8 May 2012
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GOP: Shield Pentagon, Cut Poverty Programs
From Politico
Setting the stage for an emotional floor fight Thursday, House Republicans pushed ahead Monday evening with plans to protect increased defense spending without raising taxes, largely by cutting more from domestic programs, including aid to the poor. The stark choices incorporated in the giant bill will have an immediate impact on...
No End in Sight
From James Surowiecki at the New Yorker
The talk in Washington these days is all about budget deficits, tax rates, and the “fiscal crisis” that supposedly looms in our near future. But this chatter has eclipsed a much more pressing crisis here and now: almost thirteen million Americans are still unemployed. Though the job market has shown some signs of life in...
Economists Up Their Forecasts
From USA Today
A USA Today survey of economists finds that "despite the headwinds of higher gas prices and Europe's financial crisis" they think the U.S. economy will grow faster than expected this year. Key findings: "The economy will grow 2.5% this year vs. their 2.3% forecast three months ago. Unemployment averaging 8% in the...
The Impact Of Financial Crisis On Women
From Thursday Bram at the San Francisco
The global financial crisis will have a lasting impact, without question. But it will have a particularly pronounced impact on women. Women with the same qualifications of their male counterparts and working the same number of hours, earn on average only 77% of what men in the same jobs earn. Women...
Selma-Montgomery March, Immigration Law Drawing Young People, First-time Protesters
From Associated Press
Beatriz Rosaliano says she was brought illegally to Alabama from Mexico when she was 2 years old. Now 17, Rosaliano says she has been energized by her adoptive state's toughest-in-the-nation immigration law to become an activist fighting for its repeal. Rosaliano and nearly...
