Coming Tuesday (Hopefully): The State of the Union’s Economy

Robert Reich / Truthdig Feb 11, 2013 The President should make it clear that any Republican effort to hold the nation hostage to the GOP’s ideological fixation on the budget deficit and a smaller government will slow the economy, likely pushing us into another recession. And that those most imperiled are the middle class and the poor. Dig deeper ( 3 Min. Read )

Latest Job Numbers Show Why Job Creation Must Take Precedence Over Deficit Reduction

Robert Reich / Truthdig Dec 9, 2012 Friday’s jobs report demonstrates an economy that’s still moving in the right direction but way too slowly, which is why Washington’s continuing obsession with the federal budget deficit is insane. Jobs and growth must come first. Dig deeper ( 2 Min. Read )

The Politics of the Jobs Report

Robert Reich / Truthdig Oct 6, 2012 We’re still crawling out of the deep crater we fell into in 2008 and 2009. The percent of the working-age population now working or actively looking for work is higher than it was, but still near a 30-year low. But at least we’re crawling out. Dig deeper ( 2 Min. Read )

Krugman on Romney’s ’47 Percent’ Comment and the GOP’s ‘Disdain for Workers’

Tracy Bloom / Truthdig Sep 22, 2012 Mitt Romney's remark reveals a truth about himself but also about the entire Republican Party: The GOP is just not worker friendly. Instead, the party lauds "job creators," whom New York Times columnist Paul Krugman describes as the "employers" and "investors." Dig deeper ( 2 Min. Read )

Can Government Create Jobs or Not?

David Sirota / Truthdig Aug 10, 2012 For most of President Obama's term, Republicans have ignored the millions of jobs the Congressional Budget Office says the 2009 stimulus legislation created and instead argued that the government is incapable of boosting employment. Now the same GOP is barnstorming the country telling us the government can, in fact, create jobs -- lots of them. Dig deeper ( 3 Min. Read )

Mortgage Debt Relief? Not on His Watch

Alexander Reed Kelly / Truthdig Aug 4, 2012 The Federal Reserve announced last week that it would launch no new stimulus programs to jump-start the economy, and editors at The Washington Post applauded Edward DeMarco, acting director of the Federal Housing Finance Agency, for refusing to refinance mortgages for struggling homeowners. Dig deeper ( 2 Min. Read )

Billionaire Bloomberg Vetoes Living Wage Bill

Staff / Truthdig Apr 26, 2012 New York City Mayor Michael Bloomberg wants to live in a better world. That’s why he vetoed a law that would have raised the minimum wage for a measly few hundred or so working New Yorkers to at least $10 an hour. Dig deeper ( 1 Min. Read )

More Good News on Jobs for February

Staff / Truthdig Mar 10, 2012 For the third month in a row, figures coming in from the Department of Labor signal a stronger recovery in the employment market than the country has seen in years. President Obama gets a boost from the good news, but is there any way to read these numbers differently? Dig deeper ( 1 Min. Read )

Review: Businesses Say Lack of Demand, Not Regulation, Kills Jobs

Staff / Truthdig Oct 5, 2011 On Aug. 29, House Majority Leader Eric Cantor asked fellow Republican lawmakers to make the repeal of “job-destroying regulations” a top priority in the upcoming Republican jobs agenda. Bruce Bartlett, former senior policy adviser in the Reagan and George H.W. Bush administrations, says bollocks. (more) Dig deeper ( 2 Min. Read )

Job Market in a June Swoon

Staff / Truthdig Jul 8, 2011 A measly 18,000 jobs were added to the US economy in June, far below expectations for a rise of close to 90,000, and the unemployment rate ticked up to 92 percent The numbers are a reality check (more). Dig deeper ( 1 Min. Read )

Class of 2012

David Fitzsimmons, Cagle Cartoons, The Arizona Star May 11, 2011 Dig deeper

And Now, Some Slightly Better News from The Fed

Staff / Truthdig Feb 17, 2011 On Wednesday, newly released minutes from the Federal Reserve's late-January meeting reflected a more optimistic stance vis-à-vis the next phase of the U.S. economy, but unfortunately, the slightly brighter outlook didn't extend to the Fed's take on the job market. Dig deeper ( 1 Min. Read )