All signs point to a slow down in the economic recovery...

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Which means Republicans are patting themselves on the back. Retail sales – a key component of our economy – have dropped for three straight months now. These numbers suggest what most economists have been saying since day one – that this is a demand crisis since workers don’t have enough money in their pockets to spend – is true. On top of that, a new report by the Economic Policy Institute reveals that Republican austerity measures that have killed more than a million public sector jobs are also killing the private sector.

Looking at the economic multiplier effect, every single public sector job that is lost leads to a reduction in spending in the economy, and thus pain for the private sector. As the EPI concludes, “for every dollar cut in salary and supplies of public-sector workers, another $0.24 is lost in purchasing power throughout the rest of the economy…This means that the public sector being down 1.1 million jobs has likely cost the private sector 751,000 jobs.”

Unemployment would be a full percentage point lower – if not more – had it not been for Republican attempts to sabotage our economy. So remember, when Republicans talk about the bad economy – they’re bragging!

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The world we're leaving for today's teens...

Without immediate global action on climate change, today's teenagers will be forced to live with the consequences of our inaction. The World Bank has issued their third report of climate change, and it says that global temperatures could rise by as much as 4 degrees Celsius by the time today's teens hit their 80th birthday.

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