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The Idea of Justice

The Idea of Justice

By Amartya Sen
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Tag: Jobs

Barack Obama
White House / Pete Souza

Slam the Door on Compromise

Bipartisanship is a cute idea, but with 600,000 Americans losing their jobs in one month, there simply isn’t time to be nice.

Posted on Feb 9, 2009 READ MORE


Job Loss
nytimes.com

U.S. Unemployment Hits 7.6 Percent

With little surprise but incredible effect, the U.S. unemployment rate rose to 7.6 percent in January, hitting its highest level since 1992. President Obama used the report to prod Congress to pass his economic stimulus package.

Posted on Feb 6, 2009 READ MORE


Stimulus Skeptics Wrong (Again)

Mythology is overshadowing history in the debate over Obama’s plan to stimulate the depressed economy. Excessive airtime is devoted to the prejudices of cable hosts and radio personalities who regurgitate ideas they barely understand.

Posted on Feb 5, 2009 READ MORE


Dear Wall Street

The reason you are such a big story is that you’ve stolen our money. Or at least that’s how most of the country sees it. You think those auto executives looked bad when they flew into Washington on their private jets? Just you wait.

Posted on Feb 4, 2009 READ MORE


Marie Antoinette
Lie Louis Périn-Salbreux

Who Knew Bankers Were This Stupid?

Earth to Wall Street: It’s over, people. You had a terrific run, better than you deserved, but now you’d be wise to pay attention to those citizens outside, the ones with the pitchforks and the torches.

Posted on Feb 2, 2009 READ MORE


The GOP’s Soundproof Room

Unbeknown to the House Republicans who voted unanimously against President Obama’s stimulus package, we are in the midst of a rare fundamental shift in American politics.

Posted on Jan 29, 2009 READ MORE


Economic Policy That Might Actually Work? Who Knew?

After eight years of trickle-down tax cuts that pushed the prosperous up and left most everyday Americans sliding further down, the stimulus bill now moving swiftly through Congress is more than a reversal of political course. Let’s hope it’s not too late.

Posted on Jan 29, 2009 READ MORE


What’s Left

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Posted on Jan 28, 2009 READ MORE    


Obama

Hey, Big Spender: Obama Talks Stimulus

Barack Obama is coming out of the gate with quite the to-do list, not the least part being his new economic recovery plan, which carries quite the price tag at about $1 trillion. What is he thinking? Here, Obama gives some details in his weekly online address.

Posted on Jan 24, 2009 READ MORE


Obama

Obama Gets to Work on Economy

In his weekly address posted on Change.gov Friday, Barack Obama explains why he’s starting his job before assuming office: It’s the economy, stupid.

Posted on Jan 10, 2009 READ MORE


Beware, Mr. Obama, of Tax-Cut Seduction

Much of the business-tax package Obama contemplates fails his own test of cutting business taxes “where it makes sense and is going to work.”

Posted on Jan 8, 2009 READ MORE



Flickr / FaceMePLS

The Jobless Hold Their Breath

President-elect Obama is still working out the nuts and bolts of his recovery (fingers crossed) package, but Obama advisers have disclosed that at least one proposal would expand benefits and compensation to the unemployed. With the economic meltdown vaporizing more and more jobs, here’s hoping Congress gets it done before February.

Posted on Jan 4, 2009 READ MORE


Textile Plant
msnbc.com

Factories Echo Recession Pangs

Following in the footsteps of 2008’s dismal economic news, global manufacturing has fallen to low levels unseen for decades. In the U.S., factory activity has dropped to a 28-year low, marking a slump that further adds to the bad economic trends as we enter 2009.

Posted on Jan 2, 2009 READ MORE


Economic Death and Millionaire Taxes

For most of us, Benjamin Franklin’s words in 1789 still apply: “Nothing is certain but death and taxes.” However, millionaires, by definition, are not most of us.

Posted on Dec 26, 2008 READ MORE


What Nixon Admitted (and Cheney Won’t)

To understand the philosophy of government that Dick Cheney brought to Washington over the past seven years, it is most instructive to see “Frost/Nixon,” with Frank Langella’s remarkable reanimation of Tricky Dick for a generation that never knew him.

Posted on Dec 24, 2008 READ MORE


Generic Unemployment
connectedmichigan.com

Unemployment Filings at 26-Year High

With American jobs being steadily peeled away, hundreds of thousands of people are being forced to seek unemployment benefits for the first time. The number of first-time claims rose 5.4 percent last week, to their highest level in more than a quarter-century.

