For half a century beginning with Franklin Roosevelt, there was a direct connection between the problems that afflicted American society and the remedies on offer from our democratic system. High unemployment? The New Deal, the World War II mobilization, and the postwar boom took care of that. Stagnant wages? With unions, growing productivity, minimum wage laws, and other regulation of labor standards -- American real wages tripled. Education? The G.I. bill, massive investment in public universities, community colleges, and later in public elementary and secondary education produced a better educated and more productive population. The exclusion of blacks from the American dream? A mass movement and a revolution in civil rights law made a big down-payment on redeeming the promise of Lincoln. I could go on, but you get the point. In the last century, democratic politics addressed real problems.
This summer marks the first time that young adults like me across Illinois, who are often engaged but not always united, are putting our heads together to debate a better, more comprehensive state agenda for our peers.
Firstly, let me state that I'm TERRIFIED of Bees and Wasps. Whilst I recognize that this fear (phobia?) of mine is, to some degree, irrational, I've lived with it for forty odd years and gotten used to it. It is what it is, you know?
I received polite emails informing me I had not been chosen. With nothing left to lose, I emailed one of the companies that had rejected me. 'I have a bit of an unusual question for you,' I wrote. 'Can you tell me why you didn't hire me?'
We have the central bank of the US acting deliberately to keep workers from getting pay increases. They justify their actions over concerns about inflation, but we need not take these seriously. Who knows what they believe, but the real-world risk of a dangerous inflationary spiral ranks alongside the risk of attacks by Martians.
It is a moral disgrace that child poverty in the U.S. is higher than adult poverty, higher than for children in almost all other competitor nations, and higher than our country with the world's largest economy should ever allow.
A new Illinois jobs report has just improved Governor Pat Quinn's chances of keeping his. The Illinois unemployment rate fell in August for the sixth...
While some households and neighborhoods have recovered from the recession, most black and Latino households and neighborhoods are still waiting to recover.
While some people's disabilities are so significant that they will never be able to work, many people with disabilities can, with some reasonable accommodations, earn more, keep more of what they earn and even build assets for the future. How to make that happen?
I still fantasized about writing novels, but when I got home from work, I never seemed to have enough energy at the end of the day. Whenever I attempted to write creatively, the words never "sounded" right.
Tens of millions of people had been living with the fear that if they lost their jobs, they would also lose their health insurance. This would be a big deal for most families but especially those in which one or more family members had a serious health condition. Insurers do not like to insure sick people. The ACA changed that.
Technology seems to have solved the trade execution issue, so I don't foresee an overwhelming market shutdown. Fidelity now offers an amazing 1 second trade confirmation guarantee.
For millions of poor kids in the U.S. today, the reality of summer is very different from that middle-class ideal. For them, the words "back to school" suggest the start of something good, not the end.
While many American households now face a bright and promising economic future, it is now clear that the recession and post-recession recovery has a different look and feel depending on whether you are wealthy, middle-class, or poor.
Back in January I posed a question regarding the health of our economy and the job market. Finally a new study has attempted to answer it.
Are you worried about the government running deficits in the hundreds of billions of dollars and a debt in the trillions? If so, then you should be really angry at people calling for the Federal Reserve Board to raise interest rates.