by Robert Borosage | Oct 1, 2012 | Blog, Economy, The Sequester
Last week, Federal Reserve Chair Ben Bernanke announced a dramatic new commitment of the Fed to keep long term interest rates low in the hope of boosting employment and economic growth. In doing so, Bernanke issued a wake up call to the Congress and to both...
by | Sep 21, 2012 | Blog, The Sequester
By: Stephen Miles and William Hartung(Crossposted at The Huffington Post and Win Without War)This week in Washington the halls of Congress have been flooded with talk about looming cuts to the Pentagon. With members of Congress floating plans to undo planned cuts...
by | Sep 19, 2012 | Blog, The Sequester
Originally posted at Capital Gains and Games. Take a look at this story by Jeremy Herb from The Hill yesterday and be prepared to stifle a huge scream. As Herb wrote, former Secretary of Defense Robert Gates and former Joint Chiefs Chairman Admiral Mike Mullen...
by Dave Johnson | Sep 19, 2012 | Blog, Minimum Wage
Mitt Romney was caught on video complaining that 47% of us don't make enough to pay taxes, believe they are victims, are dependent on government, etc. The right question is why do so many of us make so little? Moving Jobs To Places Where People Don't Have A Say You...
by | Sep 14, 2012 | Blog, The Sequester
Originally posted at Capital Gains and Games. Bruce Bartlett emailed me to say that, rather than cancel the sequester as I recommended, we should get the band back together and reconstitute the anything-but-super committee to give it another chance to come up with a...
by Terrance Heath | Sep 13, 2012 | Blog, Economy, Minimum Wage
The middle class is the great engine of the American economy, but today that engine is sputtering. Our economic crisis is one half of a vicious cycle in which it and the unemployment crisis feed and perpetuate one another, hollowing out the middle-class in the...
