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…
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…
By Robert Reich – It’s now possible to sell a new product to hundreds of millions of people without needing many, if any, workers to produce or distribute it. At its prime in 1988, Kodak, the iconic American photography company, had 145,000 employees. In 2012, Kodak filed for bankruptcy. The same year Kodak went under,…
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…
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…
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…
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…
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…
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…
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…
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…
By Glynn Wilson – MOBILE, Ala. – The new Congressman for Mobile and Baldwin County is making waves in Washington on Thursday with a statement he made on the House floor attacking President Barack Obama for restoring diplomatic relations with Cuba and recommending that Congress lift the entire trade embargo. Rep. Bradley Byrne issued a…
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 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…
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…
The Big Picture – By Glynn Wilson – MARION, Va. – We made the drive down U.S. Highway 81 out of Maryland and into Virginia on Monday on our first migration south for the winter in the camper van, making it to a familiar spot along Hungry Mother Creek, one of those many babbling brooks…
By Robert Reich – The richest Americans hold more of the nation’s wealth than they have in almost a century. What do they spend it on? As you might expect, personal jets, giant yachts, works of art, and luxury penthouses. And also on politics. In fact, their political spending has been growing faster than their…
By Robert Reich – Commenting on a recent student suicide at an Alaska high school, Alaska’s Republican Congressman Don Young said suicide didn’t exist in Alaska before “government largesse” gave residents an entitlement mentality. “When people had to work and had to provide and had to keep warm by putting participation in cutting wood and…
By Robert Reich – Imagine a system of college education supported by high and growing government spending on elite private universities that mainly educate children of the wealthy and upper-middle class, and low and declining government spending on public universities that educate large numbers of children from the working class and the poor. You can…
By Glynn Wilson – WASHINGTON, D.C. – Due to federal regulations, like it or not, automobile fuel economy has hit an all time high in the United States, while carbon dioxide emissions are now at a record low, according to a report from the Environmental Protection Agency. Model year 2013 vehicles achieved an average of…
