by Dave Johnson | Jul 13, 2011 | Blog, Economy
Yesterday we learned that the trade deficit exploded in May, especially (as always) with China. The other side of our increasing imports is our increasing exports. The dollar is down against some currencies, putting us in a stronger position. Some countries are doing...
by Robert Borosage | Jul 13, 2011 | Blog
Conservative Republicans hold as an article of faith that cutting government spending creates jobs, even in the midst of a recession. House Majority Leader Eric Cantor, the conservative zealot who has personally blown up the debt ceiling talks twice over the mere hint...
by Eric Lotke | Jul 13, 2011 | Blog
Yesterday evening I attended an event sponsored by my U.S. Representative, Jim Moran (D-VA). I accepted an invitation I received from his email list to a community forum called "Principles & Priorities: How would you balance the budget?" I'm no dummy and I was...
by Richard Eskow | Jul 13, 2011 | Blog
Rupert Murdoch's got problems. His employees are being arrested, he's losing his latest acquisition, and he's just been called to testify before Parliament. But there's an easy way for Mr. Murdoch to protect himself from these inquiries and save his company at the...
by Dave Johnson | Jul 12, 2011 | Blog
I am in the UK this week. You can barely turn on the TV here without hearing about the “phone-hacking” scandal from outraged voices across the spectrum. It is a full-blown, 24/7 scandal. The thing that might be most astonishing to Americans, though, is that people are...
