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...
by Terrance Heath | Aug 11, 2010 | Blog
Part I of III When caught at something, it's best to come clean. I was recently caught by the Crow, who — in a response to my earlier post about power outages and our politics of powerlessness — saw and asked outright the obvious question I've been hinting...
by Robert Borosage | Aug 11, 2010 | Blog, Economy, Making it in America
The following was originally published by Politico. These days, Republicans can’t suppress the gloat. The “Party of No,” leading in most polls, is said to be on the verge of taking the House and possibly the Senate in November. The irrepressible Rep. Paul Ryan...
by Bill Scher | Aug 11, 2010 | Blog
Dave Johnson asks the question: "Is It A Social Security OR A Deficit Commission?" And he answers: "Social. Security. Does. Not. Contribute. To. The. Deficit." One person that would appear to agree is the White House's deficit commission executive director Bruce Reed....
by Dave Johnson | Aug 10, 2010 | Blog
Ever since President Obama set up the Deficit Commission all the talk has been about Social Security? Why? Social Security is separate from the rest of the US budget, is separately funded, has a huge trust fund and, most important: Social. Security. Does. Not....
