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Tag Archives: economy
8 Stark Realities of America’s Dysfunctional New Economy
By Steven Rosenfeld There’s a new normal in the American economy for vast slices of society and it’s discouragingly tough, despite all the cheerleading from the White House and economists that the country is in a slow but steady recovery. … Continue reading
Black Unemployment Drives ‘Perpetual, Slow-Moving Recession’
By Artgur Delaney Tatia Pritchett’s 2002 Hyundai Sonata blew a tire early on a Friday morning in June when she was on her way to work. “I was driving and all of a sudden, KAPOW,” she said. She pulled over and … Continue reading
SPENT
Understand how being unemployed can endanger not just yourself but those you love. Understand how we need to raise the minimum wage. Living on a $9.00 the minimum wage would still be extremely hard for families to survive but it … Continue reading
Posted in Thoughts of the Soul Brother
Tagged Bureau of Labor Statistics, economy, education, employment, jobs, labor, Living wage, minimum wage, money, poverty, stress, unemployment, United States, Wage
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Part-Time Workers Say Schedules Are Getting More Erratic
By Marilyn Geewax In the 1980s, a popular fast-food commercial touted chicken-breast sandwiches — and mocked chicken nuggets sold by competitors. In the ad, a competitor’s doofus clerk explains nuggets. “All the parts are crammed into one big part,” he said. … Continue reading
A crisis for the very old: They’re outliving their assets
By Michael Hiltzik As if you haven’t been scared enough by the projections that most Americans haven’t saved enough to maintain their lifestyles as they enter retirement, here’s something even more terrifying: Nearly half of all Americans will outlive their … Continue reading
Posted in News from the Soul Brother
Tagged AARP, Aspen Institute, Credit card, Credit card debt, debt, economy, elderly, Michael Hiltzik, Net worth, United States
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Shame on Walmart!
By Ralph Nader When one considers Walmart’s company slogan — “Save money. Live better.” — it almost seems as if they are referring to their corporation’s big shareholders — the super-rich Walton family — rather than their employees … Continue reading
Why Paid Family Leave Is Good for Everyone (Even People Who Don’t Use It)
By Nanette Fondas The Rhode Island legislature voted last week to pass a law to give workers paid time off to care for a new child or seriously ill or injured family member. If Governor Lincoln Chafee signs the bill … Continue reading
Walmart Threatens To Shut Down Stores If DC Passes Living Wage Bill
By Aviva Shen Walmart fought hard to persuade DC residents to let it open stores in the district. But now the retail giant is threatening to walk away from three planned sites if the DC City Council passes a “living wage” … Continue reading
Last Week in Poverty: The Unfinished March on Washington for Jobs and Freedom
By Greag Kaufmann “[African-Americans] must march from the rat-infested, overcrowded ghettos to decent, wholesome, unrestricted residential areas disbursed throughout our cities…. They must march from the play areas in crowded and unsafe streets to the newly opened areas in the … Continue reading
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