Posted on Dec 24, 2008 READ MORE


Killing the Big 3 Would Be Nuts

Despite the popular myth, lemmings don’t really hurl themselves off a cliff to reduce their numbers. That sort of behavior is seen only among Republicans in the Senate, who gave us a demonstration when they torpedoed legislation to bail out the auto industry.

Posted on Dec 15, 2008 READ MORE


Say Hello to the Thrift Zeitgeist

Now, competitive consumption has been replaced by contagious anxiety. Buying hit the wall with the housing collapse, the stock market plunge, the credit card crunch and the surge in unemployment figures.

Posted on Dec 11, 2008 READ MORE


ENTER_ALT_TEXT
New York Times / Stephen Crowley

Bailout to Jump-Start Detroit

Agreement has been reached between the White House and congressional Democrats to offer the U.S. auto industry a $14 billion emergency package aimed at keeping the Big Three going until spring. Also, in the grand tradition of state socialism, the deal includes a new auto “czar” to oversee the restructuring of Detroit.

Posted on Dec 10, 2008 READ MORE



AP photo / Brian Kersey

Obama Throws Support to Chicago Sit-In

President-elect Barack Obama has added his voice to the chorus of encouragement for a group of Chicago workers who are sitting-in at their former factory. Obama said the workers, who have protested their way into the national spotlight, were “absolutely right” and “what’s happening to them is reflective of what’s happening across this economy.”

Posted on Dec 8, 2008 READ MORE


Unemployment Chart
U.S. Department of Labor

A Dark November for Jobs

The news continues to get worse after the government finally put the “official” stamp on the current recession. The Labor Department has announced that 533,000 jobs were lost in November, the biggest monthly cut in 34 years—with analysts fearing that the 11-month trend of increasing job losses will deepen even further.

Posted on Dec 5, 2008 READ MORE



Warren I. Cohen on China’s ‘Factory Girls’

There’s a revolution underway in Chinese culture as young women flock from villages to factory employment in the cities, leaving traditional values behind.

Posted on Dec 5, 2008 READ MORE



Flickr / SteelCityHobbies

Class Bigotry Mars Auto Debate

The auto industry bailout would have no chance of passing without the muscle of the Big Three’s unionized work force. Yet you can’t turn around without hearing someone trash autoworkers for the terrible crime of trying to earn a decent living.

Posted on Dec 1, 2008 READ MORE


Bush’s Hoover Impression Flirts With Depression

At the earliest, it is likely to be at least February or March before the first dollar of an Obama recovery plan is felt. This is a national disgrace.

Posted on Nov 26, 2008 READ MORE


The Greeter Economy

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Posted on Nov 25, 2008 READ MORE



AP photo / Carlos Osorio

Bailout or Bust: How to Save the Big Three From Themselves

There’s no guarantee that a bailout would save the incompetently managed American automobile industry. However, doing nothing may be worse, especially for the state of Michigan.

Posted on Nov 20, 2008 READ MORE


American Express
nafcu.org

American Express Cutting 7,000 Jobs

Joining in the unhappy trend of mass layoffs, American Express announced Thursday that 10 percent of the credit card company’s work force will soon be cut due to the current economic crisis.

Posted on Oct 30, 2008 READ MORE



AP photo / Rick Bowmer

Economy Trumps Race in Ohio

From the Southern California suburbs to Ohio’s Appalachia, places that have not been especially friendly to African-American candidates, Sen. Barack Obama seems to be convincing a substantial number of whites that their votes should be determined by their economic troubles rather than race.

Posted on Oct 15, 2008 READ MORE


Barack Obama
Flickr / Allison Harger

Obama’s New Deal

Barack Obama unveiled his $60-billion economic rescue plan on Monday and urged Washington not to wait for a new president to take up his proposals. The Obama plan includes tax breaks for companies that hire new workers, a short moratorium on foreclosures and, with an eye on job creation, federal financing for public works and infrastructure projects.

Posted on Oct 13, 2008 READ MORE



AP photo / Anja Niedringhaus

The Second Insurgency

Many Iraqis struggle every day to find work, but a shortage of jobs, superimposed on a tradition of using personal connections to do business, has led to what Iraqis complain is an explosion in corruption and graft among their nation’s officials.

