unemployment

Myopic Selfishness of the Wealthy Leads to Constricting Economy

The economic stance in favor today is to give breaks to the wealthy under the expectation that if they have more money, they are more likely to be in a position to invest to make our means of production bigger and better. What the stance is missing is that corporations do lots of marketing studies to figure out how much of what to produce. Guess what the marketing studies look at? more »

Armand Biroonak's picture

CAF STAFF

Unemployment Has Grown Under Bush's Watch

The success of the Bush tax program and economic policies are clear: 8.5 million Americans are unemployed—2.5 million more than when Bush took office.

Source
"Talking Points for Charts The Bush Economy," Joint Economic Committee Democrats. 6 June 2008. http://jec.senate.gov/index.cfm?FuseAction=Files.View&FileStore_id=21d54dfc-6cbe-4cb4-ae89-2eb8ccdd581d
Isaiah J. Poole's picture

CAF STAFF

April Jobs Report: "This is What A Recession Looks Like"

Lawrence Mishel, the president of the Economic Policy Institute, says in this podcast that there is further confirmation that we are in a recession in Friday's unemployment report. Policymakers need to respond with a much more robust program of job creation and extended unemployment benefits than that being advanced by the Bush administration and conservatives. more »

Isaiah J. Poole's picture

CAF STAFF

Fiddling While the Economy Burns

You would think that after the latest dismal jobs report that the Bush administration would stop the spinning. But, no. more »

Isaiah J. Poole's picture

CAF STAFF

Lean Economy Turning Mean?

nytimes.com — Getting a job in George W. Bush's economy was already hard for a lot of people, but in the last few months it has gotten dramatically worse. All over the country, there are stories of people who are doing all of the right things, but still can't get a decent job.

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Ohio Job Losses Worst Since Great Depression

In the past seven years, Ohio has suffered its worst job losses since the Great Depression. That's a strong witness to the depressing effects of record trade deficits. more »

U.S. Lost 17,000 Jobs in January

cnbc.com — For the first time in nearly 4-1/2 years, U.S. payrolls shrank as continuing losses in construction and manufacturing reflected the economy's waning momentum. The Labor Department also lowered some job growth estimates from previous months.

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