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...
by Dave Johnson | May 9, 2011 | Blog
Today the US-China Strategic and Economic Dialogue begins in Washington. This is the third such meeting, and it's time for the Obama administration to get it right. China has not been engaging in "trade" with us, they have been engaging in something else entirely. The...
by Bill Scher | May 9, 2011 | Blog, Minimum Wage
Former Godfather's Pizza CEO Herman Cain became the surprise winner of the first Republican presidential primary debate, after a focus group organized by Fox News overwhelming embraced him. What he did say that was so compelling to conservatives? Cain received the...