by Terrance Heath | Feb 21, 2013 | The Sequester
The "sequester" is a terrible idea. It will do terrible things to the economy and the lives of millions of Americans. It was a terrible idea from the beginning, when it was born of an ugly deal on the "fiscal cliff." It will be disastrous for the country, and cost up...
by Derek Pugh | Feb 20, 2013 | Climate, The Sequester
The climate in Washington has been heating up as lawmakers brace for the automatic spending cuts come March 1 known as the sequester. However, the only real thing heating up is our climate, and that's where the House GOP prefers to remain silent and cold. In reality,...
by Digby | Feb 20, 2013 | The Sequester
Washington Examiner columnist Byron York is worried that the Republicans aren't as serious about allowing the sequester to happen as he'd like them to be: In a Wall Street Journal op-ed Wednesday, House Speaker John Boehner describes the upcoming sequester as a policy...
by Dave Johnson | Feb 20, 2013 | Economy, Minimum Wage, The Sequester
In just over a week the government is probably going to enter full-scale austerity. Republicans are refusing to end tax loopholes for big corporations and billionaires, choosing to let the "sequester" occur instead. Unless something changes, and soon, $1.2 trillion in...
by Dave Johnson | Feb 19, 2013 | The Sequester
President Obama today warned that the "brutal" budget cuts in the looming "sequester" -- the latest Republican-manufactured hostage-taking crisis -- will take a "meat-cleaver" to government and cost "hundreds of thousands" of jobs. He proposed eliminating tax...
by Dave Johnson | Feb 19, 2013 | Economy, Minimum Wage
You may have seen the charts showing how working people's wages stopped going up along with productivity gains: Update: I am adding this chart of productivity gain and wages, from EPI's The wedges between productivity and median compensation growth: This means the...
