Sunday, January 20, 2013

Today's Teamster News 01.20.13

State Unemployment and Payrolls for December 2012  Economic Populist   ...Sixteen state's unemployment rate increased for December as did the District of Columbia . Twelve states had no change in unemployment, 22 showed declines...
Inequality Is Holding Back The Recovery (opinion)  New York Times   ...our middle class is too weak to support the consumer spending that has historically driven our economic growth....
Walmart to Boost US-Made Products   ABC News   ...Walmart announced today that it is increasing the sourcing of U.S. products by $50 billion over the next 10 years, hoping to boost U.S. manufacturing and jobs...
Eurozone crisis live: Greece to probe ex-finance minister over tax scandal  The Guardian   ...Greek politicians were busy last night as they discussed whether to investigate four former ministers for their handling of the explosive 'Lagarde list' of potential tax evaders...Christine Lagarde handed the list of about 2,000 Greeks with money stashed in Switzerland to Athens in 2010, when she was French finance minister...
Corporate CEO 'Extremists' Target Social Security, Medicare  Common Dreams   ...'For the wealthy, pampered, and narcissistic CEOs of the Business Roundtable, sacrifice is always for someone else...'
Heresy of the week: Cutting waste in public services could be an expensive mistake  the deep end   ...by disconnecting itself from the public the system loses the knowledge required to get customer needs sorted out first time. Thus while the cost of each transaction might come down, the savings are outweighed by the increased number of transactions required to finally get the job done...