The latest jobs report shows that, once again, over a quarter of a million people have dropped out of the labor force. So should we celebrate Labor Day for just being lucky enough to have a job — any job at all?
The prominent economist and Nobel Prize winner Joseph Stiglitz (and a Fellow of the progressive Roosevelt Institute) says: “An economy that doesn’t deliver for most of its citizens is a failed economy.”
The year 1979 may very well have been the year when the middle-class in America had first began it's long decent into oblivion. According to a U.S. Bureau of Labor Statistics report, manufacturing in the U.S. peaked in 1979 when we had over 19.6 million manufacturing jobs in a labor force of 104.6 million. In 1979 manufacturing was 21.6% of all jobs. Now manufacturing is only 9.9% of jobs in America.
Wisconsin Just Showed Us. You can call a do over on your reactionary votes from 2010. Hate your representative? Completely upset with the jobs crisis, now projected to continue ad infinitum?
Have a recall!
In the largest clustered recall ever, six Wisconsin State Senate Republicans faced a recall election and special interest money poured into the State:
Spending on the nine elections had reached $33 million, most of it from outside special interest groups. Interest group spending has far eclipsed the Wisconsin record of about $20 million set in 2008 elections that covered half the state Senate and all Assembly members.
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