When the Wall Street bubble burst in 2008 because of excessive risk-taking, millions of working Americans lost their jobs, health insurance, savings, and homes. But The Street is back to many of its old tricks. And its lobbyists are busily rolling back the Dodd-Frank Act, intended to prevent another crash.
Today, the Earth got a little hotter, and a little more crowded. @@ Global Warming Carbon Dioxide Levels Tick Past 400 ppm Reversing CO2 ...
Most of the BRICS are far from becoming major powers. While the United States has $57,000 GDP/capita, the BRICs' GDP/capita ranges from a tiny $1,500 (India) and low level of $6,800 (China) to modest levels of $11,200 (Brazil) and Russia ($14,600).
If we want to encourage autos that are more fuel efficient, and ultimately cars that rely on renewable energy, we need to start with the factors that influence consumer choice.
Why was the economics profession caught unaware by the financial crisis of 2008? Why did their models fail to predict a recession that very nearly became a worldwide depression?
Exposés like the Times' series on nail salon workers, and the other investigative research that came before it, can help shift consciousness. But what's also required is a power shift. A true transformation will require a broad social movement with the power to bring government back on the side of working families.
Today, our farmers, ranchers and rural communities are more prosperous and successful thanks to strong trade agreements.
Amid a recent flurry of announced investments in the booming Mexican auto sector, a cold hard fact is increasingly impossible to ignore: overall foreign direct investment (FDI) in Mexico has been nothing short of mediocre in recent years even despite the country's post-crisis hype.
Many Chicagoans write off the relentless comparisons of their city to bankrupt Detroit. After all, Chicago isn't a run-down, empty shell of a city. It doesn't rely on just one industry to survive. And it certainly hasn't lost 60 percent of its population like Detroit has.
With 62 consecutive months of job growth, a rising stock market, declining gas prices, and a growing perception of economic improvement, conventional wisdom dictates that voters would give Democrats high marks on the economy -- but the opposite is happening.
With social and economic inequality nearing record highs, our nation needs to take real steps to increase the opportunity for upward mobility. Republicans in Congress would be well-served to look to Connecticut as an example, instead of doubling down on failed trickle-down policies
To have any meaning and impact, serious tax reform would entail review and elimination, or at least significant adjustment, of an array of tax benefits that have accrued over the years making the tax code ever more complicated and draining needed revenues from Uncle Sam's coffers. Easy to say; not so easy to do.
On the campaign trail, Hillary Clinton has said, "We need to make the middle class mean something again." What does being middle class mean to Americans, and has the meaning changed?
If we listened to corporate lobbyists and conservative politicians, we'd spend our time dodging imaginary chunks of falling sky. Make sure all workers can earn paid sick days?
Let's start with ourselves. Each of us plays a role regarding minimum wage and must consider the most fundamental elements if we want to effect change.
It has been months since my last article. The absence was due in part to my preparation of a speaking engagement at the Luxury Lab conference last month in São Paulo, Brazil.