Archive for category American People
WASHINGTON, D.C. — Americans have a new No. 1 problem. Nearly one in four Americans mention jobs and unemployment as the most important problem facing the country, up from 16% in January. The government and politicians had topped the list since the government shutdown in October.
For the moment at least, right-wing Republicans have stopped deliberately trying to plunge us into another Great Depression. Maybe we can do start doing something about the mess they created. Too bad Dems have given up trying to re-take the House of Representatives. Howard Dean wouldn’t have given up if he were still in charge.
According to new polling by the Center for American Progress:
Nearly two in three Americans (64 percent) agree that “Most people who live in poverty are poor because their jobs don’t pay enough, they lack good health care and education, and things cost too much for them to save and get ahead.” By contrast, only 25 percent of Americans agree with a competing idea that “Most people who live in poverty are poor because they make bad decisions or act irresponsibly in their own lives.” Even white conservatives and libertarians prefer the structural explanation for poverty over the personal by a significant margin, 63 to 29 percent.
These results are not a surprise if you belong to the reality-based community. Economic conditions in this country are the worst since the Great Depression. Six years after the start of Bush’s Great Recession, there has been hardly any recovery at all for most Americans. According to research by Emmanuel Saez, an economics professor at the University of California at Berkeley, between 2009 and 2011 the top 1 Percent became 11.2 percent richer while the bottom 99 Percent got 0.4 percent poorer.
Long-term unemployment benefits expired for 1.3 million Americans on December 28. They were just a fraction of the 4.1 million people whom the Labor Department counted as unemployed for more than 26 weeks. Beyond the official long-term unemployed, more than 760,000 others are counted by the Labor Department as “discouraged,” meaning they have stopped looking for work (some economists think that the number may be higher).
It remains to be seen whether our broken political system can do much to fix our broken economy. Congress hasn’t even been able to agree on an extension of Emergency Unemployment Compensation, something that used to be routine.
One reason for the big drop in unemployment in December was that many, many people dropped out of the labor force — 347,000, to be exact. They stopped looking for work, which made them no longer “unemployed” in the eyes of the Bureau of Labor Statistics.
Right-wing media have spent the last few years baselessly dismissing the decades-long push to alleviate poverty as not worth the fight, despite evidence showing that government efforts to reduce poverty have been successful.
UPDATE: Robert Reich: Today’s Jobs Report and the Scourge of Inequality
Not meaning to be heavy, but people are going to be in the streets without food, while the childrens, childrens, children of the wealthy won’t have any idea how to spend the money.
I love this song written by Leon Russell, which says:
Magic Mirror, if we only could, try to see ourselves as others would.
Forbes Magazine guy makes the case that charities can feed the poor without gov’t help.
This is just another Christian – Tea Party – Libertarian meme of course.
But I’ve never heard it expresses with such certainty and seriousness. Forbes has finally jumped the shark with this clown.
Via Think Progress:
A federal judge has ruled that the “wholesale collection of the phone record metadata” of all U.S. citizens — a program exposed by former NSA contractor Edward Snowden — likely violates the 4th Amendment and is unconstitutional.
In his opinion, Judge Richard Leon found that the 1979 U.S. Supreme Court decision in Smith v. Maryland no longer applies:
“[T]he almost-Orwellian technology that enables the Government to store and analyze the phone metadata of every telephone user in the United States is unlike anything that could have been conceived in 1979. In Smith, the Supreme Court was actually considering whether local police could collect one person’s phone records for calls made after the pen register was installed and for the limited purpose of a small-scale investigation of harassing phone calls. The notion that the Government could collect similar data on hundreds of millions of people and retain that data for a five-year period, updating it with new data in perpetuity, was at best, in 1979, the stuff of science fiction.”
The decision was stayed by Judge Leon pending appeal and, therefore, has no immediate effect.
Edward Snowden released the following statement via Glenn Greenwald: “I acted on my belief that the N.S.A.’s mass surveillance programs would not withstand a constitutional challenge, and that the American public deserved a chance to see these issues determined by open courts. Today, a secret program authorized by a secret court was, when exposed to the light of day, found to violate Americans’ rights. It is the first of many.”
Federal Court Rules Bulk Collection Of Phone Records By NSA Likely Violates Constitution: Founding Fathers ‘Would Be Aghast’
This Is The Most Important Paragraph In The Court Decision Against The NSA
’60 Minutes’ Trashed For NSA Piece (Did anybody else see that? It was a new low for CBS).
David J. Lynch on Bloomberg:
The widening gap between rich and poor is eroding faith in the American dream.
By almost two to one — 64 percent to 33 percent — Americans say the U.S. no longer offers everyone an equal chance to get ahead, according to a Bloomberg National Poll.
…The lack of faith is especially pronounced among those making less than $50,000 a year: By a 73 percent to 24 percent margin, they say the economy is unfair. Even 60 percent of those whose annual income is $100,000 or more bemoan the absence of a fair deal…
In the Bloomberg poll, 68 percent of Americans say the income gap is growing, while 18 percent say it is unchanged and 10 percent say it’s shrinking.
