The forum on American debt and deficit had it right. First, don’t panic. Don’t stop the stimulus spending or raise taxes with the economy still near the bottom. more »
The G-20 Summit is wrapping up today. We can compare its performance to promises made in advance. Leaders discussed financial markets, of course, but they also made promises about jobs and work. Some highlights:more »
The new consensus on international imbalance monitoring and surveillance reduces the problems associated with implementing effective development and growth strategies in the face of several political and economic constraints to a problem of imbalances that can be solved by minor adjustments. more »
I am in Pittsburgh for the G20. The big issues here are,
Economic restructuring to prevent another collapse, including regulation of banks, with banker pay a key component of what other countries are identifying as a problem,
Today is the first day of the G-20 summit in Pittsburgh. Because the G-20 nations represent 80 percent of world trade, it makes sense to look at America’s position within it. The above chart shows our trade balances with respect to the G-20 nations. Specific numbers are below.
LOOK BACK IN ANGER: WALL STREET INSIDERISM, OLIGOPOLY, & THE THREAT TO DEMOCRACY PART I
September 22, 2009
Dear Citizens and Elected Officials:
INTRODUCTION
It seems that since the last posting of August 8th, our nation has passed through a darkly revelatory passageway, illuminated only by the passions stirred up by the health care debate. more »
You'd think some profiteering schemes are too sick even for Wall Street. But think again.
Wall Street is hoping that health care reform fails so not only will insurance company profits and salaries rise but big banks can get in on the business. more »
At the G-20 Summit in Pittsburgh later this week, people will hear about the city's slump and rebirth. That's good as far as it goes, but it dodges the ultimate question. Can the United States remain the world’s consumer forever? Or will the G-20 chart the process by which the global economy after the crisis is more balanced, less dependent on U.S. consumption, and sustainable in Pittsburgh as well as Beijing?
Delicious
Digg
StumbleUpon
Propeller
Reddit
Magnoliacom
Newsvine
Furl
Facebook
Google
Yahoo
Technorati
