by Dave Johnson | Aug 12, 2010 | Blog
The DC-elite think that "the responsible thing to do" is to cut Social Security benefits. The public who they are supposed to represent overwhelmingly thinks that Social Security is one of the few remaining lifelines and must not be cut. The public strongly favors...
by Dave Johnson | Aug 12, 2010 | Blog
After all the noise and fluff about China letting its currency float, and the Obama administration deciding not to declare China a currency manipulator, is turning out to be just noise and fluff. And our trade deficit just grows, outsourcing our jobs and our economic...
by Robert Borosage | Aug 12, 2010 | Blog
"I still believe that this will be largely a referendum on the administration's policies," said Senator John Cornyn of Texas, chairman of the National Republican Senatorial Committee, explaining why the primary successes of wingnut tea-party conservatives may not hurt...
by Richard Eskow | Aug 11, 2010 | Blog
There's a great deal of alarmist talk these days about the fact that Social Security won't be adding to its surplus this year. Instead it will call in some interest payments (and possibly other monies, too) on the money Uncle Sam borrowed from its fund. (When a rich...
by Dave Johnson | Aug 11, 2010 | Blog, Economy, Making it in America, Minimum Wage
In the news today, a familiar story: imports increased, exports declined. About $50 billion in one month alone. The trade gap isn't just costing jobs, it's a significant factor in the slow recovery as well. See below. In 2005, when we were halfway down to where we...
by Zach Carter | Aug 11, 2010 | Blog
Robert Rubin and Joseph Stiglitz are going public on jobs and the deficit, in what looks very much like a re-run of a major policy debate during the Clinton era. The dispute is simple—should the government focus on putting people back to work, or should it try to cut...
