by Dean Baker | Dec 22, 2014 | Economy
The Congressional Budget Office (CBO) recently updated its analysis of changes in before-tax and after-tax family income. In some ways the new analysis showed a brighter picture for middle-income families than other work highlighting stagnation. Focusing on the middle...
by Dave Johnson | Dec 19, 2014 | Blog, Economy, Financial Reform
Another Citigroup alumni has been nominated to a key high-level position in the Obama administration. This time it's a lateral move: Marisa Lago, who has been serving in the Treasury Department as Assistant Secretary for International Markets and Development since...
by Dean Baker | Dec 16, 2014 | Blog, Economy
With the holiday season upon us, the time for end of year lists is fast-approaching. To beat the rush, today I give my list of the top dead and enduring myths of 2014. The good news is that two myths that caused great confusion over the last several years are now...
by Robert Borosage | Dec 16, 2014 | Blog, Economy, Progressive Vision
The government didn’t shut down. Congress passed the massive – 1,603 page – spending bill, chock full of special interest giveaways, to keep the doors open. The Washington Post editorial page, the voice of the conservative establishment, acknowledges all the horrors –...
by Sam Pizzigati | Dec 15, 2014 | Blog, Economy
How has the United States become so unequal? We need to look for answers, first and foremost, in our society’s underlying economic and political realities, at the policies and practices that let wealth concentrate — at the top — so intensely. But we also ought to look...
by Isaiah J. Poole | Dec 12, 2014 | Conservatism, Economy
With all of the justifiable anger directed at what's in the 2015 spending bill – the omnibus continuing resolution or "cromnibus" – that the House struggled to pass late Thursday, there is also a major story to be told about what's not in the bill. It's a story of...
