Blogging Blue » The Economy

As promised: Unions Can be a Good Thing or Not!

Ed Heinzelman — Mon, 06 Sep 2010 18:14:25 +0000

"... four reasons labor unions can be good for investing -- and one why they aren't." [...]

Where or where did those oil jobs NOT go?

Ed Heinzelman — Mon, 06 Sep 2010 15:24:54 +0000

Well guess what? So far those job losses haven’t materialized and even the federal government projections of “23,000 lost jobs and $10.2 billion in economic damage — is proving to be too pessimistic”. [...]

Tim John nails the point on central city unemployment!

Ed Heinzelman — Wed, 25 Aug 2010 02:14:26 +0000

I started working on this blog about a week ago and then set it aside when Tim John posted that he was attending Drinking Liberally. I thought I’d talk to him a bit and add any new information before posting. Well he showed up but I got distracted by other conversations. Well after reading [...]

Yea but George Soros…

Proud Progressive — Tue, 24 Aug 2010 15:09:10 +0000

In the 90′s the republican party could not stand the fact that they no longer had the presidency, so the billionaires of the party(Richard Mellon Scaife), started the Arkansas Project, strictly to discredit Bill Clinton. The whole time, in order to distract from what they were doing, complained about the one liberal billionaire, George [...]

Why are some gulf coast jobs worth more than others?

Ed Heinzelman — Tue, 17 Aug 2010 00:20:47 +0000

Since the BP oil spill and the announcment of the administration’s moratorium on drilling in the gulf, there has been a lot of talk about the effect of the moratorium on oil production jobs in the gulf area.

But why are oil jobs more important than the jobs portrayed in the cartoon? [...]

We need fiscal conservatives….

Proud Progressive — Mon, 16 Aug 2010 16:10:14 +0000

Yes we need fiscal conservatives in Washington to run our government for us. Obviously, President Obama can’t do it, his wife went on vacation.

So we need a fundamental change government, so that we can have fiscal conservatives like Linda McMahon, who spent $24 million dollars in a PRIMARY for a $174,000/yr Senate [...]

Who’s to blame for all those job losses?

Zach — Mon, 16 Aug 2010 10:55:18 +0000

And here’s an explanation of the chart (emphasis mine): From December 2007 to July 2009 – the last year of the Bush second term and the first six months of the Obama presidency, before his policies could affect the economy – private sector employment crashed from 115,574,000 jobs to 107,778,000 jobs. Employment continued [...]

The Scam of the Flim Flam Man – Paul Ryan

MadCityMan — Fri, 06 Aug 2010 22:26:13 +0000

Paul Krugman takes on the Golden Boy of the GOP - Paul Ryan - in today's New York Times. You can read his column "The Flim Flam Man" here. I thought there were several points worth extracting from the editorial. "But no: as long as someone on the right claims to have bold new proposals, he’s hailed as an innovative thinker. And nobody checks his arithmetic. "Which brings me to the innovative thinker du jour: Representative Paul Ryan of Wisconsin." "But it’s the audacity of dopes. Mr. Ryan isn’t offering fresh food for thought; he’s serving up leftovers from the 1990s, drenched in flimflam sauce." [...]

There is hope for America…..

Proud Progressive — Thu, 05 Aug 2010 15:00:09 +0000

This week there were a slew of primaries throughout the country. With those primaries came one notable loser…the tea party movement. As I have detailed, the Koch Industries funded, misguided extreme faction of the republican party is proving not to have much success turning their so called movement into election victories. On Tuesday moderates [...]

Seventy percent “organic” and 100 percent starvation wages

AL — Wed, 28 Jul 2010 16:03:24 +0000

Why is Wal-Mart blocking 35 cents an hour for Bangladeshi workers?

Call Wal-Mart today!

Over 3.5 million mostly young women garment workers are trying to climb out of misery. With a new minimum wage of just 35 cents an hour, the workers could live with a modicum of dignity. Ask Wal-Mart to stop [...]