User: newstrust Topic: US Economy
Category: Jobs
Last updated: Jun 22 2017 15:35 IST RSS 2.0
 
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Changing America, part V: The coming millennial boom 22.6.2017 The Hill
In the weeks before residents of Tulsa, Okla., went to the polls last spring, coasters started showing up in the city's bars advertising a party outside the county elections office.
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Place Matters 22.6.2017 American Prospect
This article appears in the Summer 2017 issue of The American Prospect magazine. Subscribe here .  Donald Trump’s election may have stunned us all, but it shouldn’t have. There were plenty of signals that regions of the country on whose support Democrats had long counted were in economic collapse. And like most of us, the Democrats failed to see them. In May 2016, the Economic Innovation Group (EIG) released a study—“The New Map of Economic Growth and Recovery”—that made no discernible impact on progressive discourse or Democrats’ strategy. But, like the Angus Deaton and Anne Case studies on rising death rates within the white working class—which did enter progressive discourse but also had no impact on Democrats’ strategy—it sure as hell should have. The EIG’s study strikes me as the necessary corollary to the Deaton-Case documentation of the rise in “deaths of despair” within the white working class. What it shows, simply, is that businesses and employment opportunities are concentrated as never before ...
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Paul 'Jobs, Jobs, Jobs' Ryan Should Heed Brownback’s Trickle-Down Failures 22.6.2017 American Prospect
(AP/Carolyn Kaster) House Speaker Paul Ryan of Wis., speaks during the National Association of Manufacturers (NAM) 2017 Manufacturing Summit in Washington, Tuesday, June 20, 2017. After passing a bill that will gut the American health care system, Washington, D.C.’s favorite conservative wonk-master, House Speaker Paul Ryan, is beginning to lay the groundwork for his “Better Way” tax plan, which he touts as a beacon of truly comprehensive reform—though the only certain detail in the plan is that it would dole out generous tax cuts to the top income and corporate rates.  In a Tuesday speech at the National Association of Manufacturers’ annual summit—an event chock full of the business owners and CEOs who will reap the tax-cut rewards—Ryan delivered a big speech about the need for tax reform that consisted of nothing more than the same tired trickle-down talking point that Republicans have clung to for 40 years. “…Once in a generation or so, there is an opportunity to do something ...
George F. Will: Let us plunge toward our fast-unfolding future 22.6.2017 Salt Lake Tribune
Washington • In 1859, when Manhattan still had many farms, near the Battery on the island’s southern tip The Great American Tea Company was launched. It grew, and outgrew its name, becoming in 1870 The Great Atlantic & Pacific Tea Company, which in 1912 begat the first A&P Economy Store, a semi-modern grocery store. By 1920, there were 4,500 such stores; by 1930, 15,000. In 1936, in Braddock, Pennsylvania, A&P opened a “supermarket.” By the 1950s, A&P was, briefly, what Walmart now is, the natio...
Home sales up in May, but buyers face sharply rising prices 21.6.2017 Salt Lake Tribune
Washington • Americans shopping for a house are facing an intensifying set of pressures: Fewer and fewer homes are being listed for sale, while prices are climbing at a pace that most incomes can’t possibly match. The May sales report released Wednesday by the National Association of Realtors shows a housing market unable to meet the demand from would-be buyers. Sales edged up 1.1 percent in May to a seasonally adjusted annual rate of 5.62 million, a decent gain amid a relatively stable job mark...
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Policies that will make the next recession both more likely and worse 21.6.2017 Washington Post
Policies that will make the next recession both more likely and worse
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The 'wave' of right-wing populist sentiment is a myth 21.6.2017 Washington Post
The 'wave' of right-wing populist sentiment is a myth
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Why the White Worker Theme Is Harmful 21.6.2017 American Prospect
This article appears in the Summer 2017 issue of The American Prospect magazine. Subscribe here .  “After all, if every economic issue is framed as a struggle between a hard-working white middle class and undeserving minorities, then workers of all shades will be left fighting for scraps while the wealthy withdraw further into their private enclaves.”  —Barack Obama, Farewell Address, Chicago, January 2017 After three losses to Ronald Reagan and George H.W. Bush, a trifecta last accomplished by Presidents Harding, Coolidge, and Hoover, there was much hand-wringing among Democrats about the loss of the South and the vanishing loyalty of Southern whites. William Galston and Elaine Kamarck at the Progressive Policy Institute argued that the electoral math made the South the true presidential battleground; that Democrats could not win by being more liberal or hoping to motivate black and poor voters to increase their voter participation. Thomas Edsall and Mary Edsall similarly warned in the pages of The ...
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Study: Seattle minimum wage hasn't cut jobs 21.6.2017 AP Washington
SEATTLE (AP) -- Seattle's $15-an-hour minimum wage law has boosted pay for restaurant workers without costing jobs, according to a study released Tuesday....
As Brexit talks begin, Europe enjoys an economic upswing over Britain 21.6.2017 Salt Lake Tribune
London • When Britain voted to leave the European Union a year ago, proponents argued that the British economy was being held back by the slow-growing, dysfunctional bloc. A year on, and with the Brexit divorce talks finally starting, the situation is radically different. Britain’s economy is growing more slowly than Greece’s, its households are getting poorer as inflation rises and the government is struggling to stay in power. The remaining 27 members of the EU, meanwhile, appear to have pushe...
