The Real Deficit Is Jobs!

The real deficit is jobs. That is one more of those things that everyone can see in front of their faces, but we’re told it isn’t what it is. There […]

What’s China Doing?

As today’s Progressive Breakfast points out, NYT news reports suggests move is for real, part of fundamental change in Chinese economy: “For years, Chinese leaders looked to the millions of […]

Deficit Deception Risks Depression

The deficit problem can be summed up very simply: the public thinks Obama’s policies created a huge deficit. Never mind that it was Bush’s deficit — the public doesn’t know […]

Obama’s Speech – The Carter Context

“The moral equivalent of war.” Tonight President Obama will talk about the Gulf oil catastrophe, and, hopefully, overall energy and climate policy. A look back at President Carter’s fight over […]

Steelworkers, Wind Manufacturers Team Up

The United Steelworkers (USW) and the American Wind Energy Association (AWEA) today announced a a joint ‘Framework Agreement’ to create a ‘Partnership for Progress’ to accelerate the development and deployment […]

Liveblogging AFN Press Conference On JOBS

Bob Borosage introduced Richard Trumka of the AFL-CIO, who said, “Saving and creating jobs is the path to reducing the deficit.” Progressive tradition in America means the same today as […]

Stocks Drop

Disappointing jobs report sends stocks tumbling, Stocks tumbled Friday after the Labor Department said hiring remains weak and Hungary became the latest European country to report its economy is in […]

High Unemployment Used To Be A National Emergency

In Does Washington care about unemployment? economist Brad DeLong asks the question, In 1983, Ronald Reagan’s Washington regarded high unemployment as a national emergency. Today, with unemployment kissing 10 percent, […]

Why the Deficit Dominates DC Thinking

Washington politicians are convinced that the public is demanding cuts in spending, even over creating jobs and restoring the economy. This pressure comes because much of the public believes that […]

Car Dealers and Consumer Protections

Richard (RJ) Eskow wrote a couple of days ago, in Traded-In: These “Used” Senators Sold Out The Troops For Auto Dealer Cash You know why Americans place car salespeople at […]

100% Pure Wall Street Astroturf

Astroturf is the term for manufacturing an artificial appearance of grassroots concern about an issue. The idea is to pump a bunch of money into a PR campaign that makes […]

China Dialogue – No Currency Agreement

The US-China Strategic and Economic Dialogue has concluded. It is remarkable for two countries to engage in a dialog such as this, and efforts like this to constructively manage differences […]

Week Of Action on Jobs

On the one side there are millions of people needing jobs and millions more “underemployed,” the economy is still mired in a very, very slow recovery that is a recovery […]

Stop China’s Cheating

Monday the U.S.-China Strategic and Economic Dialogue (S&ED) begins in Beijing. (See the Treasury Dept fact sheet on the S&ED.) Secretary of State Hillary Clinton and Treasury Secretary Tim Geithner […]
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