ECONOMY

Why Wages Won’t Rise

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By Robert Reich – Jobs are coming back, but pay isn’t. The median wage is still below where it was before the Great Recession. Last month, average pay actually fell. What’s going on? It used to be that as unemployment dropped, employers had to pay more to attract or keep the workers they needed. That’s…

Draconian Neoliberalism: International and Domestic

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By Heather Gray – ATLANTA, Ga. — With the new Republican Congress being seated in January 2015 there is no doubt that there will be efforts to further expand neoliberal (politically conservative) policies at the expense of us all. In fact, the political right wing has been trying to erode the government’s “collective” benefits of…

Africatown Residents Oppose Industrial Rezoning for Steel Warehouse

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Planning Commission Denies Rezoning By Glynn Wilson – MOBILE, Ala. — More than 140 residents of Africatown turned out at a town hall public meeting Tuesday night to oppose an industrial rezoning that would open the way for a steel storage warehouse right across the street from a proposed tar sands crude oil tank city…

Africatown’s Hog Bayou At Risk From Industry, Again

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Africatown News – By Joe Womack – The historical value of Africatown’s Hog Bayou was carved in stone long before the Oil Barons of the world discovered Africatown’s valuable wetlands. Africatown’s Hog Bayou will forever be known as the place in Mobile where the “African” slaves taught the “American” slaves how to feed themselves and…

Why College Is Necessary But Gets You Nowhere

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By Robert Reich – This is the time of year when high school seniors apply to college, and when I get lots of mail about whether college is worth the cost. The answer is unequivocally yes, but with one big qualification. I’ll come to the qualification in a moment but first the financial case for…

And Now the Richest .01 Percent

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By Robert Reich – The richest Americans hold more of the nation’s wealth than they have in almost a century. What do they spend it on? As you might expect, personal jets, giant yachts, works of art, and luxury penthouses. And also on politics. In fact, their political spending has been growing faster than their…

Suicide in Alaska and the Republican Empathy Deficit Disorder

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By Robert Reich – Commenting on a recent student suicide at an Alaska high school, Alaska’s Republican Congressman Don Young said suicide didn’t exist in Alaska before “government largesse” gave residents an entitlement mentality. “When people had to work and had to provide and had to keep warm by putting participation in cutting wood and…

Government Spends More Per Pupil at Private Universities than Public Schools?

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By Robert Reich – Imagine a system of college education supported by high and growing government spending on elite private universities that mainly educate children of the wealthy and upper-middle class, and low and declining government spending on public universities that educate large numbers of children from the working class and the poor. You can…

Report Shows Fuel Economy Up, Carbon Emissions Down in the U.S.

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By Glynn Wilson – WASHINGTON, D.C. – Due to federal regulations, like it or not, automobile fuel economy has hit an all time high in the United States, while carbon dioxide emissions are now at a record low, according to a report from the Environmental Protection Agency. Model year 2013 vehicles achieved an average of…

Why We Allow Big Pharma to Rip Us Off

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By Robert Reich – According to a new federal database put online last week, pharmaceutical companies and device makers paid doctors some $380 million in speaking and consulting fees over a five-month period in 2013. Some doctors received over half a million dollars each, and others got millions of dollars in royalties from products they…

Why the Economy is Still Failing Most Americans

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By Robert Reich – I was in Seattle, Washington, recently, to congratulate union and community organizers who helped Seattle enact the first $15 per hour minimum wage in the country. Other cities and states should follow Seattle’s example. Contrary to the dire predictions of opponents, the hike won’t cost Seattle jobs. In fact, it will…

Raising Most People’s Wages

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By Robert Reich – I was in Seattle, Washington, recently, to congratulate union and community organizers who helped Seattle enact the first $15 per hour minimum wage in the country. Other cities and states should follow Seattle’s example. Contrary to the dire predictions of opponents, the hike won’t cost Seattle jobs. In fact, it will…

Why Ordinary People Bear Economic Risks and Donald Trump Doesn’t

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By Robert Reich – Thirty years ago, on its opening day in 1984, Donald Trump stood in a dark topcoat on the casino floor at Atlantic City’s Trump Plaza, celebrating his new investment as the finest building in Atlantic City and possibly the nation. Last week, the Trump Plaza folded and the Trump Taj Mahal…

A Web Published Talk on Electronic Publishing in 2000

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Speech predicts the death of print newspapers, delivered at the turn of the century Writing Today conference at Birmingham Southern College, Saturday April 30, 2000. I am planning to say something more on this subject soon. This is a link for background in advance. You can read the talk, since it was published then on…

Adding Up the Billions Wasted by House Republicans

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By Nicholas Sheppard – How much have the Republicans cost the taxpayer, directly and in terms of hindered economic potential, since they took over the House in 2010? A few days ago, the price tag was announced for the Republican lawsuit against the president. House Administration Chairwoman Candice S. Miller, R-Mich., said the firm BakerHostetler…

The Egregious History of Coca-Cola: A Capitalist Abuser

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By Heather Gray – Years ago, Alex Cockburn tried to encourage me to write a book about The Coca-Cola Company. I haven’t done this as yet. But he would be pleased, however, about me mentioning the recent victory reported by the India Resource Center regarding Coca-Cola Expansion Plans Rejected” in India. This was followed by…

The Rebirth of Stakeholder Capitalism?

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By Robert Reich – In recent weeks, the managers, employees, and customers of a New England chain of supermarkets called “Market Basket” have joined together to oppose the board of director’s decision earlier in the year to oust the chain’s popular chief executive, Arthur T. Demoulas. Their demonstrations and boycotts have emptied most of the…