Economy

Simple Math: States With Higher Minimum Wages Gain More Jobs

Simple Math: States With Higher Minimum Wages Gain More Jobs
Maybe a higher minimum wage isn't so bad for job growth after all. The 13 U.S. states that raised their minimum wages at the beginning of this year are adding jobs at a faster pace than those that did not, providing some counter-intuitive fuel to the debate over what impact a higher minimum has on hiring trends.
origin Author: 
origin Blog: 







Our Roads and Bridges Won't Survive Tea Party Politics Much Longer

 Our Roads and Bridges Won't Survive Tea Party Politics Much Longer
President Obama’s announcement Thursday of an executive order that would facilitate public-private partnerships for transportation projects is the latest in a years-long series of efforts to coax more private sector funding for public goods. One benefit these deals offer is a way for politicians to dodge tough choices about how to pay for the transportation network the public uses. But they are no panacea.
origin Author: 
origin Blog: 







Austerity Economics Walking US Prosperity Off a Cliff

Austerity Economics Walking US Prosperity Off a Cliff
The 'economics of austerity'—which includes the continued Republican argument that government spending is a drain on both employment figures and economic growth and must be constantly curtailed—is killing the prospect of improved U.S. prosperity.
origin Author: 
origin Blog: 







Loan 'Em If Ya Got 'Em: House Says OK to Banks, Pot Provider Relations

Loan 'Em If Ya Got 'Em: House Says OK to Banks, Pot Provider Relations
The House voted Wednesday in support of making it easier for banks to do business with legal pot shops and providers of medical marijuana.
origin Author: 
origin Blog: 







Fox in the Henhouse: NY Gov Lets Mortgage Lobbyist Police Subprime Scandal

Fox in the Henhouse: NY Gov Lets Mortgage Lobbyist Police Subprime Scandal
New York's Governor, Andrew Cuomo, has brought on a banking industry lobbyist as his chief policer of the banks that brought on the subprime crisis that tanked the nation's economy. Methinks he might go a little light on his banking buddies.
origin Author: 
origin Blog: 







How Kansas and California Debunked the GOP's Tax Cuts Argument

How Kansas and California Debunked the GOP's Tax Cuts Argument
Imagine making a bet with a hardline trickle-down believer like Paul Ryan on a state's projected economic growth. If this bet actually took place, you would walk away the winner. And the trickle-down believers of America would be speechless.
origin Author: 
origin Blog: 







Fed Chair Promises More Support for Weak, Unfinished Recovery

Fed Chair Promises More Support for Weak, Unfinished Recovery
Federal Reserve Chair Janet Yellen said Tuesday that the economic recovery is not yet complete and for that reason the Fed intends to keep providing significant support to boost growth and improve labor market conditions.
origin Author: 
origin Blog: 







An Economic Lynching

An Economic Lynching
On October 26, 1934 Claude Neal, a black man accused of murdering a young white woman in Jackson County, Florida, was dragged from his jail cell to be lynched. The event was rushed into the afternoon newspapers.
origin Author: 
origin Blog: 







Obama Speech: GOP Using Taxpayer Money to Sue Me for Doing a Good Job

Obama Speech: GOP Using Taxpayer Money to Sue Me for Doing a Good Job
President Obama had some great lines in Austin Thursday night, sure to get the GOP riled up. With jobs and the economy on the up, Republican intransigence is looking more and more childish and stubborn. Watch the video here.
origin Author: 
origin Blog: 







Top 10? Try Bottom of the Barrel. States Ranked by Infrastructure Woes

Top 10? Try Bottom of the Barrel. States Ranked by Infrastructure Woes
File this under "Shooting Yourself in the Foot." The states with the worst infrastructure woes are the very same ones with representatives trying to make it even worse. Republicans are refusing to budge, and their intransigence is allowing the Highway Trust Fund to run alarmingly low.
origin Author: 
origin Blog: 







Pages