It’s August, and Americans by the millions are cramming themselves into coach-class seats as they embark on their summer vacations. Those able to learn from adversity might ponder this: Airline seating may be the best concrete expression of what’s happened to the economy in recent decades.
Airlines are sparing no expense these days to enlarge, upgrade and increase the price of their first-class and business-class seating. As the space and dollars devoted to the front of the planes increase, something else has to be diminished, and, as multitudes of travelers can attest, it’s the experience of flying coach. The joys of air travel — once common to all who flew — have been redistributed upward and are now reserved for the well-heeled few.
The new business-class seats that Lufthansa is installing convert to quasi-beds that are six-feet six-inches long and two feet wide, the New York Times’ Jad Mouawad reports.
» Read more about: Economic Inequality: The Sky’s Not the Limit »
Over 200 Oakland recycling workers staged a powerful show of unity and action by striking on Tuesday, July 30. Employees from the city’s two recycling contractors – Waste Management and California Waste Solutions (CWS) – walked off their jobs midway through the morning shift.
Then, instead of picketing in remote industrial areas where the recycling plants are located, workers formed caravans that converged downtown at Oakland’s City Hall. The result was a full day of political action and solidarity that included marches, “human billboards” along Broadway and 14th Street, visits with local and state elected officials, and a spirited rally. The day ended where rally participants – including many community allies – filled the upper seats of the City Council chambers and addressed the City Council that evening.
Recycling worker Emanuel San Gabriel is one of CWS workers who left his dusty and noisy workplace behind to join the protest.
» Read more about: Waste Happens — So Do Accidents and Death »
One of the most famous lines not spoken by the man it’s been attributed to is “Have You No Shame?” During the infamous Communist-witch-hunt Hearings of Wisconsin Republican Senator Joseph McCarthy in 1954, attorney Joseph Welch supposedly fired these words at McCarthy. What he actually said, however, is “Have You No Sense of Decency?”
Nevertheless, the first wording, mythical as it is, seems the more appropriate one to ask present-day Republicans, especially in the House of Representatives.
The majority of Americans are not always correct. But their consistently low regard for the present Congress, especially the Republican behavior within it, is dead-on. In a late July 2013 NBC/WSJ poll, only 12 percent approved of the job Congress was doing, while 83 percent disapproved. Another question (and the percentage response indicated afterward) was “Do you think Republicans in Congress are too inflexible in dealing with President Obama (56 percent),
An interview with John Densmore is less a linear dialogue and more a jazz improvisation, with unexpected twists and turns and no clear beginning or end. Which is not to say that the Doors’ drummer is without a steady beat — this is a man determined to drive home his message about the corrosive effects of greed. Densmore’s convictions led him to sue his former bandmates, Ray Manzarek and Robby Krieger, for trying to tour under the name “The Doors of the 21st Century” and using the band’s logo.
Densmore prevailed, but not without a bruising battle that created a bitter divide between the artists who once teamed with Jim Morrison on one of the greatest rock and roll bands in history. The story of that clash is the subject of Densmore’s latest book, The Doors Unhinged: Jim Morrison’s Legacy Goes to Trial.
Frying Pan News caught up with Densmore recently and riffed with him about what he calls “The Greed Gene,” Morrison’s views on money and his reconciliation with Manzarek before the keyboardist’s death earlier this year.
» Read more about: The Doors’ John Densmore Beats the Drum Against Greed »
The Affordable Care Act, or Obamacare as it’s referred to, is going to dramatically change the way we live our lives and balance our budgets. The largest group of beneficiaries is working people who are currently not covered by their employer yet don’t earn enough to buy health insurance on their own, including a large number of food service and retail workers. These workers currently are forced to pay out of pocket, forgo medical treatment or rely on public health clinics.
You’d imagine these workers would be jumping for joy at the thought of a new federal law requiring their employers to help them meet a critical human need. Unfortunately, there is little recourse for these workers for the next two years. While most of the healthcare dialogue has revolved around the individual requirement, the recent announcement that the employer mandate will be pushed back until 2015 has quietly fallen off the radar.
