by Dave Johnson | May 6, 2011 | Blog
China's Vice Finance Minister lectured US administration officials about our debt and told us to mind our own business when it comes to China's currency manipulation. It is about time the United States started minding our own business by taking steps to protect our...
by Bill Scher | May 6, 2011 | Blog
According to the Republican-led House, American energy independence involves Americans producing energy. But not Americans keeping our own energy. Yesterday, the House passed a bill to expand coastal drilling in the Gulf of Mexico and eastern seaboard without careful...
by Isaiah J. Poole | May 6, 2011 | Blog, Economy
It is amazing, given that we've been fighting a three-alarm unemployment fire with water buckets the past few months, that there is any positive news at all in the unemployment front. But there was a surprising net increase in 244,000 new jobs in April—a sliver of...
by Richard Eskow | May 6, 2011 | Blog
"If I had a world of my own," said Alice, "everything would be nonsense. Nothing would be what it is because everything would be what it isn't." The rabbit hole's got nothing on this place."Let's save Social Security from a 25% cut in 27 years," they told Alice, "by...
by Dave Johnson | May 5, 2011 | Blog
Since China’s admission into the World Trade Organization we have been packing up our factories and sending them over there. We have been buying so many things made in China, but they have not been buying very many things made here, and the resulting “trade deficit”...