I fail to see how trade sanctions on Chinese manufacturing will do much to help U.S. workers and jobs - but the rise of labor in China could do just that.
TORONTO - The G-8/G-20 summit here this week could determine the future of global economic recovery, as the U.S. and Europe take opposing positions on spending and budget cuts.
Have you ever walked into a neighborhood restaurant, with only your debit card in hand, ready to order lunch for $7.95, but are stopped by the handwritten sign next to the cash register: credit cards, $15 minimum.
Stopping the spill, and beginning recovery, is beyond the capacity of a private corporation.
WASHINGTON (PAI)--When politicians demand the public do something because of the dictates of financial markets, it is best to hold on to your wallet.
WASHINGTON (PAI) -- The current economy is "not normal," unemployment affects different groups of people than it did before, and the recovery - in terms of the joblessness numbers - will take longer than it did in prior slumps, the Labor Department's top economist says.
A new political and economic model, a new New Deal, is urgently needed, but the tycoons of finance are not about to yield their power - it will take a series of struggles.
The focus on "fiscal responsibility" conceals the real causes of the crisis, and if we don't address those we don't have a snowball's chance in hell of lifting workers out of the quicksand.
Today's business reports will headline a 431,000 growth in employment during May - but there's one little problem: nearly all were temporary Census jobs.