80 percent of U.S. adults struggle with poverty and diminished opportunities. An amazing statistic given America’s position as the richest country in the world and a thorough reality-based indictment of the American Dream mythology. A reality even President Obama, a skilled politician at preying on people’s hopes, was forced to acknowledge recently as the evidence piles up that American society is less mobile than much of the developed world and no longer the land of opportunity.
|By: DSWright Monday July 29, 2013 1:14 pm|
|By: DSWright Tuesday July 9, 2013 11:50 am|
If we keep saying recovery over and over again, maybe it will become true. Until then the facts are harsh. The job market is atrocious with most Americans coming off the unemployment rolls by either giving up working or taking low-paying part time and temporary jobs.
|By: DSWright Friday July 5, 2013 6:59 am|
According to the report by the Bureau of Labor Statistics the official unemployment rate remained at 7.6%. In some quarters the report is seen as good news despite the rate stasis because private sector job growth increased by 202,000 as government jobs decreased by 4,000.
|By: Mark Thoma Saturday June 29, 2013 1:59 pm|
David Stuckler and Sanjay Basu’s new book The Body Economic: Why Austerity Kills is a thorough examination of the toll that recessions take on people’s health. They show, convincingly, that there are many, many channels through which health outcomes can deteriorate when the economy goes into a deep recession. They also show that the manner in which the government reacts to an economic downturn is a critical factor in determining health outcomes. Deterioration in health in a recession, though common, is far from inevitable.
|By: Attaturk Tuesday June 4, 2013 1:30 am|
“Trickle down” is still the mantra of most every shill on television — perhaps the pipes are just clogged from the rich crapping on everyone else constantly?
|By: Michelle Chen Saturday May 25, 2013 8:30 am|
A time-honored tactic of conservative lawmakers is to “starve the beast”by defunding government programs. In the case of food stamps—the quintessential whipping boy for budget hawks—they’re going a step further by trying to starve actual people.
|By: spocko Wednesday May 22, 2013 3:00 pm|
I’m really sick of how “the economy” is the stock market. It. Is. NOT. I also know that the constituents of unemployed and underemployed aren’t out there putting pressure on congress or the President.
|By: spocko Wednesday May 8, 2013 2:59 pm|
I used to think that if only America’s political leaders could see the unemployed in the media, and hear their stories they would act. I don’t believe that anymore.
|By: Michelle Chen Sunday May 5, 2013 7:00 am|
If you think being jobless is tough, try applying for unemployment benefits. In Florida, simply filling out the form requires considerable talent and endurance. According to a recent ruling by the federal Department of Labor, the state’s new online application process is so fraught with arbitrary obstacles that it violates federal civil rights protections.