Posted on Aug 18, 2008 READ MORE


South Africa Strike
guardian.co.uk

2 Million South Africans on Strike

A national strike left South Africa’s streets largely deserted Wednesday as 2 million people refused to work in protest of soaring food and fuel prices. The action, led by a coalition of trade unions, was symbolic and precautionary, suggesting additional strikes if the government and business remained inept at managing the national economy.

Posted on Aug 6, 2008 READ MORE


Elaine Chao
flickr.com

Unemployment at a Four-Year High

A government report released Friday signals worsening economic tides as the U.S. tries to navigate through its highest level of unemployment in four years. The seven-month-long trend of net job losses is likely to persist, with few signs of a turnaround on the horizon.

Posted on Aug 1, 2008 READ MORE


Starbucks logo
Flickr / M@rcopako

The Starbucks Economy

In its own way, Starbucks has a lot in common with SUVs, hot tubs and television screens wide enough to fill a wall. That is, it represents the bit-by-bit extravagances that helped get us into the tight economic jam we find ourselves in today.

Posted on Jul 23, 2008 READ MORE


Struggling Economy Deters Working Women

The percentage of women in their prime earning years who work has gone down, according to the Bureau of Labor Statistics. The numbers cut across demographics, and have more to do with a sluggish economy and a lack of opportunity than a rekindled interest in child rearing. As one congressional economist told The New York Times, “A woman gets laid off and she stays home for six months with her kids. ... She doesn’t admit that she is staying home because she could not get another acceptable job.”

Posted on Jul 21, 2008 READ MORE


The Do-It-Yourself Economy

We are expected to interact with “labor-saving technology” without realizing that it’s labor-transferring technology. The job has not been “saved”; it’s been taken out of the paid sector, where employees have a nasty habit of expecting salaries, and put into the unpaid sector, where suckers ‘r’ us.

Posted on Jul 16, 2008 READ MORE


ENTER_ALT_TEXT
howstuffworks.com

Unemployment Takes Its Biggest Jump Since 1986

In what one economist has called the “strongest evidence yet” that the U.S. is in recession, the country’s jobless rate has grown 0.5% since April, the largest monthly jump in more than 20 years. The unemployment rate has been steadily rising this year, with 324,000 jobs lost since January.

Posted on Jun 6, 2008 READ MORE


Hillary Clinton and Sam Walton

The Wal-Mart Videos

Hillary Clinton has, for obvious reasons, tried to distance herself from her time on the board of Wal-Mart, the Arkansas company that, for many Democratic voters, emblematizes globalization and all those jobs that were shipped overseas that the candidates keep talking about.

Posted on Apr 9, 2008 READ MORE


U.S. Job Loss Highest in 5 Years

The short month of February was long on economic problems, as 63,000 U.S. jobs were lost over the 29 days. In other words, for those betting that a recession isn’t around the corner, the outlook is dim.

Posted on Mar 7, 2008 READ MORE


Jim Webb

Democrats’ Response to State of the Union: ‘We Will Be Showing Him the Way’

During his response to President Bush’s State of the Union address, Sen. Jim Webb (shown above with congressional leaders Sen. Harry Reid and Rep. Nancy Pelosi) referred to the crises of division and war faced by two of history’s better Republican presidents, Teddy Roosevelt and Dwight Eisenhower, and then issued an ultimatum to the current occupant of the White House. Watch it.

Posted on Jan 23, 2007 READ MORE


Jobs Report Indicates Economic Cool Down

Weak employment gains in May (only 75,000 net new jobs) may be a sign of a faltering economy. According to NYT: “Anything below about 150,000 net new jobs a month is regarded as too slow to keep up with population growth, so in effect, workers are losing ground.” (story | job report)

Posted on Jun 2, 2006 READ MORE


A New Chief of Staff

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Posted on Mar 28, 2006 READ MORE


Senate Panel Passes Immigration Bill

The bill, which requires approval by the full Senate, clears the way for 11 million illegal aliens to seek U.S. citizenship, and will allow some 1.5 million workers to seek temporary jobs legally.
This is a big win for the hundreds of thousands of people who joined protest marches this past weekend.

Posted on Mar 27, 2006 READ MORE


Bush Administration Justifies Tax Cuts With Mediocre Employment Increases

The Bush administration boasts addition of jobs in an effort to extend and expand tax cuts. However, Bush’s policies played only a small role. more

Posted on Jan 6, 2006 READ MORE


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