by Isaiah J. Poole | Nov 14, 2012 | Blog, Economy
The fight to head off a so-called "grand bargain" that would end up being a grand swindle of economic recovery and opportunity for working-class Americans gets kicked up another notch today when a group of 350 prominent economists and experts release a statement...
by Richard Eskow | Nov 13, 2012 | Blog, Economy
Media Matters Radio posted a clip of the interview I did with them the other day, using the above quote as a header. Since that was the point I was making, I'll use it too. The clip is here and runs about three and a half minutes.
by Roger Hickey | Nov 9, 2012 | Blog, Economy
In addressing the deficit today, President Obama opened his remarks with the crucial truth: “at a time when our economy’s still recovering from the great recession, our top priority has to be jobs and growth. That’s the focus of the plan that I talked about during the...
by Robert Borosage | Nov 8, 2012 | Blog, Economy
Washington is headed immediately into the fiscal showdown, with fierce pressure to use the arbitrary year-end deadline for the termination of various tax cuts and the automatic cut or sequester of some 9 percent of discretionary spending to force a grand bargain. Here...
by Terrance Heath | Oct 25, 2012 | Blog, Economy
Having entered the "closing argument" phase of the campaign, President Obama has pivoted to jobs. But as Bill Scher noted, the president's newly published jobs plan is cribbed from from policies that he's already proposed. President Obama has always enjoyed the...
by Dave Johnson | Oct 23, 2012 | Blog, Economy
The middle class is disappearing. Our economy is "hollowing out" because the money goes to the top and the people fall to the bottom. This is because we allow American companies to close factories here and open them there, shipping the same goods back here to sell in...