ECONOMY

Ten Ways to Make the Economy Work

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By Robert Reich – One big reason America was far more equal in the 1950s and 1960s than now is unions were stronger then. That gave workers bargaining power to get a fair share of the economy’s gains – and unions helped improve wages and working conditions for everyone. But as union membership has weakened…

Blinded by the Delight: Missing the Baltimore Grit and the Gulf Oil Escape

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By David Underhill – MOBILE, Ala. – Thoroughbreds charging around the final turn and down the homestretch. Blinders strapped on the sides of their faces to keep their attention on the finish line straight ahead. Preakness Stakes at Pimlico racetrack in Baltimore. Second leg of the Triple Crown later this week. Delegations of civic leaders…

Trans Pacific Trickle-Down Economics

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By Robert Reich – Have we learned nothing from thirty years of failed trickle-down economics? By now we should know that when big corporations, Wall Street, and the wealthy get special goodies, the rest of us get shafted. The Reagan and George W. Bush tax cuts of 1981, 2001, and 2003, respectively, were sold to…

The Trade Warp, Again?

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Eschew Obfuscation – By Michael Douglass – International trade deals are always notorious in the rear view mirror of globalization. Bill Clinton’s legacy will forever be jaundiced by two things, a blow job and NAFTA. That blow job didn’t usher in the atrophy of the American middle class. So exactly why is this president deliberately…

How the New Flexible Economy is Making Workers’ Lives Hell

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By Robert Reich – These days it’s not unusual for someone on the way to work to receive a text message from her employer saying she’s not needed right then. Although she’s already found someone to pick up her kid from school and arranged for childcare, the work is no longer available and she won’t…

The Defining Economic Moment and Hillary Clinton

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By Robert Reich – It’s a paradox. Almost all the economic gains are still going to the top, leaving America’s vast middle class with stagnant wages and little or no job security. Two-thirds of Americans are working paycheck to paycheck. Meanwhile, big money is taking over our democracy. If there were ever a time for…

The Big Chill: How Big Money Is Buying Off Criticism of Big Money

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By Robert Reich – Not long ago I was asked to speak to a religious congregation about widening inequality. Shortly before I began, the head of the congregation asked that I not advocate raising taxes on the wealthy. He said he didn’t want to antagonize certain wealthy congregants on whose generosity the congregation depended. I…

The Conundrum of Corporation and Nation

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By Robert Reich – The U.S. economy is picking up steam but most Americans aren’t feeling it. By contrast, most European economies are still in bad shape, but most Europeans are doing relatively well. What’s behind this? Two big facts. First, American corporations exert far more political influence in the United States than their counterparts…

Ambassador Carlos Alzugaray Speaks on US-Cuban Relations at South Alabama

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By Glynn Wilson – MOBILE, Ala. — The United States and Cuba finally have a chance to normalize relations and benefit both countries from the exchange of cultures thanks to the recent announcement by President Barack Obama that the long and tragic trade embargo should be lifted, according to Cuban Ambassador Carlos Alzugaray. He spoke…

We’re All Independent Contractors Now

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By Robert Reich – GM is worth around $60 billion, and has over 200,000 employees. Its front-line workers earn from $19 to $28.50 an hour, with benefits. Uber is estimated to be worth some $40 billion, and has 850 employees. Uber also has over 163,000 drivers (as of December – the number is expected to…

Trade Deals Boost the Top 1% and Bust the Rest of Us

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By Robert Reich – Suppose that by enacting a particular law we’d increase the U.S.Gross Domestic Product. But almost all that growth would go to the richest 1 percent. The rest of us could buy some products cheaper than before. But those gains would be offset by losses of jobs and wages. This is pretty…

Alabama Political Future Damaged by Labor vs. Environment Split

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The Big Picture – By Glynn Wilson – MOBILE, Ala. — A few years ago, Princeton graduate Charles Scribner with the Black Warrior Riverkeeper in Birmingham saw my coverage of the BlueGreen Good Jobs, Green Jobs conference in Washington, D.C. and sent me an e-mail asking an important question: Do you think it would be…

The New Compassionate Conservatism and Trickle-Down Economics

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By Robert Reich – Jeb Bush and Mitt Romney are zeroing in on inequality as America’s fundamental economic problem. Bush’s new Political Action Committee, called “The Right to Rise,” declares “the income gap is real” but that “only conservative principles can solve it.” Mitt Romney likewise promised last week that if he runs for president…

Why Wages Won’t Rise

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By Robert Reich – Jobs are coming back, but pay isn’t. The median wage is still below where it was before the Great Recession. Last month, average pay actually fell. What’s going on? It used to be that as unemployment dropped, employers had to pay more to attract or keep the workers they needed. That’s…

Draconian Neoliberalism: International and Domestic

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By Heather Gray – ATLANTA, Ga. — With the new Republican Congress being seated in January 2015 there is no doubt that there will be efforts to further expand neoliberal (politically conservative) policies at the expense of us all. In fact, the political right wing has been trying to erode the government’s “collective” benefits of…

Africatown Residents Oppose Industrial Rezoning for Steel Warehouse

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Planning Commission Denies Rezoning By Glynn Wilson – MOBILE, Ala. — More than 140 residents of Africatown turned out at a town hall public meeting Tuesday night to oppose an industrial rezoning that would open the way for a steel storage warehouse right across the street from a proposed tar sands crude oil tank city…

Africatown’s Hog Bayou At Risk From Industry, Again

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Africatown News – By Joe Womack – The historical value of Africatown’s Hog Bayou was carved in stone long before the Oil Barons of the world discovered Africatown’s valuable wetlands. Africatown’s Hog Bayou will forever be known as the place in Mobile where the “African” slaves taught the “American” slaves how to feed themselves and…

Why College Is Necessary But Gets You Nowhere

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By Robert Reich – This is the time of year when high school seniors apply to college, and when I get lots of mail about whether college is worth the cost. The answer is unequivocally yes, but with one big qualification. I’ll come to the qualification in a moment but first the financial case for…