In the wake of the National Security Agency scandal, the mainstream media is obsessing over Edward Snowden’s security clearance. It is asking, along with Senators from the Intelligence Committee, why a systems administrator at Booz Allen Hamilton had access to troves of top-secret documents and whether or not the vetting process for the other 1.4 million people with top-secret clearances is rigorous enough. The fear, the mainstream seems to be pushing on Americans, is that other leaks are in store.
The retail sector has been a star of recent jobs reports. May's numbers from the Department of Labor say it was responsible for adding 28,000 positions to the overall economy. It's on an upward trend – the monthly retail employment number has averaged 20,000 for the past year.
Considering one in nine Americans work in, for or in stores ranging from the corner grocery to big box behemoths, this should be great news. And it would be – if these jobs paid anything resembling a living wage. But all too many of them don't. [...]
Borrowing a line from Tolstoy, Gar Alperovitz’s latest book, What Then Must We Do?: Straight Talk About the Next American Revolution, seeks to resolve a troublesome political puzzle: How do we eradicate systemic problems like inequality, climate destruction, and poverty when these problems seem to get worse and worse, year after year, despite the good efforts of social reformers, progressives, and radicals of all stripes? Good question.
One by one, the House Financial Services Committee has rubber-stamped industry approved bills that would weaken elements of Dodd-Frank designed to hem in risky derivatives trading.
Yesterday, Senator Jeff Merkley (D-OR) got off to an auspicious start as chair of the Banking Subcommittee on Economic Policy by doing something that is all too novel—inviting people with the most at stake in economic policy decisions to testify in Congress.
The Organization for Economic Co-operation and Development (OECD) has just released the third iteration of its Better Life index with a fantastic data visualization tool that allows you to compare the 34 existing member countries based on 11 different indicators of human well-being: material conditions including housing, income, and jobs and quality of life conditions including community, education, environment, c
Imagine that you're trying to make an extremely complicated decision. You want to understand the facts and do the right thing. At one ear, you have someone -- perhaps a former colleague -- who whispers you highly detailed advice six times a day, cajoling and pleading. At the other ear, is someone who whispers you advice only once or twice a week.
Around the world, wealthy countries might be creating jobs but they’re worse jobs that pay lower wages and offer fewer benefits. In the United States, one of the largest employers of low-wage workers is Walmart. About 1.4 million Americans work for Walmart — the company has about two million employees worldwide. And the average hourly wage for a Walmart associate? An estimated $8.81 an hour.
Housing prices are coming back and consumers—feeling flush now that their home equity is rebounding—are more confident than they've been in four years. The American middle class is finally getting back on its feet after a half decade of trauma, right?
Progressive organizations in New York City and Washington, D.C. rail a good amount against big banks. But not enough of those organizations have cut themselves off from those "too-big-to-fail" institutions to join, say, the Amalgamated Bank (AB), a bank which does not have a history of scandals and scams that banks like Bank of America, Wells Fargo, and JPMorgan Chase do.
You probably haven’t seen the terms of the new Trans-Pacific Partnership trade deal currently being negotiated by the Obama Administration. Unless you’re one of “600 trade ‘advisers,’ dominated by representatives of big businesses, who enjoy privileged access to draft texts and negotiators” the deal is secret and we know its terms only through select leaks, according to Lori Wallach and Ben Beachy of Public Citizen’s Global Trade Watch.
Americans don't like inequality and the want to do something about this problem. But they aren't crazy about using government to redistribute wealth and income. Instead, they would rather see bigger investments in education to expand opportunity and have businesses pay higher wages.
Concentrated poverty has a new address, and this time it's not in the inner city. For many Americans, moving to a house in the suburbs means they've "made it," and overcome the economic stumbling blocks that kept them in cramped city apartments.
Apple always seemed like the perfect company. Not so fast. When CEO Tim Cook testified before Congress on May 25, he didn’t come to talk about Apple’s latest amazing gadget or the need to grant more visas to computer programmers. Rather, in his maiden voyage to Capitol Hill as Steve Jobs’s successor, Cook had to defend the company’s tax-avoidance efforts. What should have been a triumph for Cook was instead an awkward encounter. [...]
For all the talk about inequality over the past two decades, scholars have known surprisingly little about what Americans think about the growing class divide and what they'd like to do about it, if anything.
On May 21, I had the opportunity to testify before a Congressional Progressive Caucus meeting on how federal dollars drive inequality by paying contractors who pay too many of their workers too little. The hearing was driven by a study from Amy Traub and her colleagues at Demos, a New York based think tank, that issued a report exposing the many ways that federal contracting often adds to the burden of the low income, especially those who earn less than $12 an hour, or less than $25,000 a year.
Republicans and Democrats may never see eye-to-eye on certain types of government spending, such aid for the poor. But bipartisanship is more possible when it comes to other roles for the public sector. For instance, as I noted here a few weeks ago, President Obama's new federal initiative to map the human brain has received widespread support from Republican leaders, who have often backed increased science spending in the past two decades even as the GOP has made room for anti-science kooks like Senator Jim Inhofe.
Most people don't think about them until they're gone.
They pick up your trays at the food court and empty the trash bins at the National Air and Space Museum. They make uniforms for the military and drive truckloads of federally owned goods. In other words, they quietly keep things running smoothly at federal buildings in Washington, D.C. and around the country.
But the two million or so low-wage workers who work for private companies on behalf of the federal government say they aren't recognized or compensated fairly, and they're sick of it. [...]