“Gov. John Kasich’s administration will limit food stamps for more than 130,000 adults in all but a few economically depressed areas starting Jan. 1. To qualify for benefits, able-bodied adults without children will be required to spend at least 20 hours a week working, training for a job, volunteering or performing a similar type of […]

Union leaders note that under the law, workers whose family income is less than four times the poverty line will qualify for subsidies in the form of tax credits to obtain health insurance in the exchanges, with insurance sold by for-profit, nonprofit and cooperative companies. The union leaders say they want similar treatment — for […]

  I received the following email from Dan Crawford last evening: Fwd: Blog Post Idea: SCOTUS Must Protect Free Speech in Ohio and Beyond Is this interesting? ———- Forwarded message ———- From: Kristen Thomaselli <[email protected]> Date: Wed, Sep 11, 2013 at 6:25 PM Subject: Blog Post Idea: SCOTUS Must Protect Free Speech in Ohio and Beyond To: [email protected] […]

I’m sure we’re all shocked that the rich are taking yet another record share of the national economic pie: The gulf between the richest 1% of the USA and the rest of the country got to its widest level in history last year. The top 1% of earners in the U.S. pulled in 19.3% of […]

In comments to this post, the idea is floated that capacity utilization (TCU)  is about to surge. Mark Sadowski, in comment 5 at this post, reminds us that, “Capacity utilization only applies to industrial production, and industrial production consists of only manufacturing, mining and utilities. Thus it is not very representative of the entire economy, […]

INET has a great interview with Robert Skidelsky. It is well worth watching. Here is the link… He talks about political power in determining which economic theories get applied. He talks about fiscal policy. He mentions that trying to re-work supply side reforms while the markets are weakening in demand can be unproductive. Many other […]

Elizabeth Warren Addresses the 2013 AFL-CIO Convention   “Our agenda is America’s agenda.”   If there was ever a populist call to the presidency, this is it. Listen to the end to get the full effect. This Senator can give a good speech.

                                         Picture by K Manley   With all the activity by fast food workers to increase their salary, one fast food restaurant located in Dearborn Heights (just outside of Detroit) and north of 94 on Telegraph is leading the way with increased hourly wages for its workers. Presently at $12.00/hour, “Moo Cluck Moo” is […]

I have written before how state and local subsidies are more out of control than ever, and more recently how the number and size of megadeals has increased substantially since the Great Recession. Now a new study from Governing magazine (h/t to Al at LinkedIn group Economic Development 2.0) exhaustively analyzes New Jersey’s five largest […]

Worth a look. Job Losses Post-WWII Recessions (Bill McBride, Calculated Risk) Click on graph for larger image.