|
Public
Employee Press Dollars
and Sense magazine makes sensible economic reading In
the first three months of 2008, the United States lost a quarter of a million
jobs, driving the unemployment rate over 5 percent for March. Real wages, adjusted
for inflation, have been falling throughout the Bush years.
As we try to
make sense of our vanishing dollars and cents, one magazine takes aim at the issues
and solutions that are important to working Americans. Dollars and Sense magazine
is written to be understandable to those who feel the pain of an economy run wild.
The
March/April issue deals mainly with jobs and the current economic crisis .In an
article on The Employer of Last Resort Proposal, Ryan Dodd compares
Argentinas recent actions to provide jobs to unemployed workers with U.S.
President Franklin D. Roosevelts Works Progress Administration in the 1930s.
Dodd
revives the idea that governments should guarantee full employment by taking over
where the private sector has failed and bringing together the nations critical
unmet needs and people who need work.
Other articles in this issue focus
on the economic proposals of Hillary Clinton and Barack Obama. An article by Professor
William Black examines how deregulation let banks and major lending institutions
use risky and often criminal business practices that produced huge profits and
astronomical salaries for top executives but led to the massive losses that created
the current worldwide financial calamity.
The economic crisis is growing
fast but Dollars and Sense keeps us up-to-date with new information on its Web
site, www.dollarsandsense.org, along with most articles from the print edition,
which is available to members in the DC 37 Education Fund Library in Room 211.
Ken Nash, DC 37 Ed Fund Library
| |