After 30 years of trickle-down economics, very few Americans can be fooled anymore. Democrats like President Obama have been forced to acknowledge the problem of extreme inequality, but what are they prepared to do about it?
The budget deal announced yesterday is the opposite of what we need. The Democratic Party sold out its own base to help Republicans maintain power.
UPDATE: Robert Reich: Raw Deal
Hopefully making “The Church of Jesus Christ of Later Day Saints” leaders sit up in their chair a little.
But let’s not kid ourselves, The Vatican has a lot more assets to sell in helping the poor.
Writing Friday in the New York Times, columnist Paul Krugman asks all of us to give President Obama’s big inequality speech a serious hearing. Speaking at the Center for American Progress Wednesday, our President pointed to a combination of growing income inequality and a lack of upward mobility as “the defining challenge of our time.”
Our political class has spent years obsessed with a fake problem — worrying about debt and deficits that never posed any threat to the nation’s future — while showing no interest in unemployment and stagnating wages. Mr. Obama, I’m sorry to say, bought into that diversion. Now, however, he’s moving on.
…The wrong turn we’ve taken in economic policy — our obsession with debt and “entitlements,” when we should have been focused on jobs and opportunity — was, of course, driven in part by the power of wealthy vested interests. But it wasn’t just raw power. The fiscal scolds also benefited from a sort of ideological monopoly: for several years you just weren’t considered serious in Washington unless you worshipped at the altar of Simpson and Bowles.
Now, however, we have the president of the United States breaking ranks, finally sounding like the progressive many of his supporters thought they were backing in 2008. This is going to change the discourse — and, eventually, I believe, actual policy.
So don’t believe the cynics. This was an important speech by a president who can still make a very big difference.
Many of us, including myself, tend to discount our President’s remarks about inequality because his administration has consistently favored Wall Street over Main Street. His support for raising the minimum wage comes too late– unless the Democrats re-take the House next year, he will likely be the first President since Franklin D. Roosevelt in 1938 not to sign a minimum wage law.
Economist Arindrajit Dube:
[T]he evidence suggests that around half of the increase in inequality in the bottom half of the wage distribution since 1979 was a result of falling real minimum wages. And unlike inequality that stems from factors like technological change, this growth in inequality was clearly avoidable. All we had to do to prevent it was index the minimum wage to the cost of living.
The question is, should we take President Obama’s inequality rhetoric seriously, as Krugman suggests?
Maxwell Strachan, HuffPo:
Congress effectively pulled money out of the hands of 47 million struggling Americans last month when it allowed massive cuts to the country’s food stamp program to go through without a hitch.
This was a callous decision. If you’re struggling to remember why, look no further than this chart from a new report by the Brookings Institution-affiliated Hamilton Project:
William Galston, Wall Street Journal:
The food-stamp program’s costs have soared since 2000, and especially since 2007. Here’s why.
First, there are many more poor people than there were at the end of the Clinton administration. Since 2000, the number of individuals in poverty has risen to 46.5 million from 31.6 million—to 15% of the total population from 11.3%. During the same period, the number of households with annual incomes under $25,000 rose to 30.2 million (24.7% of total households) from 21.9 million (21.2%).
Critics complain that beneficiaries and costs have continued to rise, even though the Great Recession officially ended in 2009. They’re right, but the number of poor people and low-income households has continued to rise as well.
According to the Census Bureau, there are 2.9 million more poor individuals today than in 2009, and three million more households with incomes under $25,000. The economic recovery, such as it is, has not yet reached low-income Americans.
A couple key passages:
The US elites, similarly, took the smooth functioning of the political-economic system for granted. The only problem, as they saw it, was that they weren’t being adequately compensated for their efforts. Feelings of dissatisfaction ran high during the Bear Market of 1973—82, when capital returns took a particular beating. The high inflation of that decade ate into inherited wealth. A fortune of $2 billion in 1982 was a third smaller, when expressed in inflation-adjusted dollars, than $1 billion in 1962, and only a sixth of $1 billion in 1912. All these factors contributed to the reversal of the late 1970s.
Three years ago I published a short article in the science journal Nature. I pointed out that several leading indicators of political instability look set to peak around 2020. In other words, we are rapidly approaching a historical cusp, at which the US will be particularly vulnerable to violent upheaval. This prediction is not a ‘prophecy’. I don’t believe that disaster is pre-ordained, no matter what we do. On the contrary, if we understand the causes, we have a chance to prevent it from happening. But the first thing we will have to do is reverse the trend of ever-growing inequality.
And finally this one:
How does growing economic inequality lead to political instability? Partly this correlation reflects a direct, causal connection. High inequality is corrosive of social cooperation and willingness to compromise, and waning cooperation means more discord and political infighting. Perhaps more important, economic inequality is also a symptom of deeper social changes, which have gone largely unnoticed.