Economy

Examine: Mobility has been weak – since the Nixon years

mobility_geo This map shows the average percentile rank of children who grow up in below-median income families across areas of the U.S. (absolute upward mobility). Lighter colors represent areas where children from low-income families are more likely to move up in the income distribution. To look up statistics for your own city, use the interactive version of this map created by the New York Times.

Mobility has been weak–since the Nixon years >by: Timothy Noah | 01/29/14 07:05 AM | MSNBC | “Inequality has deepened,” President Obama said in his State of the Union speech. “Upward mobility has stalled.” Is there a connection between these two dismal trends?That more income inequality translates into less upward mobility has been a frequent […]

Examine: Progressives fear Hillary-super PAC juggernaut

Frm Secretary Hillary Clinton Headshot

Progressives fear Hillary-super PAC juggernaut   >by: Zachary Roth |01/25/14 10:15 AM—Updated 01/25/14 05:07 PM| MSNBC| Key progressives aren’t thrilled that Priorities USA, a leading Democratic super PAC, is formally backing Hillary Clinton for 2016. They’re worried that a rush to anoint Clinton as the party’s nominee, should she run, could make it harder to […]

Spotlight: Democrats see benefits from Obama’s long-shot minimum wage push

U.S. President Barack Obama smiles as he plays golf at Mid Pacific Country Club in Kailua

Democrats see benefits from Obama’s long-shot minimum wage push   >by: Mark Felsenthal | Reuters |11:04 a.m. CST, December 24, 2013 | Re-Post | President Barack Obama’s push to raise the minimum wage will almost certainly fail due to stiff Republican opposition, but analysts and Democratic strategists say the issue could help Democratic Congressional candidates […]

Spotlight: Minimum wage takes center stage

Minimum Wage takes center stage

Minimum wage takes center stage   >by Steve Benen|12/31/13 08:00 AM | The Rachel Maddow Show | Re-post | The midterm elections are still roughly 10 months away, but the parties’ campaign strategies are clearly taking shape. Republicans don’t mind telegraphing their punches: they’re going to complain about the Affordable Care Act, which by Election […]

Re-Post Spotlight: Poor kids should sweep floors for school lunches, says GOP Rep.

Children eat breakfast at the federally-funded Head Start Program school on Sept. 20, 2012 in Woodbourne, N.Y.
John Moore/Getty

Poor kids should sweep floors for school lunches, says GOP Rep.   >By Clare Kim | 12/19/13 06:15 PM—Updated 12/20/13 06:51 PM | MSNBC | Georgia Congressman Jack Kingston wants children to learn that there is no such thing as a free lunch. In his remarks to the Jackson County Republican Party, the Republican congressman proposed […]

Highlight Paul Krugman: Finally, Obama’s talking like a progressive!

(Photo: AP Photo/Cliff Owen)

Paul Krugman: Finally, Obama’s talking like a progressive! Conventional wisdom is that the Obama presidency is all but over. The economist and liberal pundit disagrees   >by: Alex Halperin | Friday, Dec 6, 2013 08:52 AM EST | Nobel Prize-winning economist and New York Times columnist Paul Krugman is in full on cheerleader mode in […]

Spotlight: Barack Obama slams Republicans for threat to ‘blow up entire economy’

US President Barack Obama

Barack Obama slams Republicans for threat to ‘blow up entire economy’   >by: Dan Roberts in Washington and Dominic Rushe in New York | theguardian.com, Friday 27 September 2013 18.34 EDT | President stands firm in confrontation over Obamacare and debt ceiling as government prepares for looming shutdown President Barack Obama on Friday issued a […]

Highlight: President Obama Speaks on the Affordable Care Act: “Tell Your friends. Tell Your family. Get Covered.”

Audience members listen to President Barack Obama

President Obama Speaks on the Affordable Care Act: “Tell Your friends. Tell Your family. Get Covered.” >by Lindsay Holst | September 26, 2013 05:58 PM EDT | With just five days to go until millions of uninsured Americans will be able to purchase quality, affordable coverage at healthcare.gov, President Obama headed out to Prince George’s […]

Spotlight Media: NY Times, Wash. Post, WSJ Hide Compromise [...]

White House Proposal

[important]NY Times, Wash. Post, WSJ Hide Compromise In White House Deficit Proposal [/important] >by Remington Shepard |November 30, 2012 12:43 PM EST|[The DLU, you get the bitter and the sweet - Gbismarc!] Major papers, including The New York Times, The Washington Post, and The Wall Street Journal, are hiding compromises in a White House proposal […]

EXCLUSIVE:Romney Invested Millions in Firms That Pioneered High-Tech Outsourcing

Outsourcer-in-chief

[important]Romney Invested Millions in Firms That Pioneered High-Tech Outsourcing[/important] EXCLUSIVE: A government document shows that at Bain he held a $54 million stake in companies that manufactured electronics in China and Mexico for US firms. >By David Corn and Nick Baumann| Fri Jul. 20, 2012 3:00 AM PDT | In recent weeks, Barack Obama and […]

Two Important New Studies: Spending = Jobs

Michael Tomasky - Newsweek/Daily Beast special correspondent is also editor of Democracy: A Journal of Ideas.

[important]Two Important New Studies: Spending = Jobs[/important] >by Michael Tomasky Jul 6, 2012 12:25 PM EDT It’s going to be impossible for Obama and the Democrats to say what I’m about to write here and get any traction with it, so just to be clear, I know that going in. The political discourse is built […]

Expose – GOP Sabotage US Economy – Conspiracy Theory Continues

Paul Krugman

>by Robert L. Gallimore , |DLU| June 20, 2012 | [See the beginning of the Conspiracy Theory - the take-down of President Obama below and watch the video: Secret meeting to take down Obama exposed Let’s Be Liberals and Vote the Right-wing – Out! Democratic Liberal Umbrella will give you the bitter and the sweet! […]

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