by Dave Johnson | Dec 3, 2010 | Blog
The National Commission on Fiscal Responsibility and Reform (“Deficit Commission”) was charged with coming up with a plan to reduce the budget deficits and accumulated debt caused by tax cuts for the rich and military spending increases. It was supposed to come up...
by Zach Carter | Dec 3, 2010 | Blog
The data from the Federal Reserve audit is full of frightening revelations about U.S. economic policy and those who implement it. When Wall Street went off the rails in the fall of 2008, policymakers told the public we had a certain kind of problem, knowing all along...
by Richard Eskow | Dec 2, 2010 | Blog
Tomorrow the Deficit Commission votes on its draft proposal. That proposal will not "pass," according to the charter that created the Commission. But if it gets enough yes votes, it's likely to trigger a chain of events that will cost the President and his party...
by Terrance Heath | Dec 2, 2010 | Blog
Let's face it. Nothing about the economic crisis is funny. Nothing about America's 9% unemployment rate, 14.8 million unemployed, or 6.2 million long-term employed is funny. And there's nothing mildly amusing about the 2 million Americans whose unemployment benefits...
by Robert Borosage | Dec 2, 2010 | Blog
The following was originally published at Politico. "The era of deficit denial is over," crowed former Sen. Alan Simpson, the garrulous co-chair of President Barack Obama's deficit reduction commission. But the debate about what is to be done has just begun....
