Articles tagged with: jobs

The day after the MLK holiday, and Bob Herbert of the New York Times has an op-ed on King, concluding that King’s “long campaign for economic justice has been all but forgotten.”
The irony is that Herbert seems to have forgotten King’s emphasis on guaranteed income in addition to jobs. Here are the last few paragraphs.
Speaking [...]

Will 30 million Americans demand income security?
Official unemployment is now 9.5 percent, according to the U.S. Department of Labor. As reported in the New York Times:
The American economy lost 467,000 jobs in June and the unemployment rate edged up to 9.5 percent in a sobering indication that the most painful downturn since the Great Depression [...]

Ending welfare, providing income security for all.
Welfare rolls are increasing, according to the Wall Street Journal, and food stamp use is increasing even faster. The facts are only part of the story.
A few key sentences from the Journal article:
Twenty-three of the 30 largest states, which account for more than 88% of the nation’s total population, [...]

The economic crisis demands income security for all.
Sooner or later, our elected officials and other “leaders” will have to acknowledge that conventional political and economic approaches are not working. Conventional policies cannot work.
A panel of prominent economists and scholars recently discussed the economic crises and some of the problems with the policies our government is [...]

The logic of income security for all – and bailing out people, not banks – is illustrated, though only indirectly, by a front page story in today’s New York Times.
The story is about community banks, and merits front-page coverage because it’s an aspect of the situation that’s been generally ignored. Community banks are mostly fine. [...]

When you were a child, what did you want to be or do when you grew up?
Recall those dreams or goals, please, for a moment at least. What did you want to do or be?
Did you dream of getting a job and working eight or ten hours a day at, say, Wal-Mart or some other [...]

At GM and Chrysler, autoworkers and their union have agreed to concessions to “save” the companies, to save their jobs. Wages are falling. There have been many reports of falling wages, as well, in businesses and industries around the country.
That’s more evidence for why we need Citizen Dividends, a guaranteed basic income.
Economist Paul Krugman discusses [...]

The $3.4 trillion federal budget has passed both houses of Congress, nicely timed for President Obama’s 100th day in office. That’s total spending, the broad outlines, setting the scene for lots of fights over the details.
When people hear about Citizen Dividends, they often agree with the concept – stop the bailouts, give money directly [...]

Swine flu is big news today. So is GM and the jobs that will be shed as it restructures. I juxtapose these issues because both sets of news stories illustrate fundamental problems with our political and economic system – fundamental problems that will be mostly solved with a guaranteed basic income, Citizen Dividends.
Regarding swine flu: [...]

The shooter’s poverty is central to the story. He had been laid off, was unable to find a job, was living on $200 a week in unemployment insurance.
Could this tragedy have been prevented if we had a guaranteed income? Very possibly, especially if it was a true basic income, income security for all, with the [...]