NewsTrust - Jobs - Most Recent Stories: Opinion (Mainstream)

Money and Morals

Fri, 10 Feb 2012 00:00:00 -0800

New York Times - By Paul Krugman - Feb. 10 (Opinion) - Conservatives have started telling us that the growing inequality is about a decline in morals. But it’s mainly about money.

NewsTrust Rating: 4.0 average (not enough reviews) - See Review » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

Op-Ed Columnist: Things Are Not O.K.

Sun, 05 Feb 2012 00:00:00 -0800

New York Times - By Paul Krugman - Feb. 05 (Opinion) - The unemployment report was genuinely good, but there’s a downside: the calls to stop focusing on job creation.

NewsTrust Rating: 4.1 average (not enough reviews) - See Review » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

The Big Lie: “Rich People Create Jobs”

Fri, 03 Feb 2012 00:00:00 -0800

Yahoo! News - By Nick Hanauer - Feb. 03 (Opinion) - One of the most commonly repeated theories about job-creation is that "rich people create jobs"--specifically, rich investors and entrepreneurs who build companies that eventually employ hundreds or thousands of Americans. This theory is often used to justify very low taxes on investors and high-income earners, under the theory that such folks have to be given an incentive to "create jobs." But the trouble with the theory, says Nick Hanauer, is that it's just wrong.

NewsTrust Rating: 3.9 average (not enough reviews) - See Review » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

The Austerity Debacle

Mon, 30 Jan 2012 00:00:00 -0800

New York Times - By Paul Krugman - Jan. 30 (Opinion) - Britain is doing worse this time than it did during the Great Depression. Four years into the Depression, British G.D.P. had regained its previous peak; four years after the Great Recession began, Britain is nowhere close to regaining its lost ground.

NewsTrust Rating: 4.2 average - 4 Reviews » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

Op-Ed Columnist: Jobs, Jobs and Cars

Thu, 26 Jan 2012 00:00:00 -0800

New York Times - By Paul Krugman - Jan. 26 (Opinion) - Gov. Mitch Daniels got so much wrong in his reply to the president State of the Union address. To really create jobs, it takes a cluster, not just heroes.

NewsTrust Rating: 4.0 average - 5 Reviews » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

Daily Show: Fear Factory

Mon, 23 Jan 2012 00:00:00 -0800

Daily Show - By Jon Stewart - Jan. 23 (Comedy News) - If America wants to compete with China, then it will have to make its factories more like Foxconn's.

NewsTrust Rating: 4.4 average (not enough reviews) - See Reviews » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

The Rise of the New Groupthink

Sun, 15 Jan 2012 00:00:00 -0800

New York Times - By Susan Cain - Jan. 15 (Opinion) - Solitude is out of fashion. Our companies, our schools and our culture are in thrall to an idea I call the New Groupthink, which holds that creativity and achievement come from an oddly gregarious place. Most of us now work in teams, in offices without walls, for managers who prize people skills above all. Lone geniuses are out. Collaboration is in.

NewsTrust Rating: 4.0 average - 3 Reviews » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

The economic illiteracy of economists | Mark Weisbrot

Tue, 10 Jan 2012 00:00:00 -0800

The Guardian - By Mark Weisbrot - Jan. 10 - The American Economic Association's annual meeting is red-letter day for 'the dismal science'. And dismal it proved The American Economic Association's annual meetings are a scary sight, with thousands of economists all gathered in the same place – a veritable weapon of mass destruction. Chicago was the lucky city for 2012 this past weekend, and I had just finished participating in an interesting panel on "the economics of regime change" , when I stumbled over to see what the big budget experts had to say about "the political economy of the US debt and deficits". The session was introduced by UC Berkeley economist Alan Auerbach, who put up a graph of the United States' rising debt-to-GDP ratio, and warned of dire consequences if Congress didn't do something about it. Yawn. But the panelists got off to a good start, with Alan Blinder of Princeton, former vice-chairman of the US Federal Reserve, describing the public discussion of the US national debt as generally ranging from "ludicrous to ...

NewsTrust Rating: 5.0 average (not enough reviews) - See Review » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

Op-Ed Columnist: Bain, Barack and Jobs

Thu, 05 Jan 2012 00:00:00 -0800

New York Times - By Paul Krugman - Jan. 05 (Opinion) - Mitt Romney says that President Obama has been a job destroyer, while he was a job-creating businessman. But those claims border on dishonesty.

NewsTrust Rating: 4.1 average - 3 Reviews » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

Keynes Was Right

Fri, 30 Dec 2011 00:00:00 -0800

New York Times - By Paul Krugman - Dec. 30 (Opinion) - Once again, when politicians and policy makers decided to focus on deficits, not jobs, they proved Keynes right about a slump being the wrong time for austerity.

