by Isaiah J. Poole | Oct 20, 2014 | Economy
We know how bad income inequality has gotten in the past few years in America, thanks largely to the work of economist Emmanuel Saez and his colleagues at University of California at Berkeley's Center for Equitable Growth. But Saez's latest paper finds that the share...
by Dave Johnson | Oct 20, 2014 | Blog, Economy
The economy is at stake in this election. If Republicans take the Senate, they promise to impose severe austerity -- even as austerity is proven to kill economies. Europe's economy is suffering because of its harsh austerity, and our economic recovery has been...
by Dean Baker | Oct 14, 2014 | Blog, Economy, Trans-Pacific Partnership
Most economists recognize that the economy is still suffering from excessive unemployment. In fact, many acknowledge that excess unemployment has been a problem for some time. Even Lawrence Summers, who was treasury secretary under President Bill Clinton and head of...
by Dave Johnson | Oct 14, 2014 | Blog, Conservatism, Economy
Cutting federal spending doesn't "save money" – certainly not the way conservatives in Congress and in the states have been doing it. If you cut the Internal Revenue Service budget, that obviously increases the deficit because it lowers the government's ability to...
by Jim Hightower | Oct 2, 2014 | Economy
We know from the childhood song that Old MacDonald had a farm. But e-i-e-i-o — look who’s got his farm now. It’s outfits like American Farmland, Farmland Partners, and BlackRock. These aren’t dirt farmers wearing overalls and muddy boots. They’re Wall Street hucksters...
by Dave Johnson | Oct 1, 2014 | Blog, Economy, Tax Reform
Washington elites are "optimistic" about another "reform." That's never good. According to an article in The Hill this week, "WH adviser 'optimistic' for corporate tax reform": A top economic official in the White House on Tuesday expressed confidence that the next...
