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Supercommittee No Show on Jobs

What if the Congressional Progressive Caucus invited the supercommittee to an ad hoc hearing on job creation, and the supercommittee didn't show up? Yesterday, I found out. On Wednesday morning, the Congressional Progressive Caucus held a hearing on what ought to be...

After The Supercommittee Round Two

The supercommittee is down for the count, and everyone from the Tea Party to Occupy Wall Street, and even Grover Norquist is credited with throwing the knockout punch. It's tempting to do a victory dance, but we'd better make it a short one. Don't get me wrong. We've...

Giving Thanks for the Occupation Election Demonstrations

I want to thank you, thank you Thank you, thank you, Thank you, thank you, Thank you, thank you. ~ Natalie Merchant, “Kind and Generous” This week’s holiday mandates giving thanks. For many Americans, that is complicated by the harsh years since 2008. There’s the...

Reporting From The Edge Of Catastrophe

There's lot's of economic stuff this morning worth sharing. First, the view that austerity is bad for us is starting to make it beyond the pages of obscure blogs and Krugman's column. Here's one from a historian in Bloomberg News: ...“common sense” tells us that...

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