economy

New Report: Investment in Education Strongly Linked to Higher Wages and Productivity

New Report: Investment in Education Strongly Linked to Higher Wages and Productivity
The best way for Pennsylvania to grow its economy is by investing in a well-educated workforce, according to a new study from the Economic Analysis and Research Network. The new report finds a strong link between the educational attainment of a state's workforce and both productivity and workers' pay. Expanding access to high-quality education will create more economic opportunity for Pennsylvania residents and do more to strengthen the state's overall economy than anything else.
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Chris Lilienthal
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ALEC Unveils New Anti-Environmental Agenda in Chicago

ALEC Unveils New Anti-Environmental Agenda in Chicago
New internal documents obtained by the Center for Media and Democracy (CMD) reveal new methods that fossil fuel companies, agrochemical interests and corporate lobbying groups will use to influence state policies in the coming months through the American Legislative Exchange Council, or ALEC.
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Second Crumbling: Fannie, Freddie and the Next Housing Crisis

Second Crumbling: Fannie, Freddie and the Next Housing Crisis
Video: Journalist David Dayen, explains what Fannie Mae and Freddie Mac do, how the housing bubble brought us the financial crises, why Obama's new housing policy is confused, the problem with the American obsession with home ownership and how we are creating another housing crisis.
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The Deficit Is Down By Half but PolitFact Says It’s OK To Say It's Growing

The Deficit Is Down By Half but PolitFact Says It’s OK To Say It's Growing
Republican Majority Leader Eric Cantor was caught in an outright falsehood about the country’s deficit, and how PolitiFact backed him up. Fact: the deficit is down more than 50% from where Bush left it. Fact: the deficit is falling at the fastest rate since the end of WWII.
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Robert McChesney: How Capitalism Is Turning the Internet Against Democracy

Robert McChesney: How Capitalism Is Turning the Internet Against Democracy
Robert McChesney discusses a host of internet issues in this Majority Report interview.
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Minorities See Rosy Economic Future, Whites More Pessimistic

Minorities See Rosy Economic Future, Whites More Pessimistic
Even though they were hit harder by the recession, minorities are more optimistic about their economic future, according to a new poll. Whites, however, continue to be pessimistic, believing opportunities will not become available.
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Reforming the Debate: Cities With Higher Immigration Rates Have Higher African-American Employment Numbers

Reforming the Debate: Cities With Higher Immigration Rates Have Higher African-American Employment Numbers
Woven into our national conversation on immigration reform are divisive arguments pitting immigrants against U.S. workers — including workers of color. These arguments aren't just unfounded — they run counter to the goal of helping all workers organize against wage suppression and exploitation. As union members and immigrants' rights activists, we think it's time to re-frame the discussion.
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A Different Kind of Union: The Bailouts of Texas and the Eurozone

A Different Kind of Union: The Bailouts of Texas and the Eurozone
Remember when New York bailed out Texas to the tune of $150 billion? It was less than 25 years ago, but a lot has changed — and yet global parallels still abound.
origin Author: 
Jared Bernstein
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IBM Tells Vermont Its Layoff Numbers, Begs State to Keep Them Secret

IBM Tells Vermont Its Layoff Numbers, Begs State to Keep Them Secret
Global computer giant IBM — one of Vermont's largest private employers — was legally required to tell the state how many employees were laid off in the latest round of job cuts at Essex Junction. And it did so. Now, it doesn't want the American public to find out because that would be bad for business.
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Irregular Deregulation: Senate Bill Aims to End Independence for SEC, Consumer Protection and More

Irregular Deregulation: Senate Bill Aims to End Independence for SEC, Consumer Protection and More
It was bad enough that Dodd-Frank under-protected the American public from predatory big banking, but Senators are now trying to further weaken the legislation and even make its existence completely moot. The Independent Agency Regulatory Analysis Act of 2013 is the latest bill that shifts the government's role as protector of the people to protector of the powerful.
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