by Richard Eskow | Aug 1, 2011 | Blog
How is this deal likely to affect your household? If you're in the top 1% of earners, there's no need to read any further because it probably won't affect you personally. Here are five ways it's likely to affect the rest of us: 1. You'll be less likely to find a job...
by Robert Borosage | Aug 1, 2011 | Blog, Economy
The raw deal on the budget ceiling has been cut. The Tea Party terrorists – the extremist faction willing to hold the economy hostage to get their way – have won. The Republic, common sense and decency have been trampled. With the economy deeply depressed, 25 million...
by Sam Pizzigati | Jul 31, 2011 | Blog
At times of national fiscal crisis, President Franklin Roosevelt ever so firmly believed, you don't give the awesomely affluent a free pass. You pound them — and then you pound them some more. Against a Congress where zealously rich people-friendly conservatives hold...
by Dave Johnson | Jul 31, 2011 | Blog
The Congress is fighting over how to cut the 10-year deficit, and this fight is at the edge of putting the country into default. The thing is, all of the things that polls show the public wants our government to do are off the table in these discussions. The public is...
by Robert Borosage | Jul 31, 2011 | Blog, Economy
Get out the togas; Congress is fiddling while Rome burns. As the grim economic numbers show, this economy is barely moving, crippled by government cutbacks that once more cost jobs. 25 million people are in need of full time work, a number that is growing as the...