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GOP Is Winning the Budget Battle, but May Lose the Political War

by Joseph Lazzaro on Mar.21, 2011, under Towing

GOP Winning the Budget Battle, but May Lose Economic War

The Republicans are winning this year’s budget battle: Discretionary spending will decrease. But this is hardly the time for the GOP to take a victory lap: Next, the GOP will have to lower unemployment and improve the average American’s daily life — two areas where the party has historically come up short.

Continue reading GOP Is Winning the Budget Battle, but May Lose the Political War

GOP Is Winning the Budget Battle, but May Lose the Political War originally appeared on DailyFinance on Mon, 21 Mar 2011 17:00:00.

Filed Under: Columns, Economy

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People@Work: The Sorry State of America’s Wage Earners

by David Schepp on Mar.21, 2011, under Towing

Everyone knows that the typical American household has been running in place or falling behind financially, thanks to stagnant wages and rising prices. But a new study from the the Economic Policy Institute shows that the problem has been endemic not for years, but for decades.

Continue reading People@Work: The Sorry State of America’s Wage Earners

People@Work: The Sorry State of America’s Wage Earners originally appeared on DailyFinance on Mon, 21 Mar 2011 08:30:00.

Filed Under: Columns, Economy, People, Careers

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Can the Tea Party’s Platform Reduce Unemployment?

by Joseph Lazzaro on Mar.15, 2011, under Towing

The U.S. set the forces of globalization in motion, and now more than ever, it’s clear we’re suffering the consequences: high unemployment, stagnant or declining incomes, and rising costs for goods. Can the policies of the surging Tea Party provide solutions, or will they just make matters worse?

Continue reading Can the Tea Party’s Platform Reduce Unemployment?

Can the Tea Party’s Platform Reduce Unemployment? originally appeared on DailyFinance on Tue, 15 Mar 2011 08:30:00.

Filed Under: Columns, Economy

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Decoding the GOP Argument Against Punishing Banks for Their Mortgage Crimes

by Abigail Field on Mar.11, 2011, under Towing

Almost as soon as regulators proposed a settlement for the mortgage mess that would require banks to obey the law, the banks’ Republican allies began trying to weaken it through obfuscation and confusion. Read on for some plain English translations of their arguments against the settlement.

Continue reading Decoding the GOP Argument Against Punishing Banks for Their Mortgage Crimes

Decoding the GOP Argument Against Punishing Banks for Their Mortgage Crimes originally appeared on DailyFinance on Fri, 11 Mar 2011 12:00:00.

Filed Under: Columns, Economy, JP Morgan Chase, Bank of America, Citigroup, Wells Fargo & Co, Real Estate, Credit

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House Votes to End ‘Car Czar,’ ‘Pay Czar’ Posts

by David Schepp on Feb.18, 2011, under Towing

Republicans in the House of Representatives voted Thursday to eliminate the Obama administration’s “car czar,” as well as the “pay czar” who oversees compensation at companies bailed out with TARP money, and seven other presidential advisers.

Continue reading House Votes to End ‘Car Czar,’ ‘Pay Czar’ Posts

House Votes to End ‘Car Czar,’ ‘Pay Czar’ Posts originally appeared on DailyFinance on Fri, 18 Feb 2011 08:30:00.

Filed Under: Company News, Economy, American International Group, General Motors, Taxes, Autos, Chrysler