NewsTrust Rating: 4.0 average - 3 Reviews » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

Our leadership is dire, but we mustn't despise government | Jeffrey Sachs

Sat, 17 Dec 2011 00:00:00 -0800

The Guardian - By Jeffrey Sachs, The Guardian - Dec. 17 - Our leaderships, in thrall to big business, are failing in so many places all at the same time. But we can't give up on them The year 2011 will be remembered as the year of failed summits. Governments proved themselves time and again to be failures at addressing the growing crises engulfing the world, whether the eurozone debacle, climate change, or budget politics in the US and Europe. Next year is likely to be worse, as electoral politics will further impede decision-making in the US, France and several other countries. Why should governance be so poor in so many places at the same time? There are several factors at play. Globalisation has undermined the manufacturing base of most of the high-income economies, costing millions of jobs and leading to stagnant or falling living standards for a large part of the workforce, especially those with basic skills and modest education attainment. The US has lost around 8-9 million manufacturing jobs since the peak in that sector in 1979, just as ...

NewsTrust Rating: 3.6 average - 4 Reviews » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

Op-Ed Columnist: The Good Newt

Sun, 11 Dec 2011 00:00:00 -0800

New York Times - By Bill Keller - Dec. 11 (Opinion) - At least on one issue — immigration — Newt Gingrich gets it.

NewsTrust Rating: 4.1 average (not enough reviews) - See Review » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

Op-Ed Columnist: All the G.O.P.’s Gekkos

Thu, 08 Dec 2011 00:00:00 -0800

New York Times - By Paul Krugman - Dec. 08 (Opinion) - In getting to the truth about those wealthy “job creators” the Republicans aim to protect, the ’80s film “Wall Street” seems more relevant than ever.

NewsTrust Rating: 4.1 average (not enough reviews) - See Reviews » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

Fixing America's jobless problem

Wed, 07 Dec 2011 00:00:00 -0800

Los Angeles Times - By Peter Dreier - Dec. 07 (Opinion) - Thousands of long-term unemployed Americans from across the country have converged on Washington this week to dramatize their plight and to urge Congress to extend federal unemployment insurance benefits and the payroll tax cut, and to pass President Obama's jobs bill.

NewsTrust Rating: 4.0 average (not enough reviews) - See Reviews » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

Op-Ed Columnist: Newt’s War on Poor Children

Fri, 02 Dec 2011 00:00:00 -0800

New York Times - By Charles M. Blow - Dec. 02 (Opinion) - Gingrich says poor children do not have working parents as role models. He couldn’t be more wrong.

NewsTrust Rating: 4.1 average (not enough reviews) - See Review » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

Central bank action: stunning move highlights sense of desperation

Thu, 01 Dec 2011 00:00:00 -0800

The Guardian - By Jill Treanor - Dec. 01 (Opinion) - European governments are desperately seeking a lender of last resort as sovereign debt exposure fears grow The stunning move by six central banks to announce emergency measures to push more dollars into the financial system shows just how desperate the authorities are to "ease strains in financial markets" that are making it difficult for some banks to operate as easily as normal. Jon Peace, head of European bank research at Nomura, said: "It is an evolution of the crisis from three years ago, when countries took on the risks of the banks. Back in 2008, there was a lender of last resort – countries bailed out banks. This time it is governments that need a lender of last resort – but there is no obvious lender of last resort." While the massive bank bailouts of October 2008 – in the month after Lehman collapsed – worked for a while in shoring up banks, confidence is again ebbing , even though the banks are much stronger then they were three years ago. This time the problems for banks is ...

NewsTrust Rating: 3.8 average (not enough reviews) - See Review » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

Boring, Cruel Euro Romantics

Mon, 21 Nov 2011 00:00:00 -0800

New York Times - By Paul Krugman - Nov. 21 (Opinion) - There’s a word I keep hearing lately: “technocrat.” Sometimes it’s used as a term of scorn — the creators of the euro, we’re told, were technocrats who failed to take human and cultural factors into account. Sometimes it’s a term of praise: the newly installed prime ministers of Greece and Italy are described as technocrats who will rise above politics and do what needs to be done.

NewsTrust Rating: 4.0 average - 5 Reviews » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

Failure Is Good

Fri, 18 Nov 2011 00:00:00 -0800

New York Times - By Paul Krugman, New York Times - Nov. 18 (Opinion) - The supercommittee is supposed to reach an agreement on budget cuts by Wednesday. Barring a miracle, it will fail to do so. But, in this case, that is good news!

NewsTrust Rating: 4.2 average - 4 Reviews » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

Veterans face tough job market

Fri, 11 Nov 2011 00:00:00 -0800

USA Today - Nov. 11 (Opinion) - In a tight labor market, veterans who served since 9/11 have been hit particularly hard.

