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On July 24, President Obama delivered a speech in Galesburg, IL, to lay out his vision for an economy that works for everyone and what he hopes to do to get us there. During his speech, he acknowledged that gridlock in Washington will likely prevent Congress from providing sensible solutions, but he
In the media
Jonathan Ross
After the D.C. Council approved a bill that requires large retailers to pay their workers a "living wage" of $12.50 -- and Walmart retreated from the capital in protest -- we thought it'd be worth considering what that requirement could do for the economy.
In the media
Caroline Fairchild
Picking a new chairman of the Federal Reserve may be the most important nomination a president can make. The next Fed chair will play an instrumental role in determining the future trajectory of America’s straggling recovery, and determining how financial regulation gets implemented.
In the media
Ned Resnikoff
Image
Smiling Black father and child on a swing
Crime is a component of poverty, opportunity, & proximity, not a racial pathology.
Blog
Michael Jackson
The Senate Finance Committee wrote an open letter last month to the rest of the Senate calling for tax code reform suggestions. The due date for proposals was this past week. Among other parts of the code, the charitable tax deduction faces potential overhaul.
Blog
Jack Grauer
I am of course glad to see President Obama focus the country on what he correctly identifies as the most pressing national problem, the crushing of the middle class. The solution he laid out in his address at Knox College, a middle-out economics which sees the middle class as the engine of the
In the media
Richard Kirsch
I am of course glad to see President Obama focus the country on what he correctly identifies as the most pressing national problem, the crushing of the middle class. The solution he laid out in his address at Knox College, a middle-out economics which sees the middle class as the engine of the
In the media
Richard Kirsch
“Job security, with good wages and durable industries. A good education. A home to call your own. Affordable health care when you get sick. A secure retirement even if you’re not rich.”
Press release/statement
Whatever growth in GDP or reductions in unemployment, most Americans think the economy stinks. According to a new CBS poll, more than 60 percent of people polled rate the economy as "bad." And well they should: For the vast majority of Americans, economic gains during the recovery have almost
In the media
Charles Wilbanks
80 percent of Americans support raising the minimum wage to $10.10 per hour.
Blog
Gwyn Ellsworth