Economy

MacIver Institute Ideologues Manage to Turn Lemonade Into Lemons

Lemon faceIn 2010, Governor Scott Walker ran for office on a simple message, that he would turn Wisconsin's economy around and create 250,000 jobs. There was good news for Walker in the Bureau of Labor Statistics jobs numbers released April 2013. Although Wisconsin still ranked 44th in the country in terms of job creation, the staggering economy had created 64,500 more jobs since Walker took office than previously known. There was a large upward correction in the BLS jobs data stretching back more than a year that not only impacted Wisconsin, but many states.

New Report By U.S. PIRG Targets Cash Stashed Overseas

In our new report on Fix the Debt, CMD reveals that part of the Fix the Debt's hidden corporate agenda is to push for new tax loopholes that would actually add to the deficit. Specifically, many Fix the Debt firms want to exempt money made offshore from taxation in the United States. Opening this new loophole would cost the Treasury some $1 trillion over 10 years according to Citizens for Tax Justice.

New Study by National Employment Law Project Documents ALEC’s Attack on Wages

Since the Center for Media and Democracy's launch of ALEC Exposed in July 2011, CMD has known that the American Legislative Exchange Council (ALEC) and its corporate funders are accelerating the race to the bottom in wages and working conditions for America's working families. ALEC has a raft of "model bills" to lower wages and slash benefits for workers, even one to repeal state minimum wage laws.

Conversation with "Fix the Debt," Help Count the Pinocchios

Last week, the Center for Media and Democracy and The Nation magazine worked together to publish a package in The Nation and a new online wiki resource on Pete Peterson and the Campaign to Fix the Debt, an entity we consider an "astroturf supergroup" with a huge budget working hard to create the fantasy that Americans care more about national debt and deficits than jobs and the economy. Fix the Debt is currently exploiting the "sequester" debate in Congress to encourage steep cuts to incredibly popular social programs like Medicare and Social Security.

Democracy Now! Interviews Lisa Graves and John Nichols About Exposing "Fix the Debt" Campaign

Democracy Now! spoke with John Nichols of The Nation and Lisa Graves of the Center for Media and Democracy about their joint efforts to expose Pete Peterson's "Campaign to Fix the Debt" as an astroturf supergroup spending millions to convince Congress that a job-killing austerity package is the way to go in the middle of an economic downturn.

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