Let's check out some numbers. There are, right this very moment, more than a billion computers worldwide. Two hundred million televisions were sold is 2009 alone. Eight million dashtop GPS units were purchased in 2008. One hundred and ten million digital cameras were sold in 2009. Apple blew out 20 million iPods in just the first quarter of that same year.
But a national debt of more than $14 trillion makes us vulnerable because our economy is the wellspring of our military might, as well as the happiness and self-confidence of a fully employed people.
Wherever the final line is drawn, Democrats appear willing to accept a deal close to Republican leaders’ original plan. White House aides say that such a deal could pay political dividends when the bigger fights start because the agreement would establish the president as the most reasonable politician in Washington. Progressives are not happy, however, even if Democrats are able to remove controversial GOP policy riders, such as those that eliminate funding for Planned Parenthood and hamper the implementation of the health care law.
The state attorney general wants federal regulators to take enforcement action against the Indian Point nuclear plant for what he called the company's failure to comply with fire safety requirements.
"In the wake of Japan's crisis, our country's nuclear facilities should be bolstering their safety measures, yet Indian Point is looking to weaken its precautionary measures," Attorney General Eric Schneiderman said Monday.
ALBANY — Cleanup of hard-hit areas in New York from Tropical Storm Irene is expected to take months because roads and bridges have to be rebuilt, farms restored and infrastructure reconstructed.
While experts say the flooding was impossible to prevent, the storm that ravaged upstate wasn't initially expected because most of the original focus was on New York City and its suburbs, which ultimately didn't get hit as badly as rural areas.
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Here's one more reason to be puzzled by the GOP's animus toward green jobs: It turns out that the clean economy is disproportionately fueling economic growth and opportunity in states that tend to send Republicans to Congress -- states that are also struggli
The public is overwhelmed by budget deficits, shrinking public supports, and the inability of its government to compromise. In this climate, so-called minority issues seem like a distraction. But black and Latino men between the ages of 16 and 24 are profoundly more likely to be poor than whites, more likely to be unemployed or the victims of violent crime, and less likely to graduate from high school.
Today, the U.S. House Committee on the Judiciary passed, on a party-line vote, one of the most sweeping attacks in decades on government protections.
The Rules from the Executive in Need of Scrutiny (REINS) bill would require that any major regulatory rule issued by a federal agency be affirmed by a majority vote in both the House and Senate. The vote would have to take place within 70 days.
Their employment prospects are dim, their debt is high, their lives are on hold and a stunning number are living with their parents, even into their 30s.
The jobs crisis and rising healthcare costs have left millions of young Americans without healthcare coverage but the health reform law is turning things around, according to a new report from the liberal groups Demos and Young Invincibles.
White youths are more pessimistic about their economic future than young minorities, though black and Hispanic youth are more likely to be in a worse financial position right now.
As President Obama dusts off his 2008 theme of “hope” in anticipation of his reelection campaign, he has a problem to get around: Among young voters, one of his most crucial constituencies, hope is, like, so yesterday.
I wrote last month about how the economy could shift the youth vote more toward a GOP candidate. A report out today by Young Invincibles and Demos, called "The State of Young America," finds that even though young people are still optimistic about their future, they are the first generation to be worse off than their parents in many respects.
While the expansion of health insurance to young adults has been one of the consistently positive stories around the ACA, a new report points out the news isn’t all that good. The rate of full-time workers between 18 and 24 years old with employer-sponsored insurance dropped 12.8 percent over the past decade, while dropping 8.5 percent for workers ages 25 to 34.
The report’s first chapter, Jobs and the Economy, explores how long-term trends and the current tumultuous economic environment has taken a toll on young Americans’ employment prospects, paychecks, and ultimately their earnings for years to come. Unemployment and underemployment rates for young Americans remain dangerously high, and almost 60 percent of employed young people say they would like to work more hours. At the same time, there is also a clear wage pay gap, gender pay gap, and education pay gap.
All sorts of big life decisions are postponed as well, especially within minority groups. Almost half have delayed purchasing a home, a third have delayed moving out on their own or starting a family and a quarter have delayed getting married.
Demos just released new comprehensive polling about the opinion of young adults. Politically the most interesting data point that stuck out for me is their finding that an overwhelmingly 68 percent of young people say it is harder for them to make ends meet now than it was four years ago. From the poll results: