Economy

HUD Complaint? Need A Roof? There's an App for That

HUD Complaint? Need A Roof? There's an App for That
The U.S. Department of Housing and Urban Development (HUD) Thursday unveiled the first housing discrimination mobile application (app) for iPhone and iPad. Developed by HUD’s Office of Fair Housing and Equal Opportunity (FHEO) and HP, the app uses the latest technology to provide the public with a quick and easy way to learn about their housing rights and to file housing discrimination c
origin Author: 
origin Blog: 

Bernanke Agrees '100%’ with Elizabeth Warren That Big Banks Are Smashing Small Ones

Bernanke Agrees '100%’ with Elizabeth Warren That Big Banks Are Smashing Small Ones
On Wednesday, Federal Reserve Chairman Ben Bernanke testified before the Senate Banking Committee. Sen. Elizabeth Warren (D-MA) asked Bernanke about the $83.5 billion subsidy that Big Banks get every year from American taxpayers.
origin Author: 
origin Blog: 

Only 6% of People Know Deficit is Falling at Fastest Rate Since World War II

Only 6% of People Know Deficit is Falling at Fastest Rate Since World War II
There is no deficit problem. The deficit is down 50 percent as a share of gross domestic product just since President Bush’s fiscal year 2009 deficit and is falling at the fastest rate since the end of World War II. Yet the Washington debate is about how and where to cut us back into recession. Why?
origin Author: 
origin Blog: 

If Congress Fails to Stop the Sequester

If Congress Fails to Stop the Sequester
Just days before $85 billion in deep federal budget cuts are to take effect, the Democratic National Committee is circulating a new online infographic aimed at pressuring Republicans to back President Obama’s plan to avoid the so-called sequester.
origin Author: 
origin Blog: 

Massive Defense Contractor Wants Budget Cuts for Americans but Not for Itself

Massive Defense Contractor Wants Budget Cuts for Americans but Not for Itself
The defense industry is making a self-interested argument against the sequester, claiming that it would hurt military readiness (a false claim, as military experts recommend twice the level of defense cuts as are in the sequester).
origin Author: 
origin Blog: 

Wages at Financial Institutions Continue to Grow, Even as Wages Everywhere Else Stagnate

Wages at Financial Institutions Continue to Grow, Even as Wages Everywhere Else Stagnate
Wages used to go up as productivity went up, but in the 1970s they decoupled. Productivity kept going up but wages stagnated.
origin Author: 
origin Blog: 

Erskine Bowles Personally Made $114,000 from Facebook Tax Loophole He Doesn’t Want to Close

Erskine Bowles Personally Made $114,000 from Facebook Tax Loophole He Doesn’t Want to Close
Erskine Bowles and Alan Simpson have released yet another austerity plan that lowers taxes on corporations while proposing Social Security and Medicare benefit cuts.
origin Author: 
origin Blog: 

Is the Minimum Wage Argument the New Democratic Golden Ticket?

Is the Minimum Wage Argument the New Democratic Golden Ticket?
A minimum wage increase is enjoying broad support across the board among voters. Democrats are currently championing the cause and are in position for a major political victory if the legislation passes. Interestingly, research shows that voter turnout dramatically increases when the minimum wage is part of a ballot initiative.
origin Author: 
origin Blog: 

40% of Americans Now Make Less Than 1968 Minimum Wage

40% of Americans Now Make Less Than 1968 Minimum Wage
The average American’s living standard would be much, much higher today if wages had not decoupled from productivity gains – with the gains all going to the 1 percent instead of being shared by workers. If wages had kept pace we wouldn’t feel the terrible squeeze that everyone in the middle class is feeling.
origin Author: 
origin Blog: 

How Putting Minimum Wage Increases on the Ballot Increases Progressive Voter Turnout

How Putting Minimum Wage Increases on the Ballot Increases Progressive Voter Turnout
If Republicans stop a wage hike at the federal level, they may be welcoming a barrage of minimum wage ballot initiatives that not only would allow states to forge ahead on their own, but also would increase progressive voter turnout.
origin Author: 
origin Blog: 

Pages