Archive
Progressive Breakfast
MORNING MESSAGE: Is Our Budget Out Of Control? IMF Says Yes. Charts Say No. OurFuture.org's Richard Eskow: "The IMF report calls us 'profligate' because of the imbalance between the amount of money our government collects and the amount it spends. But, as Howard...
Progressive Breakfast
MORNING MESSAGE: Is Our Budget Out Of Control? IMF Says Yes. Charts Say No. OurFuture.org's Richard Eskow: "The IMF report calls us 'profligate' because of the imbalance between the amount of money our government collects and the amount it spends. But, as Howard...
Progressive Breakfast
MORNING MESSAGE: Is Our Budget Out Of Control? IMF Says Yes. Charts Say No. OurFuture.org's Richard Eskow: "The IMF report calls us 'profligate' because of the imbalance between the amount of money our government collects and the amount it spends. But, as Howard...
Progressive Breakfast
MORNING MESSAGE: Is Our Budget Out Of Control? IMF Says Yes. Charts Say No. OurFuture.org's Richard Eskow: "The IMF report calls us 'profligate' because of the imbalance between the amount of money our government collects and the amount it spends. But, as Howard...
Swell Times for America's Swollen Fortunes
Can a democracy survive if the richest of the rich within it can pass on to their heirs, generation after generation, the vast bulk of their fortunes? In the United States, that question first became a top-tier topic of political debate back over a century ago....
JetBlue And Its Friends Are Trying to Ruin Your Old Age
A new press release says that forty more corporate CEOs, including JetBlue's, have joined a covert lobbying group for Wall Street, billionaires and the defense industry called "Fix the Debt." Fix the Debt is attacking Social Security, Medicare and other vital...
Is the U.S. Budget "Wanton" and "Wild"? The IMF Says Yes, These Charts Say No
Well, there they go again. Less than a week after its chief economist apologized for wrongly imposing austerity on European nations – hey, sorry about that, unemployed millions! – the International Monetary Fund is misleading another country into the miasma of...
Heritage Has Another "Economic Freedom" Index Out. Guess Where the U.S. Ranks. And Why.
It's that time again. The folks at the Heritage Foundation (Jim DeMint's new perch) have published another "Index of Economic Freedom." I first encountered the index in April of 2010, when Heritage ranked Ireland in the top ten countries with the greatest degree of...
November Trade Deficit Drained $48.7 Billion From Economy
DC frets about the budget deficit, which is money we owe mostly to each other, spent on things we do for each other to make our lives better. But the trade deficit is money that actually leaves our economy, making us poorer and less able to make our lives better.
The One Economic Problem Nobody Seems To Give A Damn About
It remains one of the strangest and saddest aspects of our current economic debates that nobody seems to care all that much about our still painfully high unemployment. And it's probably a lot higher than we know. Meanwhile, we're still on the austerity train determined to "fix" our problems by making them worse. I'm sure that's going to end well.
