RECENT NEWS

Where Have America’s Jobs Gone?

Hiring at McDonald’s; Wireless Networks’ Job-Killing Effect; One Machine Doing The Work of Three By Justin Lahart and James R. Hagerty Wall Street Journal, July 12, 2011 Bloomberg NewsConstruction workers on a roof of a home in Phoenix There are many reasons U.S. companies give for their lack of robust ... Read more

The Ideological Crisis of Western Capitalism

By Joseph E. Stiglitz Project Syndicate, July 6, 2011 NEW YORK – Just a few years ago, a powerful ideology – the belief in free and unfettered markets – brought the world to the brink of ruin. Even in its hey-day, from the early 1980’s until 2007, American-style deregulated capitalism brought greater ... Read more

Historically deep job loss, but not an unusual recovery

By Josh Bivens and Isaac Shapiro Economic Policy Institute, July 6, 2011         Read Issue Brief Listen to Press Call with EPI’s Heidi Shierholz and Josh Bivens View Press Release Decline in government jobs noteworthy recovery feature Two years since the end of ... Read more

Ten facts about the recovery

By Heidi Shierholz Economic Policy Institute, July 6, 2011 Read Issue Brief Listen to press call | Click through slideshow View press release The Great Recession, which began in December 2007 and caused the most severe job loss this country has seen in seven decades, officially ended in June 2009. As we mark the ... Read more

Reports: Obama pushing for cuts to Social Security, Medicare

By Glenn Greenwald Salon.com, July 7, 2011 This is at once an extraordinary and completely unsurprising headline: For months, the standard narrative among progressive commentators was that Republicans were outrageously exploiting the debt ceiling deadline to impose drastic entitlement ... Read more