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The Real ‘Real’ GDP

The Real ‘Real’ GDP
This past Friday, May 30, 2014, the US government released its revised estimates for the first quarter 2014 US Gross Domestic Product. The initial April estimate of GDP for the first quarter showed the US economy stagnating, at only a 0.1% growth rate. Last week’s revised data showed, however, a significant further downward ... Read more

Solar Power Employs More People Than Coal and Oil Combined

Solar Power Employs More People Than Coal and Oil Combined
Welcome to the future, its already here. Solar employs and nuclear destroys; we have ample evidence of that now, and with the annual U.S. solar jobs census we now have proof that solar power isn’t just providing energy, without destroying our oceans and contaminating the earth and air ... Read more

Alive in the Sunshine

Alive in the Sunshine
One of the central contradictions of leftist politics within capitalism is that between labor and the environment. The more groups advocate for stringent regulations, the more the left is branded as “job killers” - often by other leftists. The more leftists push for the dream of total employment, the more they are accused ... Read more

A More Complete Review of U.S. Employment

Look Again–July Jobs DECLINED by?198,000 Jack Rasmus, August 7, 2011 COMMENTARY: Last Friday’s July jobs report indicated 117,000 jobs were created last month. It was hailed as a ‘not so bad’ report, not great but not as terrible as expected after last week’s dismal manufacturing and consumer spending ... Read more

The “Recovery” is Making Americans Poorer

How Recession Is Hastening the Wal-Martization of America A new report finds that the vast majority of the jobs created in the so-called recovery have been low-wage jobs. That’s a recipe for continued economic pain. By Sarah Jaffe Alternet, August 2, 2011 With all the focus on the drama surrounding ... Read more