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We’re Number 27!
I don’t know about you, but this makes me proud as punch: Country Median Wealth Per Adult 1. Australia $193,653 2. Luxembourg $153,967 3. Japan...
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May Trade Deficit Drained $45 Billion From Our Economy And Democracy
The trade deficit is a measure of how much money and how many jobs we are transferring in or out of the country. The May trade deficit was just reported, and it jumped sharply. Other countries see...
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Stop in the Name of Love – of Country
The conduct of the New York State Metropolitan Transit Authority (MTA) in rehabilitating the Verrazano-Narrows Bridge can only be described as anti-American. The MTA plans to send $235.7 million of...
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As Manufacturing Jobs Flounder, New Book Has Answers
“Going down to Mississippi wages does not signal a bright future for American economy.” – Harold Meyerson President Obama campaigned with a promise to add 1 million new manufacturing jobs in his...
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Obama’s Jobs Challenge
Today President Obama will travel to Illinois to turn attention back to jobs and the economy. He does so amid an economy that is still in trouble. Mass unemployment continues its devastating toll....
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Reversing the Tide that Swamped Small Boats
The cliché is alluring: A rising tide lifts all boats. Former Republican presidents Ronald Reagan and George W. Bush promised it would be true as they cut taxes on the rich. If the rich got richer,...
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Enormous, Humongous Trade Deficit Shrank In June
The enormous, humongous, vast, staggering, unbelievable, job-sucking, economy-sucking US trade deficit shrank to “only” $34.2 billion from a revised $44.1 billion in May. Exports of US goods and...
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The Larry Summers Debate: Challenging Wall Street’s Democrats
The chattering classes are fascinated by the Republicans’ internecine battle to redefine the party in the wake of the George W. Bush calamity and the Mitt Romney defeat — from Senator Rand Paul’s...
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Glass-Steagall Now: Because the Banks Own Washington
A bipartisan group of senators recently put forward a proposal for new Glass-Steagall legislation that would restore a strict separation between commercial banks and speculative trading. Anyone...
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The Fast-Food Strikers Are Fighting For All of Us
Fast food workers have been conducting one-day strikes for better wages and working conditions in several American cities. They’ve also been doing much more than that: They’re shown the entire country...
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