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Category: Economy

CBO Report Shows How Obamacare Helps Working Poor

by Jeff Madrick | Feb 10, 2014 | Economy

The attack on the Affordable Care Act by conservative Republicans after the release of the Congressional Budget Office’s new report was desperate. Bravo to much of the media for setting the story straight almost immediately. But so strong is the anti-government bias involving social policy that critics hardly stopped to think. No, businesses were not […]

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For USA Today, Illegal Settlements Are a Matter of Opinion

by Peter Hart | Feb 9, 2014 | Economy, Foreign Policy

The football game part of the Super Bowl was a non-event, but there was serious controversy over one of the commercials: Actress Scarlett Johansson was appearing in an ad for SodaStream, a maker of carbonated beverage dispensers whose main factory is in the West Bank, Palestinian territory that has been occupied by Israel since 1967. […]

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Are We Doomed to Ever More Inequality?

by Sam Pizzigati | Feb 9, 2014 | Economy

(Thomas Piketty) America’s ongoing debate over economic inequality may be turning a new page. Starting in the 1980s, during the debate’s first chapter, pundits and policymakers battled over whether the United States was in fact becoming more unequal. This initial debate is over now. No serious analyst argues any longer that the gulf between America’s […]

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Obamacare Will Raise Wages

by Polly Cleveland | Feb 9, 2014 | Economy

According to New York Mayor Bill De Blasio, “If we’re subsidizing companies, we have every right to demand a living wage for the people they pay.” He’s referring to conventional Democratic Party wisdom that taxpayers subsidize Walmart and other large low-wage employers by providing employees with food stamps, health care, and other public assistance. For […]

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Sustainability Squared

by Polly Cleveland | Feb 7, 2014 | Economy

(Source: Mother Jones) How can the world attain a decent, sustainable lifestyle, one that doesn’t wreck our land, water, and air? In fact, we already have the necessary technology, technology that can create more and better jobs. Here are examples from farms, cities, and businesses. Back in 1985, economists Yujiro Hayami and Vernon Ruttan estimated […]

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