For the last year there has been a widening split within the ranks of American organized labor, and this split risks hardening as the new Change to Win (CTW) coalition increasingly takes on the complexion of a rival labor federation. (more…)
Archive for March, 2006
The Split Within Organized Labor
Saturday, March 25th, 2006The Weak Recovery and the Coming Deep Recession
Wednesday, March 15th, 2006To quote Yogi Berra, “It’s tough to make predictions, especially about the future.†Many (including myself) expected that the bursting of the stock market and Internet bubbles in 2001 would cause a deep recession owing to large excesses of borrowing and spending by both the household and corporate sectors. Now we know that the recession of 2001 was fairly mild and of short duration, though the economic recovery has also been the weakest since World War II. (more…)
Old Democrats vs. New Democrats: Faux vs. Sperling
Thursday, March 2nd, 2006Jeff Faux and Gene Sperling are two titans of democratic economic policy. Last week (February 23, 2006) they debated the core economic policy differences that define and divide old Democrats from new Democrats. (more…)