Nothing is allowed to get in the way of fracking.
Only 54K jobs created, unemployment rate rises to 9.1%.
What’s that definition of insanity again? Just keep doing that austerity dance, boys.
I’d like to make something clear: I am not advocating revolution. I am predicting it, which is different. I’m 56 goddamned years old, the last thing I want to deal with in my remaining years is a revolution. But our leaders, political, social and economic, have had their heads stuck so firmly up their asses, for so long, that eventually, the people’s anger is going to erupt. And when it does happen, they will have brought it on themselves. You can’t have government of the rich, by the rich, for the rich without consequences.
It’s like watching someone poking a stick in a hornet’s nest. Sooner or later, the law of cause and effect kicks in.
High school kids can now work an eight-hour shift after school. This allows businesses to fill their ranks with low-paid children instead of paying a living wage to adults. Progress!
Apparently Chris Lehane doesn’t understand just how low our expectations of politicians are:
Chris Lehane, a Democratic consultant who helped former President Bill Clinton through his cheating scandal, said Edwards’ errors were particularly egregious even in an American society used to seeing political leaders stumble.
“The conduct went beyond what people expect and assume from politicians,” Lehane said.
No Wall Street executives indicted yet, by the way. No new JOBS.
Other than that, we’re cool!
Sarah Palin. You know, Sarah, if you want to lead the country, you could at least learn the history. They let you read on the bus these days!
The past decade of wage growth has been one for the record books — but not one to celebrate.
The increase in total private-sector wages, adjusted for inflation, from the start of 2001 has fallen far short of any 10-year period since World War II, according to Commerce Department data. In fact, if the data are to be believed, economywide wage gains have even lagged those in the decade of the Great Depression (adjusted for deflation).
Two years into the recovery, and 10 years after the nation fell into a post-dot-com bubble recession, this legacy of near-stagnant wages has helped ground the economy despite unprecedented fiscal and monetary stimulus — and even an impressive bull market.
Over the past decade, real private-sector wage growth has scraped bottom at 4%, just below the 5% increase from 1929 to 1939, government data show.
To put that in perspective, since the Great Depression, 10-year gains in real private wages had always exceeded 25% with one exception: the period ended in 1982-83, when the jobless rate spiked above 10% and wage gains briefly decelerated to 16%.
I didn’t see Scott Horton’s original article, but I thought this piece was useful — if only to remind us that just because our leaders have done horrible things in the past, it doesn’t mean everything they do should be assumed to be the same.
A sitcom gets it. Why doesn’t our government? (h/t Brendan)