by Richard Eskow | Mar 18, 2010 | Blog
The CBO now says health reform will cut the Federal deficit by $138 billion That's a win for the bill's backers, and should make it tougher for self-described 'fiscal conservatives' in the Democratic Party to vote against this bill. (No, let's re-frame that as a...
by Dave Johnson | Mar 18, 2010 | Blog
China's currency manipulation is a worldwide problem, not just a job-killer here. U.S. Ambassador Calls China’s Currency Stance ‘a Real Concern’, In a speech to students at Beijing’s Tsinghua University, the ambassador, Jon Huntsman, said that economic problems in the...
by Richard Eskow | Mar 17, 2010 | Blog
When President Obama asked a group of senior executives for suggestions on streamlining government, it's unlikely that any of them suggested layers of new bureaucracy, vague marching orders, or management by committee. Yet Sen. Dodd's 'compromise' financial reform...
by Dave Johnson | Mar 17, 2010 | Blog, Making it in America
The Chinese currency manipulation issue continues to make news. Economist Paul Krugman lays out the stakes, China is in effect imposing an anti-stimulus of that magnitude — which plausibly means 1.5 percent of GDP. This is not a small issue. Senators Schumer, Graham...
by Terrance Heath | Mar 17, 2010 | Blog
If you believe the buzz in Washington, this week could very well be "make or break" for getting
by Isaiah J. Poole | Mar 17, 2010 | Blog, Economy
The nation is facing a jobs crisis, but “crisis” doesn’t begin to tell the story in the African-American community. “Five-alarm emergency” comes closer. A report by the Joint Economic Committee released today underscores the severity of African-American unemployment...