by Bill Scher | Oct 5, 2009 | Blog
Over at The Wonk Room, Igor Volsky, after recalling how conservatives successfully killed health care reform on the Senate floor in 1994, makes the counter-intuitive argument that the public option stands of better chance of passing if Sen. Majority Leader Harry Reid...
by Dave Johnson | Oct 5, 2009 | Blog, Economy
Friday’s jobs report said 263,000 jobs were lost in September. BUT that is after 571,000 people gave up actively looking for work. The number of jobs lost last month was 263,000 plus 571,000 = 834,000. The "stimulus plan" is currently creating (and/or saving) between...
by Isaiah J. Poole | Oct 5, 2009 | Blog
For a stunning look at the heart of the dysfunction of our Wall Street-centric economy, consider today's article in The New York Times on the impending Chapter 11 bankruptcy of the Simmons mattress company. Simmons, as the article explains, is not bankrupt because it...
by Sam Pizzigati | Oct 4, 2009 | Blog
An average American family would have to work thousands of years to amass a billion-dollar fortune. America's super rich, the new data on our richest 400 make clear, can lose a billion and barely notice. Tsunamis, we learned this past week, amount to equal-opportunity...
by Terrance Heath | Oct 2, 2009 | Blog
If I were to summarize message Michael Moore's new movie, Capitalism: A Love Story in one sentence, it would be this: Capitalism is not a form of government. That's the answer to the question posed at the beginning of the movie, via 1950s educational/propaganda films....
by Isaiah J. Poole | Oct 2, 2009 | Blog, Economy, Making it in America
Taken out of context, this argument sounds almost like a right-wing or corporatist knock against the climate change bill that's pending in the Senate: The bill that was introduced this week by Sens. John Kerry and Barbara Boxer could put at risk 4 million American...
