Conservatives are using the economic crisis to push through their favorite tricks. The latest trick is a commission to cut the budget and cut the debt without the inconvenience of the democratic process. It’s a strange distraction from the real problem. Jobs.
House of Representatives staffers who take the District's subway system to work are now confronted with a host of scary images as they exit the station: A forlorn Uncle Sam panhandling to pay off a $12 trillion debt; a stopwatch with the message that it would take 31,000 years for that stopwatch to tick off one trillion seconds, a poster with 16 digits symbolizing the debt, down to the penny, stre more »
A federal program of direct job funding, even at a time when unemployment is expected to exceed 10 percent for the next several months, is the third rail of any discussion about reducing unemployment. more »
On a conference call today with economists who blog and folks who blog on the economy, Speaker Pelosi sought to bridge the gap between progressive proponents of public investment to create jobs, and right-leaning Democrats touting austerity for immediate deficit reduction, by saying: "We will never have deficit reduction without job creation." more »
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