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As Brexit talks begin, Europe is experiencing an economic upswing over the Britain 21.6.2017 Salt Lake Tribune
London • When Britain voted to leave the European Union a year ago, proponents argued that the British economy was being held back by the slow-growing, dysfunctional bloc. A year on, and with the Brexit divorce talks finally starting, the situation is radically different. Britain’s economy is growing more slowly than Greece’s, its households are getting poorer as inflation rises and the government is struggling to stay in power. The remaining 27 members of the EU, meanwhile, appear to have pushe... <iframe src="http://www.sltrib.com/csp/mediapool/sites/sltrib/pages/garss.csp" height="1" width="1" > </frame>
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Non-motorized recreation on BLM lands contributes $54 million to Arkansas River Valley economy 21.6.2017 Denver Post: News: Local
Visitors who engaged in “quiet recreation” -- meaning they did not twist a throttle or stomp a gas pedal during their visit-- kicked up $54.3 million in spending in Arkansas River Valley communities in 2015.
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Migrant Workers Pour Trillions Into World Economy 20.6.2017 Truthout - All Articles
A new report by the International Fund for Agricultural Development (IFAD) says the flow of money from migrants -- commonly located in developed countries -- to their families in lower income countries has doubled over the last decade. Dubbed the remittance flow, it increased by 51 percent -- from 296 billion dollars in 2007 to 445 billion in 2016 -- lifting families out of poverty across the world. Migrants in the United States typically send the largest amount of money, making the US the biggest benefactor, closely followed by Saudi Arabia and Russia,  according to the report . In fact, the top ten countries, largely in Europe and the Gulf Council, account for half of the annual flows. The increase in flow of money brings good news. First, it increases the leverage of migrant workers all over the world. Second, it boosts sustainable development in countries which benefit from the money, notably China, India and the Philippines, which tops this list. Asia receives nearly 55 percent of the total money ...
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This generation's idiotic trade policy is about to be born 20.6.2017 Washington Post: Op-Eds
This generation's idiotic trade policy is about to be born
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Sean Spicer's off-camera, no-audio press briefing, annotated 20.6.2017 Washington Post: Politics
Unless you were in the room, you could not watch or even listen to the Q&A. So, we're offering the next best thing.
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This is the one climate solution that’s best for the environment — and for business 20.6.2017 Washington Post
This is the one climate solution that’s best for the environment — and for business
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John Oliver picks a fight with the coal industry 20.6.2017 Daily Kos
A certain moment from last year’s presidential election is usually singled out by Trump supporters and out-of-touch elite media columnists who love to write long dissertations about how the Democratic party is out-of-touch with the white working class. During a March 2016 CNN Town Hall, Hillary Clinton was asked, in effect, why poor white should people vote for her.  Her response , where she talked about finding new job opportunities in a green economy that focused on clean renewable energy, was taken out of context and essentially quoted as: “we're going to put a lot of coal miners and coal companies out of business.” Opponents of climate change prevention policies attacked, tying her response together with criticisms of Obama administration policies, and the moment was used by the current president to double-down. Trump has promised to create thousands of new coal industry jobs, but the symbolism of it fit the Trump campaign’s modus operandi. For many of those who believe the bullshit about Trump and ...
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Ensuring foreign-born founders can grow their startups in the U.S. 20.6.2017 TechCrunch
 Knowing of the significant contributions foreign-born founders have made to the entrepreneurial ecosystem and the broader U.S. economy, NVCA has long championed the creation of a Startup Visa for talented immigrant entrepreneurs to remain in the U.S. if they can demonstrate their enterprise is viable and has appropriate funding. Read ...
Calkins selling 6 newspapers near Philadelphia, Pittsburgh 20.6.2017 Salt Lake Tribune
Levittown, Pa. • Family-owned Calkins Media is selling its six daily newspapers in the Philadelphia and Pittsburgh suburbs. The company announced Monday that GateHouse Media is acquiring the Bucks County Courier Times, The Intelligencer, the Beaver County Times and the Ellwood City Ledger, all in Pennsylvania, and the Burlington County Times in New Jersey. A parent of GateHouse says the deal is worth $17.5 million. Calkins says a sixth property, the (Uniontown) Herald-Standard, is being purchase...
"If You Work a Full-Time Job, You Shouldn't Be Earning a Poverty Wage" 19.6.2017 Truthout - All Articles
It seems many in corporate media have a hard time believing that anyone would be outraged that someone doesn't support a living wage, however they say it, because the idea that raising the minimum wage is "controversial," that it kills jobs and hurts business, is such a hardy media perennial. We talked about the myths and misinformation surrounding the living wage with economist Holly Sklar. Striking Walmart employees and their supporters rally outside of a Walmart store in Pico Rivera, California, Thursday October 4, 2012. (Photo: UFCW International Union ) For the June 9, 2017, episode , CounterSpin reaired a piece originally broadcast on November 14, 2015 , in which Janine Jackson interviewed Holly Sklar about living wage economics. MP3 Link In a TV debate with Democrat Jon Ossoff, Georgia Republican Karen Handel said: "This is an example of a fundamental difference between a liberal and a conservative. I do not support a livable wage." Many people remarked on what was called a gaffe, but some took ...
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