No one should be surprised that the American people are economically insecure and anxious. Seven in 10 voters said the nation's economy is in bad shape. Voters who said the economy was important to them voted 2 to 1 for Republicans.
Today, the Earth got a little hotter, and a little more crowded. Screen capture of Facebook Timeline Photos Stephen Colbert: The Republicans' Ins...
In Denmark fast food workers make $20 an hour plus benefits, and the corporations who employ them are still profitable. Why there and not here? The answer is simple and painful -- wage theft.
The bizarre tale of Democratic self-immolation knows no precedent in American political history. The explanation, though, is readily apparent for those willing to look at the record. The formula did not require anything as exotic as hemlock; rather the more prosaic ingredients were imbibed gradually.
Republicans could easily - though wrongly - perceive their big victory as a mandate. But exit polls show something quite different: Voters don't like Republicans any better than Democrats.
After the Democrats' drubbing in the 2014 midterm elections, there have been fervent debates about whether the Party should embrace an economic populism to tap pocketbook frustrations -- or move further to the center in the hopes of capturing more independents. One thing the Democrats did throughout Obama's nearly six years was move closer to Wall Street -- from the economic team Obama appointed, to the administration's premature embrace of deficit reduction promoted by financial moguls, to a bailout plan that shored up the biggest banks rather than breaking them up. It was this coziness with big finance that allowed the far-right Tea Party movement to paint Wall Street and Washington with the same brush -- and to capture much of the populist rage on display against Democrats in the 2010 midterms and once again on November 4. So the last thing Democrats need going forward is an even closer affinity with Wall Street, right? Well, the Democrats may soon get even cozier.
This week, America went to the polls. Despite much breathless post-election chatter about "mandates" and "midterm waves," the really big story was not who people voted for but how many people sat this one out. With only 37 percent of eligible voters heading to the polls, turnout was the lowest it's been since 1942 -- when voters were understandably distracted. The disconnect between the governed and the government has grown to historic proportions. Why? Perhaps because of the disconnect between a "recovering" economy and people's daily lives. This might explain why initiatives increasing the minimum wage were passed by huge margins in all four states where they appeared on the ballot, even as candidates opposing a long-delayed increase at the federal level won. People want change, but they've lost hope in the ability of national leaders to bring it. Those celebrating having their ticket to Washington paid for by lost faith and disillusionment should not miss this actual mandate.
Republicans in Congress just won a smashing electoral success by essentially doing nothing but mercilessly block Obama's agenda. That, to put it another way, is a winning formula for them with their base voters.
The road to veteran status is long, narrow, bumpy and filled with unexpected twists and turns. It starts for most with an enlistment of three to four years in one of the armed services.
Whether you were deflated or elated by Tuesday's election results, the news goes on. So see what's happening with our latest Week to Week news quiz. ...
Congress approved the Dodd-Frank Wall Street Reform Act in response to world financial calamity. Though delayed and diluted, the reform legislation has led to substantial improvements in consumer protections such as new requirements for regulation of swaps contracts.
I've argued for some time that the process of deleveraging has yet to run its course. The aggregate level of debt in our economy currently stands at a record high, even though many pundits continue to say that debt levels are much more manageable now as compared to the pre-crisis days.
ithout someone willing to express a vision, articulate it and stick to it, the Millenials won't show. The McConnells will keep winning, sowing apathy and dysfunction to keep us from even wanting to pay attention.
If and when she announces her candidacy for president, I suggest she express her resolve to bring full employment with fair wages to America, and announce a working group including Nobel laureates and leading economic thinkers to develop bold ideas to make full employment happen.
The economy is not going to get better for most Americans until some fundamental changes are made. It's a structural problem. The system is rigged for the benefit of a very few and their giant corporations. This is what has to be fixed before a better life can be delivered to most people.
Republicans should be making a case for freedom. A case not build only on efficiency (which rarely resonates with average voters), but on morality. They need to argue that freedom is the right thing for all Americans.