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Tag: Economy


Gage Skidmore (CC-BY-SA)

How a Couple of Austrians Messed Up Washington

One of my favorite moments during the 2012 Republican presidential contest came when Ron Paul, fresh from his strong showing in Iowa, triumphantly told his supporters: “We’re all Austrians now!”

Posted on Feb 12, 2014 READ MORE


Unemployment Coverage

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Posted on Feb 12, 2014 READ MORE



Robert Gourley (CC BY-NC 2.0)

Why the Three Biggest Economic Lessons Were Forgotten

Why has America forgotten the three most important economic lessons we learned in the 30 years after World War II?

Posted on Feb 12, 2014 READ MORE



pacogaitero (CC BY-NC-SA 2.0)

Why the Lousy Jobs Report Boosted Wall Street

How can bad news on Main Street (only 113,000 jobs were created in January, on top of a meager 74,000 in December) cause good news on Wall Street?

Posted on Feb 10, 2014 READ MORE



Dems Offer Family-Friendly Take on Obamacare-Work Link

So, we’ve heard the GOP’s spin on the possible dip in work hours that could result, according to a recent report from the Congressional Budget Office, from the Affordable Care Act and the options it offers Americans in the health insurance marketplace.

Posted on Feb 9, 2014 READ MORE



Switzerland Votes to Narrow Immigration Pipeline From EU Countries

That old saw about Swiss independence could in part explain Switzerland’s vote, held Sunday, in favor of tightening restrictions on immigration into the country from European Union member nations.

Posted on Feb 9, 2014 READ MORE


The War on the Poor and Middle-Class Families

By Robert Reich

Most Americans are on a downward escalator.

Posted on Feb 8, 2014 READ MORE



Shutterstock

What Republicans Hope You Don’t Know and Never Find Out

Listening to Republicans in Congress wailing incessantly about our spendthrift culture raises a nagging question: What would they do, besides talking, if they actually wanted to reduce federal deficits and, eventually, the national debt?

Posted on Feb 7, 2014 READ MORE



Shutterstock

Congress Suffers From Selective Deficit Disorder

The same farm bill that cuts food stamps by $8 billion could increase subsidies to wealthy farmers and agribusinesses by $15 billion.

Posted on Feb 7, 2014 READ MORE



Obama Killed the American Dream

Here’s your shining city on the hill in a nutshell: a privately owned gulag where petty drug offenders are locked up for life so some chiseling hedge fund manager can report record profits to his shareholders.

Posted on Feb 7, 2014 READ MORE



marsmet531 (CC BY-NC-SA 2.0)

Why Widening Inequality Is Hobbling Equal Opportunity

Is it to be inequality or equal opportunity?

Posted on Feb 6, 2014 READ MORE



Shutterstock

Must the Obamacare Debate Be Stupid?

By broadening access to health insurance, the Affordable Care Act ends the tyranny of “job lock,” which is what the much-misrepresented Congressional Budget Office study of the law released on Tuesday shows.

Posted on Feb 5, 2014 READ MORE



Thatcher Cook/PopTech (CC-BY-SA)

Former Regulator Sheila Bair Works for a Bank Now, but It’s Not What You Think

As head of the FDIC, Sheila Bair was one of the best known critics of banks. Now she works for one. So when is a revolving door not a revolving door?

Posted on Feb 5, 2014 READ MORE



Fourth Banker Dies of Apparent Suicide in a Week

Russell Investments chief economist Mike Dueker’s apparent suicide death, discovered Thursday after the 50-year-old former St. Louis Federal Reserve officer had been reported missing from his home in Tacoma, Washington, became the fourth such loss in the financial community in the span of a week.

Posted on Feb 5, 2014 READ MORE


Argentina’s Peso Devalued

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Posted on Feb 4, 2014 READ MORE



AP Photo/Gregory Bull

John Elway Is an Anti-Subsidy Hypocrite

Not to beat up on the Denver Broncos after Sunday’s rout in New York, but one of the team’s heroes and top executives really needs to check himself.

Posted on Feb 3, 2014 READ MORE



Shutterstock

Don’t Pity the Billionaire

The rich have never been richer and the poor keep getting poorer. And if you think there’s a problem with that, you’re a Nazi. At least according to the poor, put-upon oligarchs.

Posted on Jan 31, 2014 READ MORE


College Athletes Hope to Find Power in a Union

This week on Truthdig Radio in association with KPFK: Student athletes want more than scholarships for their billion dollar labor, Dr. Jill Stein and Aura Bogado respond to the State of the Union, why the Costco model beats the Walmart model, and arguably the most powerful progressive in the House retires.

Posted on Jan 30, 2014 READ MORE


College Athletes Look for Power in a Union

This week on Truthdig Radio in association with KPFK: Student athletes want more than scholarships for their billion dollar labor, Dr. Jill Stein and Aura Bogado respond to the State of the Union, why the Costco model beats the Walmart model, and arguably the most powerful progressive in the House retires.

Posted on Jan 30, 2014 READ MORE


Pitchforks

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Posted on Jan 30, 2014 READ MORE



Justin Sloan (CC BY-NC-ND 2.0)

Obama as Unreliable Narrator on Climate Action: From SOTU to NSA Spying at Copenhagen

When President Obama looked us in the eye and said that the U.S. is not engaged in electronic surveillance for economic reasons, he was lying through his teeth.

Posted on Jan 30, 2014 READ MORE



Spying Scandal Taints Obama’s Rosy SOTU Story – and His Legacy

Edward Snowden was not one of the honored guests at the State of the Union speech Tuesday night. But the whistle-blower’s presence was felt, at least to a small degree.

