by Bill Scher | Aug 13, 2013 | Blog
Two weeks ago, I noted that the collapse of the House transportation and housing appropriations bill shattered Republican leverage for upcoming budget talks. As both moderate and conservative Republican factions ran in opposite directions when faced with voting for...
by Leo Gerard | Aug 13, 2013 | Blog
Last month, McDonald’s gave its workers a little gift – a budget purporting to show how to survive on the starvation wages the burger behemoth pays. The bizarre financial plan made millionaire McDonald’s CEO Don Thompson look like a real clown. Wearing oversized...
by Dave Johnson | Aug 13, 2013 | Blog
Jobs. Jobs, jobs, jobs, jobs, jobs. Please. Just fix the country's crumbling infrastructure, and there's millions of jobs right there. JOBS! This is work that has to be done anyway, we are behind on it, and people need the jobs. Bridges are falling down. Literally...
by Terrance Heath | Aug 12, 2013 | Blog
After writing about the tragedy of Greek austerity for more than a year, I've love to (finally) have some good news to share. But when it comes to austerity, the news is never good. In Greece, the news is bad and getting worse. The latest news is that Greece's economy...
by Sam Pizzigati | Aug 12, 2013 | Blog
A rather ruthless billionaire has grabbed one of the world's great newspapers. But you don't have to be a high-tech plutocrat, the paper's previous regime has demonstrated, to help make our world more unequal. Jeff Bezos, the bezillionaire Amazon CEO, has bought the...
by Dean Baker | Aug 12, 2013 | Blog
Glenn Hubbard, along with Tim Kane, had a column in the NYT today decrying the budget deficit. The column begins by repeating the warnings of that well known economic expert, Admiral Mike Mullen, that the debt is the “single biggest threat to our national...
