by Dean Baker | Dec 16, 2014 | Blog, Economy
With the holiday season upon us, the time for end of year lists is fast-approaching. To beat the rush, today I give my list of the top dead and enduring myths of 2014. The good news is that two myths that caused great confusion over the last several years are now...
by Leo Gerard | Dec 16, 2014 | Blog, Jobs and Growth, Trade
Under billions of tons of imports, the American dream is suffocating. The American people have lost faith. They know that bad trade has bled factories, middle class jobs and wage increases from the country. A report issued last week by the Economic Policy Institute...
by Robert Borosage | Dec 16, 2014 | Blog, Economy, Progressive Vision
The government didn’t shut down. Congress passed the massive – 1,603 page – spending bill, chock full of special interest giveaways, to keep the doors open. The Washington Post editorial page, the voice of the conservative establishment, acknowledges all the horrors –...
by Richard Eskow | Dec 16, 2014 | Blog, Financial Reform
[youtube http://www.youtube.com/watch?v=KytY-uXUnok] Sen. Bernie Sanders (audio) with Richard Eskow No sooner had the infamous “Citigroup amendment” been added to a vital spending measure than the warnings began. One of the first was from Rob Blackwell, writing in...
by Dave Johnson | Dec 15, 2014 | Blog, Democracy, Financial Reform
The budget bill called the "Cromnibus" (for Continuing Resolution and OMNIBUS budget bill) passed over the weekend. It included a provision undoing part of the Dodd-Frank Wall Street regulation bill, allowing banks to gamble on derivatives using money from...
by Sam Pizzigati | Dec 15, 2014 | Blog, Economy
How has the United States become so unequal? We need to look for answers, first and foremost, in our society’s underlying economic and political realities, at the policies and practices that let wealth concentrate — at the top — so intensely. But we also ought to look...
