July 2011

Pueblo Chieftain: Obama Calls D.C. a ‘Circus’, Asks people For Debt Help

Check out the recent coverage from the Pueblo Chieftain on the national debt talks here. President Obama called on the public to contact their legislators to urge them to agree to a debt compromise in his prime time TV speech Monday night.

You can read the full article here.

Did you like this? Share it:
Leave a comment

CBS News: Public Employees Feel The Recession’s Pinch

Check out this recent coverage of how state and local governments are struggling so much that they can’t hire and continue to lay off workers.

One example cited in the story is how the city of Cleveland laid off just graduated police recruits because the city can’t afford to pay them.

See the story here.

Did you like this? Share it:
Leave a comment

Pueblo Chieftain: Audit Finds PERA Will Remain Solvent

An audit released earlier this week finds that the Public Employees’ Retirement
Association will remain solvent due to recent changes to the fund.

Click here to see the Pueblo Chieftain’s coverage of the audit.

Did you like this? Share it:
Leave a comment

NPR: As Income Gap Balloons, Is It Holding Back Prosperity?

This story is a must listen – NPR covering the growing income gap, including some surprising comments from the Federal Reserve Board of Governors.

Some other interesting facts from the story include:
- Over the past two-years the net worth of middle incomers have seen their net worth drop 20%.
- The income gap is the widest since 1928, right  before the stock market crash triggered
the Great Depression.
- Top CEO salaries were up 23 percent last year, while the average worker’s pay was up only .5 percent.

Check out the full story online here.

Did you like this? Share it:
Leave a comment

US News: Public Sector Job Cuts Threaten Economy

See recent coverage by US News & World Report on how cutting local,state and federal government jobs hurts the economic recovery.  According to the US News report, about 100,000 public employees have lost their jobs in the last year – 39,000 in June alone.

Some experts believe that local and state governments will cut as many as one million jobs in the next fiscal year. These cuts come at a time when “Economists say the economy needs to add 350,000 to 400,000 jobs each
month over the next three years to bring unemployment down to around 6
percent.

To read the complete story, click here.

Did you like this? Share it:
Leave a comment

USA Today: CEOs Reap Huge Payouts In 2011

See USA Today’s coverage of CEO pay here. According to the USA Today article, the average S&P 500 CEO pay is up 18% from 2009  to $12 million in 2010 – figures that don’t include compensation from stock and stock options.

U.S. workers averaged $46,742 in 2010, up 2.6% from 2009. CEO earnings are expected to rise in 2011 based on corporate filings.

Read the complete article here.

Did you like this? Share it:
Leave a comment

Video: Colorado’s Budget- In Plain Talk

Check out this excellent and easy to understand video from the Bell Policy Center about Colorado’s budget and our fiscal challenges.

You can can also download a companion tool kit that goes along with the video at the Bell Policy Center’s website here.

Did you like this? Share it:
Leave a comment