by Robert Borosage | Nov 30, 2012 | Blog, The Sequester
Pressure for a deal to avoid the so-called "fiscal cliff" at the end of the year is building. Even minor tremors in the stock market are treated as auguries of the panic that will attend a failure to act. A multi-million dollar campaign funded by Wall Street...
by Jeff Bryant | Nov 29, 2012 | Blog, Education, The Sequester
Public education's fiscal cliff already happened. The "austerity bomb" Paul Krugman warns us of in the New York Times was already dropped on public schools at least two years ago. And what impact the sequestration has on education is, in comparison, a ground assault....
by Digby | Nov 26, 2012 | Blog, The Sequester
Just this: You’ve heard the story many times: Supposedly, any day now investors will lose faith in America’s ability to come to grips with its budget failures. When they do, there will be a run on Treasury bonds, interest rates will spike, and the U.S. economy will...
by Dave Johnson | Nov 12, 2012 | Blog, The Sequester
Anyone who has read The Shock Doctrine understands exactly what this "Fiscal Cliff" scare is. If you have already read The Shock Doctrine by Naomi Klein you have probably been rolling your eyes at all this "Fiscal Cliff" scare talk. "Here they go again" you're...
by Isaiah J. Poole | Oct 22, 2012 | Blog, The Sequester
The upcoming presidential debate on foreign policy will undoubtedly feature warnings from Republican candidate Mitt Romney that defense spending cuts from the Obama administration will compromise the nation's ability to defend itself. What you will not hear, at least...
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...