Posted on Jan 28, 2014 READ MORE



Obama’s State of the Union 2014 Speech: Full Text

President Obama played on themes of harmony and unity for the nation, while issuing warning notes to his congressional combatants and (gesturing at) reprimanding Wall Street’s high-rollers, in his sixth State of the Union address Tuesday night.

Posted on Jan 28, 2014 READ MORE



Congress Converges on $800 Million Cuts to Annual Food Stamp Funding

Warring factions in the House and Senate have reached an agreement about how much money to funnel into the federal food stamp program, and the news isn’t good for Americans relying on government assistance to stay fed.

Posted on Jan 28, 2014 READ MORE



White House/Chuck Kennedy

The President and the Post-Obama Era

President Obama’s State of the Union address on Tuesday is about more than the final three years of his presidency. Its purpose should be to influence the next decade of American political life and begin shaping the post-Obama era.

Posted on Jan 27, 2014 READ MORE


State of the Union

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Posted on Jan 27, 2014 READ MORE



Freedom House

People Are Less Free for the 8th Straight Year, Report Finds

Freedom House has released its annual report on authoritarianism and found that people around the world are less free than they were a year ago.

Posted on Jan 24, 2014 READ MORE



Shutterstock

The Economic Case for Paid Leave Laws

For all the pro-family rhetoric that dominates America’s political discourse, U.S. law remains decidedly anti-family.

Posted on Jan 24, 2014 READ MORE



Ollie Atkins, White House photographer [Public domain], via Wikimedia Commons

To Roger Stone, Bridgegate ‘Cover-Up’ Is Another Watergate—and He Would Know

Very few Republican operatives knew the Nixon gang as intimately as Roger Stone, the legendary trickster whose back is adorned with an enormous Tricky Dick tattoo.

Posted on Jan 24, 2014 READ MORE



David Brooks’ Utter Ignorance About Inequality

Occasionally David Brooks, who personifies the oxymoron “conservative thinker” better than anyone I know, displays such profound ignorance that a rejoinder is necessary lest his illogic permanently pollute public debate.

Posted on Jan 20, 2014 READ MORE



Shutterstock

Three Reasons the TPP Is Bad for the Environment

The Sierra Club, the Natural Resources Defense Council and the World Wildlife Fund have examined the Trans-Pacific Partnership trade agreement leaked by WikiLeaks and determined that the draft could have some devastating environmental consequences.

Posted on Jan 15, 2014 READ MORE


Watch China’s 1,000 High-Speed Trains in Action

China continues to invest billions in its transportation infrastructure, making it possible for people to travel around the country at unprecedented speeds.

Posted on Jan 15, 2014 READ MORE



AP/Jacquelyn Martin

Beyond the Dreamer

In the last year of his life, Martin Luther King Jr. struggled with what are best understood as existential challenges as he began to move toward an ever-more-profound and radical understanding of what would be required to deal with the nation’s domestic and international problems.

Posted on Jan 15, 2014 READ MORE


There’s Not Enough Money

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Posted on Jan 13, 2014 READ MORE


Charity

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Posted on Jan 13, 2014 READ MORE


ObamaScare

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Posted on Jan 12, 2014 READ MORE


Republican Cones

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Posted on Jan 11, 2014 READ MORE



Shutterstock

Fighting Poverty the Republican Way, With Fresh (and Not-So-Fresh) Ideas

Listening to Republican politicians these days as they talk (and talk and talk) about poverty and inequality can be a poignant experience.

Posted on Jan 10, 2014 READ MORE


Wall St.

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Posted on Jan 9, 2014 READ MORE


Corruption

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Posted on Jan 8, 2014 READ MORE



azza-bazoo (CC BY-SA 2.0)

You’ve Heard of BRIC, but What About MINT?

A new acronym has arisen in the world of economics for up-and-coming countries: MINT. Can you guess what each letter stands for?

Posted on Jan 7, 2014 READ MORE



AP/Manuel Diaz

Dominican Republic Makes Racism the Law

The country has proclaimed that any Dominicans who descend from undocumented Haitians going back as far as 1929 are to be stripped of their citizenship.

Posted on Jan 6, 2014 READ MORE



White House/Paul Morse

On Unemployment, Today’s Congress Is Meaner Than George W. Bush

Why are we arguing about issues that were settled decades ago? Why, for example, is it so hard to extend unemployment insurance at a time when the jobless rate nationally is still at 7 percent, and higher than that in 21 states?

Posted on Jan 6, 2014 READ MORE


Bankers Brought to Justice

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Posted on Jan 6, 2014 READ MORE


Payday Lenders’ Protection

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Posted on Jan 5, 2014 READ MORE


Bill de Blasio and Mike Bloomberg

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Posted on Jan 5, 2014 READ MORE


Financial Help or Bombardment ?

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Posted on Jan 5, 2014 READ MORE



Prison (CC BY-NC-SA 2.0)

Louisiana’s Incarceration Is a Private Business

Louisiana has assailed its residents to a level unequal to any other state, entering the new year with another signature No. 1 ranking in lockups. It has created a system more efficient and despondent than state run prisons or regular privatization. The costs are low, profits high and human life is a commodity that allows the market to keep growing.

Posted on Jan 4, 2014 READ MORE



jongjet303 / Shutterstock.com

The Year of the Low-Wage Worker

In 2014, legislation and labor actions could narrow the gap between the rich and the poor.

Posted on Jan 3, 2014 READ MORE


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