In the past two days we've seen a federal judge rule that Detroit can go bankrupt, putting its workers' pensions in jeopardy, and we have seen Illinois' legislature vote for substantial cuts in its retirees' pensions. Undoubtedly these two actions are just the tip of the iceberg.
Democrats are hammering out a deal with transparent fraud Paul Ryan when they should be shouting the truth to anyone who'll listen. And the rest of us? We should be reaching for pitchforks.
At the root of inequality is a moral choice: we either believe in the maxim, "I am my brother's keeper, I am my sister's keeper," or we don't.
The essence of free markets is competition and this applies equally to wages as to prices. In theory the system is fair, but in practice, a handful of major players set the wage level for smaller competitors as well.
America needs a strong middle class, but the mindless sequester cuts threaten the very priorities that help build and sustain it: childhood nutrition, student aid, job training, and housing assistance programs.
How is it that our land, supposedly the beacon of freedom and democracy for the rest of the world, puts so many of its own people into prison? And why has the number climbed so drastically since 1980?
Okay, there were too many negatives in that title. Let me say it more positively: We positively must extend UI benefits, lest 1.3 million UI recipients lose needed UI benefits in a job market that is improving, but still slack.
Germany is simply doing what everyone else does, only doing it better. Rather than criticize the Germans, we should study what they are doing, learn from them and strive to emulate them.
Kids need to play. It is vitally important to their development. But they don't need to play with Elmo or a hunk of plastic that recites the alphabet with a twang or a drawl. Kids need to play with us and with each other and all alone.
The best part of this, that very few people caught, is that they are for now only going to sell the "plus-size" clothing online. Not at the stores. Apparently, Abercrombie has standards. The "fat, uncool" women cannot go into the stores. They can shop online, where they belong.
Since women have known and done this all along, their winning strategy is not to try to be more like men, but to be authentically themselves. They just need to do a better job of telling the world what they are doing and, well, why.
My point: changing the pricing strategy won't change the fact that demand is falling. The business model isn't broken, the market is just tough.
By taking a proactive approach to your sales department, you can ensure your company profits from holiday spending frenzies and gains a new, loyal customer base in the process.
When I first went to China in 1998 there were 6 million people online -- in the whole country, and most of them were government researchers or university students. Today there are about 800 million, many connecting via mobile.
I've been fascinated by IBM for decades. They are one of the few companies who have been able to figure out how to reinvent themselves radically, from a product-centric company to a services-centric company.
The holidays are right around the corner. It's no wonder I've got shopping on the mind. And as with the contagion of Christmas music in a mall, I can't help but join the carol of intrigue surrounding the new health care marketplace.
Weidmann's "separatist" view clearly stems from the German concept of highly independent central banking, assuring price stability rather than trying to target other problems and ensure macroeconomic stability.