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...
by Richard Eskow | Sep 16, 2011 | Blog
Yesterday some prominent people signed a letter urging the so-called "Super Committee" to "go big" on cuts to the Federal budget. Many of these people would describe themselves as "moderate" and "centrist." Some would call themselves liberal. I've met a few of them...
by Dave Johnson | Sep 16, 2011 | Blog, Economy
As President Obama prepares to give a major speech on jobs before a joint session of Congress, what does the public think the country should do? The public wants jobs created to fix our crumbling infrastructure, paid for by tax increases on Wall Street and the...