Word: jobses
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The workers say they have given up cost-of-living allowances, overtime after eight hours in place of wage increases, a holiday, some break time, the jobs bank and education benefits. Entry-level wages have been cut in half, which has translated to even lower production-labor costs. "We will...
Furthermore, the spending must be high enough to return the economy to normal employment in the foreseeable future, because this is the only solution to avert the generational and psychological catastrophe that will come with high unemployment. However, the necessity of such spending proposals does not allow us to ignore...
In such times, the major solution is government spending. This is not a solution borne of socialist tendencies or a belief in government as the most efficient allocator of capital but, rather, the clear realization that the government can employ people quickly and effectively. The first step must be for...
Obama can fight for a breakthrough - bipartisan or otherwise - on health care or education, display a muscular handling of an unexpected foreign policy crisis or recruit some significant new blood into his Administration. Maybe he'll get lucky and see some long-awaited improvement of the economy, in terms of...
Still, echoing the sentiments of many development experts, Bellerive insists the quake's obliteration has yielded an opportunity to realize changes in Haiti - in as early as "four to five years," he believes - that might not have been possible before. The most important, he says, is the "deconcentration" of half...