by Dave Johnson | May 11, 2011 | Blog
Digby writes, in The GOP Wish List, that Democrats are practically begging Republicans to make demands using the country's urgent need for a debt ceiling increase as a hostage, And why not? As long as the Democrats are pretending that they have to do whatever the...
by | May 10, 2011 | Blog, Economy
The Washington Post once again showed why it is known as "Fox on 15th Street," running an editorial with the subhead, "tackling the specter of structural unemployment," which essentially offers nothing to address the problem. The piece got off to a...
by Roger Hickey | May 10, 2011 | Blog
Out in America, unemployment is back up to 9 percent, but inside the Washington Beltway bubble the consensus, driven by conservatives, seems to be for austerity. An unholy alliance of pundits, politicians and even reporters— who differ only in degree—is insisting on...
by Robert Borosage | May 10, 2011 | Blog
"Give us trillions in cuts in Medicare and Medicaid or we blow up the economy." Stripped of its politician's gloss, this is the message that House Speaker John Boehner delivered to Wall Street Monday in discussing the price Republicans demand for raising the debt...
by Dave Johnson | May 10, 2011 | Blog
You can't open a newspaper or turn on a radio or TV without being told that the world is going to end because of the deficit. The deficit was caused by tax cuts for the rich, huge military spending increases, two wars and the costs of our health care system. So of...