by Roger Hickey | Sep 19, 2011 | Blog, Economy
The Wall Street Journal and other media are reporting definitively on the Obama deficit plan to be announced on Monday. The big news: the President will not propose raising the Medicare eligibility age. So the millions of older workers and unemployed people now...
by Dave Johnson | Sep 19, 2011 | Blog, Economy
Ten years ago the country was on track to pay off the entire national debt in ... ten years. But then... So President Bush left behind a $1.4 trillion budget deficit, and now under President Obama the same Republicans who created the deficits are all terribly,...
by Sam Pizzigati | Sep 17, 2011 | Blog
The Census won't count it. The IRS won't tax it, at anywhere near full freight. What is it? It's enough, all by itself, to keep grand fortunes constantly soaring. Can we start the century over? Economically, new Census Bureau income stats released last week suggest,...
by Sam Pizzigati | Sep 16, 2011 | Blog
Mainstream economists all around the world used to assume that equality acted as a drag on economic growth and development. Not anymore, as new International Monetary Fund analyses make quite clear. U.S. politicos, of course, have yet to catch up to the new global...