by Dave Johnson | Oct 11, 2010 | Blog
America used to have a top tax rate of around 90%. This meant that after a person earned a lot of money in a year, additional income beyond that amount was taxed at the higher rate. Back then government worked a lot better. We didn't have deficits, the schools and...
by Sam Pizzigati | Oct 10, 2010 | Blog, Economy
Over recent decades, recoveries from U.S. recessions have become steadily weaker and weaker. Over these same decades, executive pay has been steadily soaring. Could these two trends be somehow related? Shocking new economic realities don’t suddenly jump up onto...
by Leo Gerard | Oct 10, 2010 | Blog
Japan, no economic small fry, challenged China last month. The conclusion of the dispute is a cautionary tale for countries confronting China about currency manipulation. In September, Japan seized a Chinese trawler captain after his boat collided with two Japanese...
by Zach Carter | Oct 8, 2010 | Blog
Anybody looking for a primer explaining why the current foreclosure fraud issue is a major systemic risk for the financial system should check out Mike Konczal's new post for the Roosevelt Institute. I'm going to try and simplify it even further here, and present the...
by Dave Johnson | Oct 8, 2010 | Blog, Economy
The September jobs report is out and conservatives got exactly what they wanted: less government, less stimulus, less aid to states, less help for small businesses, less infrastructure investment, less help for the unemployed and ... a bad jobs report. Conservatives...
