Archive | Economy
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Professors encourage wealthy to donate tax cuts
Frustrated by Congress’ Dec. 17 extension of Bush-era tax cuts across all income brackets, three Cornell and Yale professors created a new website, GiveItBackForJobs.org, to urge wealthy Americans to give their tax cuts to charities promoting social welfare and economic equality.
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Column: What the NFL could teach the rest of America
The worst recession since 1929 shattered American confidence in our economy and in our government. Global stock exchanges crashed, and the whole world lost its savings in the wreckage.
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Column: Competition with China overshadows growth
This week’s screening of Mr. Hu Goes to Washington offered commentators an opportunity to highlight areas where the world’s top two economic powers can cooperate. Although agreement remains elusive, progress demands U.S.
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Column: State wants to pass debt to students
While students across the state enjoyed the final few days of their winter break, a state task force took the first steps in another attempt to oblige students to pay more for the same instruction. On Jan.
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Governor Brown’s proposed 2011-2012 budget cuts $500 million in state funding for U. California
$500 million in state funding will be cut from U. California’s budget if a new proposal by Gov. Jerry Brown is enacted. Under Brown’s plan, student and family contributions to the UC would exceed investment from the state for the first time in history.
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Column: Social Security secures little for this generation
Hello to the year 2011; a year that may prove to be a major turn-around year for the American economy. It may also be a year of substantial change for the United States government, whether it is for better or for worse.
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Column: Raise the debt ceiling higher
A new year brings the old tradition of default and bankruptcy fears to our nation's capitol. The federal government is again within reach of the debt ceiling, the maximum allowable amount the government can borrow.
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U. California Leaders Reject Executives’ Pension Demands
U. California President Mark Yudof and Chair of the UC Board of Regents Russell Gould issued a joint statement Tuesday rejecting the demands set forth in a letter signed by 36 university executives who are threatening to sue if a policy that would increase pensions for the university's highest-paid e...
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Column: The next great American crisis
The recent collapse of the financial sector was only felt by most after it happened. Today, we face yet another financial crisis that is quietly creeping up on us. And I’m not talking about a double-dip recession or a renewed threat from Wall Street.