by Robert Borosage | Feb 15, 2010 | Blog
The Post's Robert J. Samuelson has been a purblind corproate trade ideologue, preaching its virtues even as the US sank into debt, corporations sent jobs abroad, and global imbalances helped drive the economy off the cliff. But in today's Post -- http://is.gd/8qu3b --...
by Robert Borosage | Feb 10, 2010 | Blog
China has surpassed Germany as the world's largest exporter. It is the largest holder of American Treasury bonds, nearly $800 billion. America runs its largest trade deficit by far with China. The low-price flood of goods—the Wal-Mart trade—is pervasive. Now the U.S....
by Robert Borosage | Feb 10, 2010 | Blog, Economy
Americans are angry -- Wall Street has been bailed out, and there's no sign of job growth on Main Street. We know this is important because Sarah Palin's poll tested tea party speech featured it. We know its important because that was the clear message of...
by Robert Borosage | Feb 5, 2010 | Blog
Republican leaders -- led by the perpetually tanned John Boehner, House Republican leader, and his whip Eric Cantor -- are looking to sell themeselves to big bankers angry about financial reform. Cantor says: a lot of bankers who supported Obama are feeling "buyers'...
by Robert Borosage | Feb 5, 2010 | Blog
The president rightly calls it a "no brainer." Direct lending to college students that saves $90 billion in excess subsidies to big banks and uses it to pay for college grants for poor kids and tax breaks for working families to help pay for tuition. This isn't...