by Richard Eskow | May 10, 2010 | Blog
There are basically two dimensions to the financial crisis. One is the way finance has evolved into a gambling operation that's fundamentally risky and fails to contribute to the real economy. The other is plain, old-fashioned greed - the kind that exploits the weak...
by Dave Johnson | May 10, 2010 | Blog
Have you noticed that there is a very odd logic around the DC Beltway deficit-cutting frenzy? Here is the basic argument: A) Things worked great back when taxes on the rich were high. We built up the infrastructure that made us prosperous, and we built up a middle...
by Alex Lawson | May 10, 2010 | Blog
Although best known as a retirement program, Social Security can provide substantial income to children and their families. Children receive Social Security benefits either directly or indirectly when a working parent dies, becomes disabled, or reaches retirement age....
by Roger Hickey | May 9, 2010 | Blog
Anne Kim and Jonathan Cowan of Third Way took to the Politico Arena op ed page (and url) on Thursday with the hoary slander that progressives care only about "expanding the entitlement state" and have no interest in economic growth or expanding wealth. Apparently...
by Dave Johnson | May 7, 2010 | Blog, Making it in America
Is China's industrial policy a "bigger" concern than their currency manipulation? That depends on what you think the meaning of "is" is. But China's currency manipulation and trade barriers are against trade rules, while having an industrial policy is just smart. A...
by Richard Eskow | May 7, 2010 | Blog
The country needs meaningful financial reform a lot more than it needs more political analysis. Yesterday, however, the two became even more intertwined than usual. By compromising on good policy on Thursday, it looks like Democrats have outsmarted themselves...