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Jim Hightower

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National radio commentator, writer, public speaker, and author of the book, "Swim Against The Current: Even A Dead Fish Can Go With The Flow," Jim Hightower has spent three decades battling the Powers That Be on behalf of the Powers That Ought To Be - consumers, working families, environmentalists, small businesses, and just-plain-folks. Twice elected Texas Agriculture Commissioner, Hightower is a modern-day Johnny Appleseed, spreading the message of progressive populism all across the American grassroots. He broadcasts daily radio commentaries that are carried in more than 150 commercial and public stations and on the web.

May 152013
 
The Chilling Reality of America's Worsening Jobs Crisis

Jobs crisis over! Hiring increase for receptionists, waiters, clerks, temp workers…

At last, some excellent economic news for folks long-mired in the jobs crisis and stagnant labor market!

At least, those were the headlines recently trumpeted across the country. “Jobs Spring Back,” exclaimed a typical headline or report that companies added a better than expected 165,000 private-sector jobs in April. Wow — the thunderous, three-year boom of prosperity that has rained riches on Wall Street is finally beginning to shower on our streets, right?

Well, as dry-land farmers can tell you, thunder ain’t rain. Read beneath the joyful headlines hailing April’s uptick in job numbers, and you’ll see the parched truth.

For example, more than a third of working-age Americans are either out of work or have given up on finding a job. Also, last month’s hiring increase was almost entirely for receptionists, waiters, clerks, temp workers, car-rental agents and other low-wage positions with no benefits or upwardly mobile possibilities. On the other hand, manufacturing — generally the source of good, middle-class jobs — did not add workers in April and has cut some 10,000 jobs in the last year.

Especially problematic in this jobs crisis was the continued rise in underemployment — people wanting full-time work, but having to take part-time and temporary jobs. Underemployment is also pounding college graduates. While they’ve been more successful than non-grads at landing jobs, they’re not getting jobs that fit their career goals or even require the degrees they spent money and time to obtain. Indeed, many of those rental agents and restaurant employees you encounter hold four-year degrees, forcing everyone else to scramble for the few, even lower-paid jobs further down the skill ladder.

Meanwhile, the next graduating class is already beginning to flood into the labor market from colleges and high schools with nowhere to go.

In May, another headline shouted: “Stock Market Soars.” It expressed delight that the Dow Jones Average topped 15,000 for the first time in its history.

Yet this index of Wall Street wealth gives a totally false picture of our nation’s true economic health. Yes, the privileged few are doing extremely well. But the workaday many are struggling — and falling further and further behind as the jobs crisis continues, with employment sinking steadily from mere recession down into depression.

The monthly unemployment reports don’t tell the depths of misery that’s out here in the real world, beyond the view of Wall Street and Washington elites. For example, President Obama hailed the news that unemployment dipped to 7.5 percent in April. Unstated, though, was the stark reality that this good-news dip was not due to a jump in job offerings, but to a bad-news labor market so weak and discouraging that more and more Americans are dropping out of it or never entering it.

More than a third of our working-age population is no longer even in the job market, and only 58.6 percent of us are employed. Put the opposite way, 41 percent of the potential workforce is not working — about 102 million people. One more statistic, and it’s a chiller: More than one out of five American families report that, last year, not a single family member had a job.

Our people are trapped in a jobs crisis that is sucking the economic vitality out of our nation, but our leaders refuse even to acknowledge it, much less cope with it. In fact, corporate chieftains are deliberately exacerbating the crisis by hoarding trillions of dollars that ought to be rushed into job-creating expansions, and politicians keep adding to the casualties by gleefully eliminating the middle-class jobs of hundreds of thousands of teachers, firefighters, police and other valuable public employees.

America’s middle class is burning to the ground, while Washington fiddles with nonsense and Wall Street feathers its own nest. It’s disgraceful.

May 082013
 
Corporate Cowards Divert Shareholder Funds into "Dark Money"

Dark money strategy enabled by “Citizens United” Supreme Court decision If corporations are people, as the Supreme Court pretends, they certainly are loudmouths, constantly telling us how great they are and spreading their names everywhere. Amazingly, though, these corporate creatures have suddenly turned demure, insisting [more...]

May 012013
 
George W's $250 Million Can of Whitewash

Big doings in Big D — the George W. Bush Presidential Library is open for business! What a piece of work it is: a $250 million, 226,000-square-foot edifice on 23 acres in Dallas. His brick-and-limestone structure is certainly imposing, but once inside, you quickly see [more...]

Apr 232013
 
Gagging on ALEC Gag Laws

ALEC is desperate to keep you from knowing what goes on inside Big Ag’s abusive industrial system In most state legislatures today, “off the wall” has become the political center, and bizarre bills are no longer unusual. Still, it seems strange that legislators in so [more...]

Apr 102013
 
Where's the Cop on the Wall Street Beat?

Wall Street Bankers gone wild! Let’s tally some of the Wall Street banker crimes: JPMorgan Chase engaged in massive, systematic fraud to foreclose without cause or due process on innocent homeowners, tossing thousands of families into the streets. Goldman Sachs profited by marketing an investment [more...]

Apr 022013
 
Wall Street Hogs Still Running Wild

Beastly Wall Street must be tamed Wall Street is a beast. And proud of it! In fact, a pair of animals are the stock market’s longtime symbols: One is a snorting bull, representing surging stock prices; the other is a bear, representing a down market [more...]

Mar 272013
 
Corporate Kangaroo Courts Supplant Our Seventh Amendment Rights

Seventh Amendment? Yeah, right — That’s so quaint! Being wronged by a corporation is painful enough, but just try getting your day in court. Most Americans don’t realize it, but our Seventh Amendment right to a fair jury trial against corporate wrongdoers has quietly been [more...]