Art Perlo
LATEST ARTICLES BY Art Perlo
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African Americans and Social Security
February 11, 2005Social Security plays an exceptionally important role in the economic life of African Americans: Social Security is the main source of retirement income for most elderly African Americans, and the only source for 40 percent.
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Who will pay for the falling dollar?
December 17, 2004The declining dollar is featured on business and editorial pages from The New York Times to local newspapers, and it has even made it onto television’s “The Daily Show.”
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Bush plan for Social Security: divide and profit
November 12, 2004At the Republican Convention this summer, President Bush said, “We must strengthen Social Security by allowing younger workers to save some of their taxes in a personal account.”
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Bushonomics: 39 million locked in poverty
October 15, 20041 in 4 families are ‘working poor’ Report calls for minimum wage hike One in four working families in the U.S. “earn wages so low they have difficulty surviving financially,” charged a report released Oct. 12...
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Prosperity just around the corner?
August 27, 2004“The economy is strong, and getting stronger,” says President Bush, but an AP poll reports that only 10 percent of households making less than $50,000 a year think their economic situation is strong.
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Minimum wage outrage
August 13, 2004The federal minimum legal wage is $5.15 per hour. That stinks! A full-time, minimum wage worker receives only $10,300 per year before taxes. By the end of this year, the value of the minimum wage will...
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The economy: theirs and ours
July 16, 2004When the most recent Labor Department report showed a gain of only 112,000 jobs in June, far less than the 297,000 average for the previous three months, President Bush claimed it was good news. “We’re witnessing...
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Job report masks signs of trouble
June 11, 2004While the Associated Press reports on “a job market steadily gaining steam ahead of November’s presidential election,” President Bush still has plenty to worry about from working-class voters concerned with the economy.
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