by Dave Johnson | Aug 12, 2011 | Blog
"The patient is sicker so we have to apply more leeches." Countries that are trying to fix deficits with spending cuts are finding out that taking money out of their economies by cutting government is slowing their economies. Duh! Imagine that! So instead of cutting...
by Richard Eskow | Aug 12, 2011 | Blog
Mitt Romney got a lot of press for telling a heckler at the Iowa State Fair that "corporations are people." He did not go on to sing that Patti Smith song, People Have the Power. But corporate "people" certainly do. Their power was on display this week, both in...
by Isaiah J. Poole | Aug 11, 2011 | Blog
The political world is abuzz with a heat-of-the-moment comment by Republican presidential candidate Mitt Romney that is starkly revealing. Here's how The Huffington Post reported it: Pressed by an attendee at the Iowa State Fair on Thursday as to why he was focusing...
by Terrance Heath | Aug 11, 2011 | Blog
In the new economy, we may all need a "sugar daddy." And, no, I don't mean the candy. "People will find a way," has been Republicans' constant refrain for the past year or so, in their ceaseless targeting vital programs and services for deep cuts,...
by Dave Johnson | Aug 11, 2011 | Blog, Making it in America
Washington is in a Fox News tizzy about budget deficits. But even though the budget deficits were clearly caused by tax cuts for the rich, huge military spending increases and the effects of the lack of jobs, ideas for fixing those are the very things that are "off...
by Richard Eskow | Aug 11, 2011 | Blog
Hopefully the worst of the violence is over in Great Britain. London's fires are cooling into ashes, and with any luck they won't be rekindled. But even though the British economy is still a tinderbox, nothing that's happened has dampened some people's enthusiasm for...