We should do more to help potential entrepreneurs in places where domestic economies are too weak to assist. If we give this effort a higher priority in our country's foreign policy, we can create a healthier balance of world commerce.
Our elected representatives would rather upset those who come back from the office or the factory than those returning from the supermarket. The person elected chooses to encourage the lowering of product prices because that appeals to the consumer, even though this decrease favors imports and hurts local workers. The elected official chooses to increase taxes on work and to lower taxes on consumption: more income tax and less value added tax.
There are 10.6 million poor people who have a job, and often head households with children. Modest policy efforts can help change the negative dynamics that poverty creates. Luckily, there are tools that can help and which have a proven track record.
As companies focused more on the bottom line, they began to refer to workers as "assets" and when times got tough, they looked at which "assets" to cut. "Do more with less," "Get rid of the fat," and "leaner and meaner" were the propaganda slogans that sent chills down workers' spines. Older workers quickly read the writing on the wall.
A new report by the Better Government Association found that the Chicago Transit Authority's retirement plan and health care trust spent almost $60,00...
The results are in: Cutting unemployment benefits does not boost employment. This may seem contradictory to the recent series of events. Ending jobless benefits does not push workers to take jobs. It increases hardship. In fact, this hardship comes more quickly and with greater probability depending on where you live and who you are.
I awaken to another mythical day, waiting for my alarm clock to break out in song. It snores instead. Nothing has changed. I'm still on unemployment time, caught in the weightless zone of a daydream where time moves like a Wiffle ball. "What day is it?" I ask my dog lying next to me.
I arrived in Chicago as a wide-eyed idiot 2 weeks ago, thinking the world of Chicago realty would immediately hit me up on OKCupid for meet-ups, casual drinks, and the guarantee of a serious future. What I found initially were a number of one night stands that left me feeling empty, cheated, and, most of all, homeless.
Jamel Egal was born the year it all fell apart. 1991. Somali President Siad Barre was overthrown and anarchy overtook the east African nation of Somalia. Warlords filled the void of a central government as lawlessness reigned and war became the norm.
The public should recognize that the battle over the course of Fed policy is hugely important to the well-being of tens of millions of families. It should also recognize that the folks willing to deny these people jobs and wage increases will not feel constrained by the truth in pushing their agenda.
Britain is currently at the cusp of what the Financial Times has called the biggest reform to its pension system since it began a century ago.
It never occurred to me that I would be unemployed in mid-life. Well, yes, it had occurred to me when my tits were still perky and my mind malleable, so I went to grad school, got a Ph.D. and embarked on what was once a promising and stellar career. But after I found myself in the cross-hairs of those in institutional power, my carefully-constructed career came tumbling down.
So what are the causes for optimism with regard to future earnings power? Well, the most notable are probably the recent sharp decreases in interest rates and gas prices.
Market forces simply cannot make jobs reappear. Overall economic policy continues to drain wealth to benefit the tops layers of society to the detriment of government operations and everyday citizens.
A lot has happened in my life since the last time I posted. I moved to Portland about four weeks ago because as much as I enjoyed living in Bend, I ju...
I can't account for national trends, but on an anecdotal level, it has been fascinating to watch millennials become some of America's best 'unofficial ambassadors.'