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You are here: Home / Archives for unemployment

Endless war, meet endless recession

By Erik Curren | September 9, 2011

9-11 changed the world sign

September 11 anniversary, meet Obama's jobs speech. First attack on American soil since Pearl Harbor, meet worst economy since the Great Depression. Day of rememberance, meet forgettable presidential address. A few bold gestures, but no FDR or JFK moment. And nothing on the energy crisis that caused the recession in the first place. Occasion for mourning and humility … [Read more...]

Filed Under: Politics Tagged With: Barack Obama, Dick Cheney, Goldman Sachs, unemployment

Who’s building the do-it-ourselves economy?

By Staff Reports | September 9, 2011

Corbyn and Babies

Corbyn Hightower was doing everything right. She worked long hours selling natural skin care products, flying between cities to meet customers, staying in posh hotels. She pulled down a salary that provided her family of five with a comfortable home in a planned community, a Honda SUV, health insurance, and regular shopping trips for the best natural foods, clothes, shoes, and … [Read more...]

Filed Under: Transition Tagged With: recession, relocalization, unemployment

An economy beyond jobs: the new normal

By Erik Curren | September 7, 2011

businessman in suit with laptop on beach

In his speech on jobs this Thursday night, President Obama will surely try to win back the six out of ten Americans who think he's handled the economy badly. And he'll probably offer some ideas to pump capital into the economy and create jobs, naturally watered down to offer as little offense as possible to the Tea Party and the US Chamber of Commerce. But given that the US … [Read more...]

Filed Under: Economy Tagged With: Barack Obama, economic growth, freelancing, Richard Heinberg, steady-state economics, unemployment

The shock doctrine hits climate change

By Erik Curren | April 4, 2011

threat level poster

"Only a crisis produces real change. When that crisis occurs, the actions that are taken depend on the ideas that are lying around," said free-market saint Milton Friedman. Today, as the world reels from recession, unemployment and civil unrest all while facing an oil shock and worsening symptoms of climate change, Friedman's disciples hope to capitalize on today's … [Read more...]

Filed Under: Climate Tagged With: climate skeptics, Great Recession, Naomi Klein, plutocracy, Totnes, unemployment

Record profits as corporations chuck US workers

By Erik Curren | February 9, 2011

made in china label

The latest job numbers were dismal, as US real unemployment remains near 20%. America now has about 25 million people either out of work or underemployed. At the same time, corporate profits in the third quarter of 2010 enjoyed the highest annual increase ever recorded. And even as they shed more and more American workers, taking in $1.7 trillion, American corporations were … [Read more...]

Filed Under: Economy Tagged With: China, globalization, Great Recession, plutocracy, unemployment

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