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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. Start with the real problem, America’s trade deficit....

Time to Take on the Banks

It's time to take on the banks. 74% of American voters agree that “greed and risky decisions of banks and financial companies led to the financial crisis and recession, and it's time that Congress cracked down on their reckless practices to protect consumers.” The...

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. The survey of 802 registered voters in September 2009, revealed a clear sense of who’s winning and who’s losing...

Deficit reduction: DOs and DON’Ts

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. The Center for American Progress and Center on Budget and Policy Priorities convened the forum. Guests...

G-20 Promises: What They Mean

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: “3. We must promote employment through structural...

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