Since everyone knows that the real Fed hippies are in DC, a paper from the Chicago Fed highlighting the benefits of raising the minimum wage provides the argument with some conformist cred. According to economists David Aaronson and Eric French, Obama’s proposed minimum wage hike to $9 an hour would boost economic activity by 0.3 percent in the year followi
Former Governor Eliot Spitzer announced his run for NYC Comptroller yesterday and this morning on the Brian Lehrer show, he attacked his opponent, Scott Stringer, for opting into public financing. Spitzer said, “He (Stringer)’ll be spending your money, I’ll be spending my own.” This characteristic of public financing is misleading and wrong.
Corporations have revved their engines back up for round two of the smear campaign against Eliot Spitzer, the former Governor of New York who recently announced that he would run for New York City Comptroller. With headlines such as “Here We Ho Again” and “Lust For Power,” news outlets are again pigeonholing Spitzer as a depraved sex addict, more loathsome than the average politician gone wrong.
The Supreme Court of the United States must be criticized for blindness, perhaps even willful ignorance of reality, in their recent decision gutting the Voting Rights Act.
This week U.S. and European negotiators will begin secret talks that could bargain away a key element in American resistance to GMO foods. The proposed Transatlantic Trade and Investment Partnership (TTIP), also referred to as a Transatlantic Free Trade Agreement (TAFTA), will focus on "normalizing" regulatory practices that business interests deem limit trade, including the European approach to genetically modified foods.
For young people who look to the monthly jobs numbers for signs of hope for their future, the good news is in: that part-time, low-pay, no-benefits wait staffing job you always wanted is available for the summer.
Members of Congress are calling on the government to get out in front of the growing income gap by addressing the low wages paid within its own buildings.
In a July 2 letter to President Barack Obama, 17 House Democrats said the government needs to take action toward the fair treatment and decent pay of its unskilled service-contract employees, particularly those working at iconic sites such as Union Station, the Smithsonian and the National Zoo.
Over 65 million Americans have criminal records that pop up on background checks routinely used for employment screenings, according to a recent report from the National Employment Law Project. While they aim to promote workplace safety, background checks often dismiss otherwise qualified workers from obtaining jobs that would set them on the path to a better, crime-free life.
States used to have the authority to enforce usury laws, capping the excessive interest rates of any lender interested in transacting business with their citizens. Although usury laws are still on the books in some states across the country, when it comes to credit cards they are rendered useless by deregulation of the industry.
Despite a year filled with corruption scandals, the New York State legislature failed to adopt a public financing program—a necessary step in removing the outsized influence of money in politics. Senate Democrats proposed a last minute amendment to another bill before the end of the legislative session, but it failed because it did not receive support from every member of the Democratic conference.
New Jersey Senate heard arguments last week for legislation that would ban the exclusion of formerly incarcerated people from applying for jobs on the sole basis of their records. Part of the Opportunity to Compete Act in NJ, “ban the box” proposals like this one refer to the box convicted felons must check on employment paperwork.
In America, employees have the right to stick together to form unions and bargain collectively. At least, we’ve got those rights on paper. In practice, many employers routinely violate rights to organize, threatening, harassing, and illegally firing workers, whenever employees try to band together.
A group representing service employees has organized a morning of demonstrations and civil disobedience at various locations throughout the capital on Tuesday to protest low pay and alleged wage theft by vendors at federal buildings.
Good Jobs Nation, which represents low-wage employees of government contractors, plans to start the day with a mock trial in an intersection near the Ronald Reagan Building, according to organizers.
Beginning at 8:30 this morning, non-union, federally contracted workers plan to walk off the job at the Ronald Reagan Building and Old Post Office Pavilion in Washington, DC. Today’s strike, and a “mock trial” and pair of civil disobedience actions planned for this morning, are designed to highlight alleged “wage theft,” and to pressure President Obama to use his executive authority to require higher labor standards for federal contractors.
A new report from the Sunlight Foundation shows that post-Citizens United we are entering an era where political spending is dominated not by the 1 percent but by the top 1 percent of the 1 percent. In 2012, just 31,385 people contributed $1.68 billion in the election cycle. The median donation from the donor group was $26,574, which is more than half the median family income today.
The best-kept secret in Washington is that the executive branch’s own regulatory agenda is being steadily undermined by one little-known executive industry, the Office of Information and Regulatory Affairs (OIRA).
The Supreme Court’s decision in Shelby County v. Holder is a setback for democracy — especially at the local level.
Overwhelming evidence shows that too many politicians continue to win elections by unfairly manipulating election rules based on how voters look or talk. The Court’s decision makes this problem worse. The biggest problem will be the manipulation of election rules for local offices that are often non-partisan and escape national attention.