economy

The Anti-Stimulus Crowd Blows a Gasket

truthout.org — Dean Baker on the anti-stimulus crowd getting desperate.

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Hometown: Crippen, CA
Interests: Invest In America, america, bush, economy, FEMA, George, Iran, Iraq, Korea, Legacy, war
Honors: None, yet

The Second Report of the Congressional Oversight Panel

Accountability for the Troubled Asset Relief Program

Read the latest from the COP on TARP. more »


Susan Ozawa's picture

Who's Overseeing the Fed's Debt Pileup?

As conservatives complain about what they call prolific spending proposals for the recovery plan, they're not saying much about far more worrisome actions by the Treasury Department that is not only running up debt but limiting the government's ability to pull the economy out of recession. Where's the oversight here?

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Susan Ozawa's picture

Can Obama Stimulus Plan Create Jobs?

ASSISTANCE FOR HARD-PRESSED FAMILIES IS ONE OF THE BEST WAYS TO PRESERVE AND CREATE JOBS

Measures Supported by Some Policymakers Would be Far Less Effective

The CBPP Special Series: Economic Recovery Watch reviews the benefits of state relief in the Economic Recovery Plan. more »

ASSISTANCE FOR HARD-PRESSED FAMILIES IS ONE OF THE BEST WAYS TO PRESERVE AND CREATE JOBS

Measures Supported by Some Policymakers

CBPP Special Series: Economic Recovery Watch reviews the benefits of relief to States in the Recovery Package. more »

Hometown: Lisbon, Portugal, xx
Interests: America's Future Now, economy, progressive politics
Honors: None, yet

Why I'm Rooting for 3 Big Economic Bubbles

alternet.org — We need a healthcare bubble, an infrastructure bubble and a green bubble right now -- or else the whole thing will pop.

Thanks to Global Warming deniers in both government and industry, we are at least 25-years behind the curve on addressing human contributions to global climate change. And there's simply no way normal market forces are going to spend what it will take to catch up. In fact many industries, like coal and oil, have taken a page right out of the old Big Tobacco playbook, pumping out junk science and junkier scientists to counter such efforts.

The only way to catch up is to ignite the same animal passion that fuels every bubble - greed. "Make some green by investing green," needs to become one of America's investment mantras. "A healthy American is a consuming American" is another good one.

There are some early signs that just that kind of thing may be beginning to happen. With Democrats back in power, and the billions of fresh dollars rolling off the presses in DC, investors smell new opportunities in new places - the kind of places Democrats and the incoming Obama administration say they favor - healthcare, infrastructure and all things green.

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Right-Wing Economics Should Go the Way of Soviet Communism

alternet.org — The collapse of Communism as a political system sounded the death knell for Marxism as an ideology. But while laissez-faire capitalism has been a monumental failure in practice, and soundly defeated at the polls, the ideology is still alive and kicking.

The only place you can find an American Marxist these days is teaching a college linguistic theory class. But you can find all manner of free market fundamentalists still on the Senate floor or in Governor's mansions or showing up on TV trying to peddle the deregulation snake oil.

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