by Richard Eskow | Mar 29, 2012 | Blog, Chained CPI
When millions of dollars are being pumped into Washington by anti-government and anti-tax ideologues, you're bound to find Democrats willing to play along. And when your Washington press corps can't be bothered to get even the smallest details right - well, that must...
by Isaiah J. Poole | Mar 29, 2012 | Blog, Minimum Wage
The Progressive Caucus Budget for All, the embodiment of the progressive vision for rebuilding the economy, was voted down overwhelmingly on the House floor Thursday. But that vote was just the beginning of what should be an epic debate over the choice between...
by Robert Borosage | Mar 29, 2012 | Blog, Economy, Minimum Wage
In 2010, as the economy began its slow recovery from the Great Recession, a new study shows the richest 1 percent of Americans captured a staggering 93 percent of all income growth, while the incomes of most Americans stagnated. Ninety-three percent. Occupy that. The...
by Dave Johnson | Mar 19, 2012 | Blog, Minimum Wage
... is separation from reality caused by internalizing decades of endlessly repeated right-wing propaganda. This time it shows up in a discussion of the effect of top tax rates by Christina Romer. I hate to pick on Romer again, but... In the New York Times' Economic...
by Dave Johnson | Mar 19, 2012 | Blog, Making it in America, Minimum Wage
“There was clearly something wrong with the U.S. economy long before the crash.” Consensus Consensus. Again and again, people who examine what went wrong with our economy leading up to the great recession come to the same conclusions! Study after study, book after...
by Dave Johnson | Mar 18, 2012 | Blog, Reagan Revolution
(This post was originally published June 16, 2010) It seems that you can look at a chart of almost anything and right around 1981 or soon after you'll see the chart make a sharp change in direction, and probably not in a good way. And I really do mean almost anything,...