NewsTrust Rating: Not rated yet - See Info » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

Bill Clinton Extended Interview on The Daily Show

Wed, 09 Nov 2011 00:00:00 -0800

Daily Show - By Jon Stewart, Bill Clinton - Nov. 09 (Interview) - In this unedited, extended interview, Bill Clinton discusses his book, which provides an overview of America's economic problems and a plan for reviving the economy.

NewsTrust Rating: 3.8 average - 3 Reviews » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

The 1% are the very best destroyers of wealth the world has ever seen

Tue, 08 Nov 2011 00:00:00 -0800

The Guardian - By George Monbiot - Nov. 08 (Opinion) - Our common treasury in the last 30 years has been captured by industrial psychopaths. That's why we're nearly bankrupt If wealth was the inevitable result of hard work and enterprise, every woman in Africa would be a millionaire. The claims that the ultra-rich 1% make for themselves – that they are possessed of unique intelligence or creativity or drive – are examples of the self-attribution fallacy. This means crediting yourself with outcomes for which you weren't responsible. Many of those who are rich today got there because they were able to capture certain jobs. This capture owes less to talent and intelligence than to a combination of the ruthless exploitation of others and accidents of birth, as such jobs are taken disproportionately by people born in certain places and into certain classes. The findings of the psychologist Daniel Kahneman, winner of a Nobel economics prize , are devastating to the beliefs that financial high-fliers entertain about themselves. He discovered that their ...

NewsTrust Rating: 3.9 average - 5 Reviews » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

The Senate Puts Millionaires Before Jobs

Sun, 06 Nov 2011 00:00:00 -0700

New York Times - Nov. 06 (Opinion) - Republicans in the Senate have chosen to reject a vital infrastructure and jobs bill rather than raise taxes on a small elite.

NewsTrust Rating: 3.7 average (not enough reviews) - See Review » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

Is capitalism broken... and what is the world going to do to fix it?

Sun, 06 Nov 2011 00:00:00 -0700

The Guardian - By Yvonne Roberts - Nov. 06 (Opinion) - Louise Cooper, Will Hutton, Mark Littlewood, Tanya Paton and William Taylor join a round table discussion on the issues raised by the global Occupy movement T here is no doubt that it has been an extraordinary three weeks. It began with Occupy LSX taking up residence around St Paul's, a protest that exposed the dithering of the Church of England. Occupy LSX has since sparked a remarkable national debate about the kind of society in which we want to live, its priorities and values. In that spirit, the Observer brought together several opposing voices to continue the great debate. Yvonne Roberts So, can capitalism be fixed, Louise? Louise Cooper It's all a question of balance and I think it's moving the pivotal point back a little. Capitalism is clearly the only way that economies work. Capitalism works in the biggest communist state, China. So, as with everything, there needs to be a balance between the returns to those that supply capital and those that supply human capital. Maybe ...

NewsTrust Rating: Not rated yet - See Info » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

The elite still can't face up to it: Europe's model has failed | Seumas Milne

Thu, 03 Nov 2011 00:00:00 -0700

The Guardian - By Seumas Milne - Nov. 03 (Opinion) - These bailouts are for the banks, not Greece – and they're deepening the crisis of democracy at the heart of the EU You might think that giving people a say in the most crucial decisions affecting their country would be second nature for a union of states that claims democracy as its most sacred founding principle. But George Papandreou's announcement that Greece would hold a referendum on the EU's latest shock therapy "rescue" plan was greeted with outrage across the chancelleries of Europe . The Greek prime minister has now been summoned to the G20 summit in Cannes by Angela Merkel to be "read the riot act" over such reckless ingratitude. Last week's dose of new loans, 50% voluntary bank debt write-offs and yet more savage cuts and privatisations was supposed to have settled the matter and halted the threat of eurozone contagion – even if the deal's flakiness had already become painfully clear. Papandreou's manoeuvre is, of course, a last-ditch attempt to save his political skin after ...

NewsTrust Rating: 3.7 average (not enough reviews) - See Review » - Review It Visit NewsTrust | About | Sign Up | Disclaimer

France, Islam and the banlieues: a debate on the place of Islam and class in the suburbs

Tue, 01 Nov 2011 00:00:00 -0700

The Guardian - By Michèle Tribalat, Gérard Mauger - Nov. 01 (Opinion) - In an effort to allay concerns about Islam in France, policymakers and analysts have either tried to play down its importance or sought to blend it into the landscape. Islam is often portrayed as an integral part of French history: its presence simply follows on from ancient history. The basis for this argument is shaky, for it refers to an era when Christendom – not yet referred to as the west – was in retreat, driven back by the force of Islamic arms.

NewsTrust Rating: 4.0 average (not enough reviews) - See Review » - Review It Visit NewsTrust | About | Sign Up | Disclaimer