Archive
They're STILL Saying Taxes And Spending Hurt The Economy
Serious People said budget deficits hurt the economy. We increased taxes on the rich and the deficits went down. Now Serious People say taxes hurt the economy.
GOP May Not Want Shutdown, But Doesn't Have a Plan To Stop One
The only way for Boehner to regain any leverage is to prove he can avoid a shutdown. The National Review suggests he is on his way toward that goal, noting that "there was disappointment" but no uproar.
Supersize Those Wages, McDonald's
Last month, McDonald’s gave its workers a little gift – a budget purporting to show how to survive on the starvation wages the burger behemoth pays. The bizarre financial plan made millionaire McDonald’s CEO Don Thompson look like a real clown.
Progressive Breakfast
Republicans Hide From Tea Party Republicans skipping town halls this August recess. NYT: "Most of the efforts to shame members of Congress who are not holding town halls are aimed at Republicans. Tea Party groups are focused mainly on pressuring fellow Republicans —...
Jobs, Jobs, Jobs. Please.
It is not hard to imagine ways we could fix the terrible unemployment situation. Fix the country's crumbling infrastructure. Fix trade. Stop the stupid "sequester" budget cuts. You can even get a little bit visionary.
The Tragedy of Greek Austerity Continues...
For millions of Greeks bearing up under six years of austerity measures, and an economy stuck in recession because of those austerity measures, that the economy shrank slightly less than predicted is nothing to cheer about.
Crocodile-Tear Time for America's Free Press
A rather ruthless billionaire has grabbed one of the world's great newspapers. But you don't have to be a high-tech plutocrat, the paper's previous regime has demonstrated, to help make our world more unequal.
Glenn Hubbard is Unhappy About the Budget Deficit
Glenn Hubbard, along with Tim Kane, had a column in the NYT today decrying the budget deficit. The column begins by repeating the warnings of Mike Mullen, that the debt is the “single biggest threat to our national security.”
The Free-Trade Job-Loss Express Is Coming Straight At Us
Giant multinationals are pushing a trade deal called the Trans-Pacific Partnership that will let them bypass our laws. We need to get this runaway train back on the rails or We the People will be begging for scraps thrown from the caboose.
What Should We Think About The Arrests at JPMorgan Chase?
Four years after Wall Street's malfeasance dealt a telling blow the economy, and long after tens of billions of dollars have been paid out for banker fraud, reports say that we're about to see the first arrests of Wall Street bank employees.
