Economy

Economy (556)

Here’s a thought experiment:  What if a group of Social Security and Medicare recipients wanted to increase their benefits by, say, 1,000 percent, and proposed seizing rich people’s assets – houses, cars, boats, whatever – to pay for it? And whenever anybody suggested that was extreme, they rolled their eyes and said, “We’re pragmatists.”

It's so artfully done, and so diabolical, that one can picture secret seminars in subterranean Wall Street meeting rooms, guiding young business recruits in the proven process of taking an extra share of wealth from the middle class. Their presentation might unfold as follows:

The President will offer to keep the Bush tax cuts in place for those making less than $400,000, Bloomberg reports

A fatal accident at a chemical factory exposes the dangers faced by temporary workers across the country.

Thursday, 13 December 2012 16:55

Limits on Unions Pass in Michigan, Once a Mainstay

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With Democrats and labor leaders vowing retribution at the ballot box and beyond, the Republican-dominated Michigan Legislature on Tuesday approved sweeping, statewide changes to the way unions will be financed, substantially reducing their power in a state that has long been a symbol of union might and an incubator for the American labor movement.

Monday, 10 December 2012 15:47

“Fiscal cliff” cruelty

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Hiking the eligibility age is such a terrible idea Obama can't possibly be considering it. Or can he?

In an insidious power play, the for-profit university lobbied against "community college baccalaureate degrees"

Thursday, 06 December 2012 16:36

Apple to Resume U.S. Manufacturing

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For the first time in years, Apple will manufacture computers in the United States, the chief executive of Apple, Timothy D. Cook, said in interviews with NBC and Bloomberg Businessweek.

Walmart will continue to disappoint workers and labor rights activists in the coming months as it continues to ignore the current widespread workers' strike and protest movement against its labor policies and implements a new health insurance program that will deny healthcare coverage to employees who work fewer than 30 hours a week, according to a copy of the company’s policy obtained by The Huffington Post.

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