, a New York City-based research and advocacy institute.

"The American Dream is vanishing before our eyes," explained Demos Distinguished Senior Fellow and former NY Times columnist Bob Herbert. "Sadly, Oregonians who work hard and play by the rules can no longer expect to provide a decent life for their families."

A Silverton think tank said Tuesday that Oregon's middle class faces big issues in coming years.

The Oregon Center for Public Policy, in a report called The Fraying of Oregon's Middle Class, contends that well-paying jobs are in short supply as the cost of maintaining a family continues to increase. The center compiled the report with New York-based researcher Demos.

The biggest domestic policy failure has been the refusal of top officials in the White House and in Congress to recognize the severity of the employment crisis that has settled like a plague over American workers.

Most American workers have had the legal right to join unions for 76 years. So you might not think letting people know about that right would be controversial, especially when the information is conveyed by yet another poster in the employee break room or office, next to the one that says you can’t make 14-year-olds work in coal mines and that the federal minimum wage is $7.25.

That the world's first government to back a plan that "regulates the creation and trade of carbon credits from farming and forestry" should be Australia's is no surprise.

Reckless speculation on Wall Street -- which helped cause the financial crisis and Great Recession -- is a big reason why budget deficits have spiralled skyward since 2008, so it's only fair that Wall Street do its share to reduce these deficits.