economy

Zero Manufacturing Jobs Added — Zero

Zero Manufacturing Jobs Added — Zero
President Obama set a goal of 1 million new manufacturing jobs in his second term. Last month we added zero. Not one. Nada. Zip. We did add low-wage jobs, though. Maybe we can talk about a national manufacturing strategy now?

Why Our Trade Deficit Matters More Than Our Budget Deficit

Why Our Trade Deficit Matters More Than Our Budget Deficit
A trade deficit hurts the economy and jobs. Not only does it mean money is draining from the economy, but it also means our working people are pitted against low-wage workers. A trade deficit enables companies to cut wages. It is the primary reason everyone’s pay has been stagnant or falling since the end of the 1970s — when the balance of trade turned from surplus to deficit.

Forest Service to States: Give Subsidies Back

 Forest Service to States: Give Subsidies Back
The U.S. Forest Service is in the business of preventing fires, not starting them. Yet the agency set off alarms in Congress and state capitols across the West by citing the automatic spending cuts as the basis for demanding that dozens of states return $17.9 million in federal subsidies.

Housing Index Inches to Highest in Seven Years at 9.3%

Housing Index Inches to Highest in Seven Years at 9.3%
Home prices nationwide rose in February by the most in nearly seven years. The Standard & Poor's/Case-Shiller 20-city home price index jumped 9.3 percent in February from a year earlier.

Richest 7% of Americans Grew Wealthier During Recession, New Study

Richest 7% of Americans Grew Wealthier During Recession, New Study
The richest Americans got richer during the first two years of the economic recovery while average net worth declined for the other 93 percent of U.S. households, says a report released Tuesday.

Fewer Americans Now View Their Income Taxes as Fair

Fewer Americans Now View Their Income Taxes as Fair
This Tax Day, 55 percent of Americans regard the income taxes they have to pay as fair, the lowest percentage Gallup has measured since 2001.

Cut Social Security to Destroy the Recovery

Cut Social Security to Destroy the Recovery
President Obama picked the very day that new job creation collapsed to propose a deflationary budget deal featuring cuts in Social Security and Medicare. This is perverse economics and worse politics, on several grounds.

Obama's 'Rising American Electorate' Hardest Hit By the Economy

Obama's 'Rising American Electorate' Hardest Hit By the Economy
The rising American electorate is sinking together in this economy. The faltering jobless recovery isn’t working for most working families. Over 20 million are still in need of full-time work. Wages and family income are falling.

Substantial Wind Turbine Order Propels the CO Workforce Into Full Gear

Substantial Wind Turbine Order Propels the CO Workforce Into Full Gear
Vestas Wind Systems has received its largest wind turbine order ever from Canada, the company announced Monday. This is an important story because of the growing role that Wind Energy is playing in Colorado's economy.

The Military Gets 26 Times as Much of Your Tax Dollars as Scientific Research Does

The Military Gets 26 Times as Much of Your Tax Dollars as Scientific Research Does
As you mull over the taxes you paid to the federal government this year, check out this graphic from the National Priorities Project showing where your taxes went in 2012.

Pages