A specter is haunting Detroit — the specter of the Koch Brothers’ toxic brand of unregulated corporatism, as embodied in a cloud bank of pollution that recently blackened the Motor City’s horizon. Abby Zimet, writing in Common Dreams, describes the event as captured by a
[m]ind-boggling video of a billowing, high-carbon, high-sulfur cloud from the mountain of petroleum coke – waste from Canadian tar sands shipped from Alberta to Detroit, and the dirtiest potential energy source ever – illegally stored by the Koch Brothers along the Detroit River. Produced by Marathon Refinery but owned by Koch Carbon, the pet-coke piles have for months been producing “fugitive dust” – i.e.: thick black crud – that blankets the homes of outraged residents and lawmakers; analysis shows the dust contains elevated levels of lead, sulfur, zinc and the likely carcinogenic vanadium.
As we noted here last year,
» Read more about: Koch Brothers’ Huge Coke Cloud Darkens Detroit »
Instead of spending August on the beach, corporate lobbyists are readying arguments for when Congress returns in September about why corporate taxes should be lowered.
But they’re lies. You need to know why so you can spread the truth.
Lie #1: U.S. corporate tax rates are higher than the tax rates of other big economies. Wrong. After deductions and tax credits, the average corporate tax rate in the U.S. is lower. According to the Congressional Research Service, the United States has an effective corporate tax rate of 27.1 percent, compared to an average of 27.7 percent in the other large economies of the world.
Lie #2: U.S. corporations need lower taxes in order to make investments in new jobs. Wrong again. Corporations are sitting on almost $2 trillion of cash they don’t know what to do with. The 1,000 largest U.S. corporations alone are hoarding almost $1 trillion.
» Read more about: Corporations to Congress: Cut Our Taxes Now! »
For several weeks, BART management has run a sophisticated media campaign telling the public that the lack of real progress in negotiations is solely the fault of the unions’ unreasonable and uncompromising economic demands.
When it comes to wages and benefits, however, management has presented a highly misleading picture: it has failed to mention the enormous concessions that BART workers accepted in 2009 at the depth of the economic recession. BART President Thomas Blalock stated that he was “extremely pleased” with that cost-cutting agreement. BART employees were much less pleased, of course, but they recognized the need for significant sacrifice in the dismal economy.
Under the guidance of their highly paid, out-of-state chief negotiator, Thomas Hock, BART management is misrepresenting key economic and safety issues. Hock has an outstanding reputation for driving down employees’ wages and benefits, but a dismal one for resolving disputes without disruptive strikes.
» Read more about: Why Is It Always ‘Safety Last’ at BART? »
Today’s employment figures show that 162,000 jobs were added to U.S. payrolls last month – enough, when combined with the number of people simply dropping out of the work force altogether, to tick down the national unemployment rate to 7.4 percent. But these gains hardly met analysts’ expectations of 185,000 employees being added to American payrolls in July. Most of the new jobs were in the low-wage-paying restaurant and retail sectors.
This last detail comes just as fast-food workers have been staging one-day strikes to protest their miserable existences as low-wage earners and to demand the minimum-wage be doubled to $15 per hour. The strikers’ actions met with condescending sneers from the usual quarters of conservative punditry. Wall Street speakerphone and Fox News business seer Neil Cavuto laid on an especially thick heaping of scorn.
“It’s like jobs aren’t enough these days,” harrumphed Cavuto.
» Read more about: Neil Cavuto Remembers When He Held a Job Once »
President Obama took yet another stab Tuesday at boosting the economy, offering congressional Republicans a cut in the corporate tax rate in return for a $50 billion investment in sagging U.S. infrastructure. That the GOP immediately rejected the deal should come as no surprise. But Republicans should at least be made to stipulate where they think investment in the United States is going to come from.
Conservatives’ stock answer is that if we just lift regulations and cut taxes on business, if we only get rid of unions and the minimum wage, then corporate investment will flow like a mighty stream. There are all kinds of good reasons to dispute this, but a study by three economists provides proof positive that it is sheer hooey.
In late April, John Asker and Alexander Ljungqvist of NYU’s Stern School of Business and the National Bureau of Economic Research and Joan Farre-Mensa of Harvard Business School published a study looking at one of the U.S.
» Read more about: America’s Investment Gap is Strangling Its Economy »