Senator Elizabeth Warren appeared on CNBC's "Squawk Box" last Friday to discuss her proposed update of the Glass-Steagall Act and the big banks --- but the station's hosts didn't appear to be willing participants --- they almost sounded hostile.
From FY2011 to FY2012 (in the aftermath of the Great Recession) it was reported that there were actually less Social Security disability claims, less awards and more SSDI terminations. By the end of 2012, total disabled workers receiving SSDI benefits numbered 8.8 million --- not 14 million that the NPR consistently reports.
A report from the Bureau of Labor Statistics titled Comparing benefit costs for full- and part-time workers says, "Health insurance appears to be the only benefit representing a true quasi-fixed cost to employers, meaning that the cost per hour worked is greater for part-time employees than it is for full-time employees."
Before arguing against Robert Reich's antiquated theory on his pro-immigration stance, first allow me to give you a very brief history of immigration to the U.S. as it relates to population growth, and the major occupation that supported the livelihoods of most Americans during this time. That way, by putting everything into a broader context, you will have a much better understanding of just how new immigration will affect us today.
This week several groups announced a campaign to stop the Trans-Pacific Partnership (TPP). People have had enough experience with treaties like NAFTA to know that it is bad for the economy, bad for workers and bad for the environment. And the Trans-Pacific Partnership trade agreement is NAFTA on steroids.
Again, just prior to the 4th of July week-end, political activist and consumer advocate Ralph Nader questions the patriotism of corporate America in an op-ed piece, writing to business leaders about reciting the pledge allegiance to the American flag at their annual shareholder meetings.
It's been said that money is the root of all evil. But does money really make people more likely to lie, cheat and steal? New research released by the Proceedings of the National Academy of Sciencessays "yes".
The Wall Street Journal's headline asks, "Are Jobless Benefits Leading to Higher Unemployment?" But in the very first paragraph in their story they answer their own question with A new paper from the Federal Reserve Bank of Boston suggests the answer is no -- or at least not much. So then, why does the WSJ ask? Why not just use the headline of this post?
The change in the skill (educational) level of jobs being moved abroad has led some to wonder whether the offshoring of service, unlike production, activities will result in college graduates facing a dwindling supply of entry-level jobs that have traditionally served as stepping-stones to higher skilled and higher paying positions. The notion that offshoring depresses job growth in the United States appears to underlie support among some policymakers for measures meant to encourage U.S. firms to expand employment domestically rather than abroad.
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