Postal Service Pushing Massive Wage and Benefit Cuts
Under pressure to cut costs and unable to cut services, the workers are the likely victims.
Under pressure to cut costs and unable to cut services, the workers are the likely victims.
Not surprisingly, the President’s opening speech of the 2020 campaign was filed with lies.
Four years ago, Donald Trump began his campaign for President. What has followed has been as bad as could have been predicted that day.
The current economic recovery turns ten years old this month, but it can’t last forever.
May’s Jobs Report came back with disappointing jobs growth, suggesting that the economy may be slowing down.
Jobs Growth in April was much higher than expected, seemingly putting to rest for now fears that the economy might be slowing.
President Trump is trying to politicize monetary policy. He should be resisted on this front.
Per-student investment in public colleges has not recovered from the Great Recession.
Notwithstanding President Trump’s tariffs, America’s trade deficit hit a record level last year.
Job growth in February was far below estimates, but we did see some solid wage growth and other signs that we’re approaching what economists refer to as “full employment.”
Economic growth slowed significantly in the fourth quarter of 2018 from where it had been earlier in the year. And it’s likely to slow down even more.
Kevin Drum uses some clever sleight-of-hand to demonstrate a hard truth about the human condition.
The National Debt officially topped $22 trillion, marking a $2 trillion increase since President Trump took office.
Despite the government shutdown, employment growth in January was far above expectations.
A new study reveals that the Republican tax cut package passed at the end of 2017 has not had the economic impact the GOP claimed it would.
Two years of Republican control of the Legislative and Executive Branches has put us back on a path toward $1 trillion budget deficits.
December’s Jobs Report blew past expectations to show more than 300,000 jobs created.
The Trump Administration appears to think that the Budget Deficit and National Debt aren’t a big deal because we can just grow our way out of the problem. This is highly unlikely to happen.
Jobs Growth in November was healthy but fell short of expectations.
The economy is in good shape for the moment but there are storm clouds on the horizon.
Trump has reportedly told aides that he doesn’t really care about reports of an approaching crisis of the budget deficit and national debt because he’ll be out of office before it becomes a problem.
Even as its leader continues to deny the reality of Global Climate Change, the Trump Administration has released an utterly devastating report on the impact of such change over the course of the coming decades.
The current economic recovery is nearly ten years old. It isn’t going to last forever, though, and that could pose a problem for the GOP in 2020.
Jobs Growth in October exceeded expectations, as did wage growth. It’s unclear, though, how long these numbers can be sustained.
Nearly two years into Republican control of Washington, the budget deficit is headed back up.
A once iconic American retailer appears to be on its last legs.
A decade after the Great Recession, we now have data to answer the question.
September jobs growth fell short of expectations even as the top-line unemployment rate reached a point unseen since 1969.
The Federal Budget Deficit is set to end the Fiscal Year close to $1 trillion, and to continue growing after that.
Jobs growth in August was slightly better than expected, but still nothing overly impressive.
Donald Trump is now attacking his own appointee to head the Federal Reserve Board.
Jobs growth fell short of expectations in July but was still relatively decent. Wage growth, however, remains stubbornly stagnant.
The recent report of 4.1% GDP growth over the previous quarter is indeed welcome news. However, taking a look at the data both recent and in the past and there are some reasons to be concerned about GDP growth in general.
If President Trump’s trade war continues, it could have a serious impact on the political fortunes of President Trump and his party.
Total nonfarm payroll employment increased by 213,000 in June and the unemployment rate rose to 4.0 percent.
The Federal Government will borrow more than $1 trillion this year for the first time in more than a half-decade.
Barbara Bush, only the second woman in history to be the wife and mother of a U.S. President, has died at the age of 92.
We’re set to return to the era of trillion dollar budget deficits, and Republicans won’t do a thing about it.
The answer is, of course, no. Really, this is a post about the wall as policy.
The DJIA (and other markets) are not too happy about all of this trade war talk.
A better than expected jobs report for February, but wage growth slowed for the month.
Congress seems likely to pass a budget deal today that will massively increase spending, putting to rest once and for all the rank hypocrisy of Republicans when it comes to claims that they are “fiscally conservative.”
Donald Trump spent much of the past year touting the rising stock market, now he’s getting a lesson in reality.
With Republicans fully in control in Washington, their concerns about the budget deficit seem to have disappeared.
The first jobs report for 2018 beat expectation slightly, but the most positive signs came in the underlying data on wages.
The economy grew in the final quarter of 2017, but at a slower pace than earlier in the year and far slower than what the President has promised.
Contrary to expectations, jobs growth in December was relatively modest.
November’s Jobs Report was stronger than expected, but there are several caveats to keep in mind.