Jobs are slowly coming back, according to the Wall Street Journal. Indiana and Texas doing better, but only 12 states and the District of Columbia had more jobs in May than they did a year ago.
The peerless Dean Baker sounds a warning: the wingers will soon be making another run at privatizing Social Security and Medicare.
Today he writes:
- Teamster General President Jim Hoffa just sent a letter to the editor at The Economist, a British news magazine started back in the 19th century to promote free trade.One of their columnists, "Schumpeter," wrote an essay saying that unions might offend people by talking about "fighting."Schumpeter, by the way, is named after the Austrian economist who coined the phrase "creative destruction." (Kind of goes with free trade, doesn't it?)