economy


Eric Lotke's picture

Obama’s Home And The Report Is Out: China Takes Us To School

President Obama is home from China and the U.S.-China Economic and Security Review Commission today releases its 2009 report to Congress. What have we learned? That we need to pay attention because we’re getting schooled. more »

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Dave Johnson's picture

The Problem With A Jobs Bill – And Everything Else

The country needs a jobs program and needs it right now. Cash for Caulkers would be a good start. A new Civilian Conservation Corps would be another. But let's not allow a jobs program to cover over the need for real changes in the structure and core principles of our economy. more »

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Eric Lotke's picture

What Chinese Currency Manipulation Looks Like

As President Obama packs for China, I thought I’d draw him a picture of how China is manipulating its currency.
Yuan_manipulation_CAFw.jpg

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Eric Lotke's picture

New Unemployment, Old Solutions

Today’s unemployment data contain gloomy news. Gloomy, but expected. The interpretation of the data is even worse. more »

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Eric Lotke's picture

Green Shoots. For Whom?

Today’s “Productivity and Costs” data from the Bureau of Labor Statistics contain what looks like good news. But keep the cork in the bottles.

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Greenwald: WaPo thinks wars are more important than health care.

salon.com — Glenn Greenwald reveals the depraved "logic" behind the beltway media establishment in his latest entry. According to the Washington Post, it's perfectly acceptable to be trillions of dollars in debt to finance the crumbling empire's wars abroad, but wholly unacceptable to invest in genuine health care reform because it would create massive debt.

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Dave Johnson's picture

Caught In A Machine That Grinds Us Up

This is Part II of Companies As Buy-And-Sell Commodities. See Part I, Companies As Buy-And-Sell Commodities - Workers, Customers and Country As Costs. more »

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Eric Lotke's picture

Bernanke Solves The Wrong Deficit

Federal Reserve chairman Ben Bernanke recognized today that America’s trade deficit played a central role in the global economic crisis. Then after he recognized the problem, he went on to solve a different one. more »

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Eric Lotke's picture

Time to Take on the Banks

The American people didn’t bail out banks that were too big to fail so they could take over banks that were smaller and did.

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Eric Lotke's picture

The American People: Smarter Than They Look On TV

New public opinion research by the Economic Policy Institute contains reassuring findings. The American people are smarter than they sometimes look on TV. more »

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