by Richard Eskow | Nov 12, 2010 | Blog
The following was co-written with Roger Hickey. Wednesday, the Presidential Deficit Commission's co-chairs released a radically right-wing budget proposal. They acted without any prior announcement, just three weeks before the entire Commission was scheduled to...
by Mary Bottari | Nov 12, 2010 | Blog
Watch out, they’re coming. After an election cycle in which Republicans worked themselves into a lather in an attempt to convince voters that the deficit was the source of all their economic woes, the political elites and their Bankster backers are coming for...
by Richard Eskow | Nov 12, 2010 | Blog
Heard any good jokes lately? This headline was making the Internet rounds yesterday: "Sen. Conrad: Extend All Tax Cuts; Time to Get 'Serious' About Deficit." It's easy to see the humor in that. It's almost like saying you're serious about saving money but don't want...
by Dave Johnson | Nov 11, 2010 | Blog, Economy, Reagan Revolution
The recession ended in June, 2009? What? Seriously? No one told the millions of unemployed. And last week we got more bad news: 44 million of us living in poverty, and that was last year, before unemployment and COBRA subsidies started running out for the unemployed,...
by Dave Johnson | Nov 11, 2010 | Blog, Economy, Minimum Wage, Reagan Revolution
To lift the economy, we have to lift wages. Increased wages will restore demand. The changes that will increase wages will help restore democracy. The social contract used to be that citizens in our democracy share the benefits of our economy through increased wages...
