By Paul Krugman – New York Times.
These are interesting times — and I mean that in the worst way. Right now we’re looking at not one but two looming crises, either of which could produce a global disaster. In … Read more »
By NICHOLAS D. KRISTOF – New York Times.
The first few times I heard House Republicans talk about our budget mess, I worried that they had plunged off the deep end. But as I kept on listening, a buzzer went … Read more »
This article of interest is best viewed externally:
http://www.alternet.org/newsandviews/article/635585/29_companies_had_more_cash_than_the_u.s._treasury_as_of_july_13/#paragraph2… Read more »
This article of interest is best viewed externally:
http://thinkprogress.org/progress-report/the-gops-new-old-plan-to-destroy-medicare-social-security/?post_type=progress-report… Read more »
By PAUL KRUGMAN – New York Times.
Ever since the current economic crisis began, it has seemed that five words sum up the central principle of United States financial policy: go easy on the bankers.
This principle was on display … Read more »
New York Times – Opinion Pages.
There is a huge gap in logic at the heart of the Republican intransigence on a debt-ceiling deal, and President Obama helped to illuminate it on Monday.
The party claims, as an article of … Read more »
By Robert Borosage – OutFuture.org
Conservatives say they are prepared to blow up the economy by not lifting the debt limit if that is what it takes to avoid raising taxes on the rich – even to avoid closing loopholes … Read more »
by Michael Tomasky — TheDailyBeast.com
Republicans portray themselves as champions of fiscal responsibility. But as Michael Tomasky argues, they need the debt to push through their radical and unpopular agenda.
Now Minnesota joins the list of states being gutted by … Read more »
The deadline to raise the debt ceiling is fast approaching. Come Aug. 2, the U.S. economy could face drastic budget cuts, a 2.3 percent drop in GDP, a disruption of Social Security, Medicare, and military payments, a “double-dip contraction” in … Read more »
By PAUL KRUGMAN – New York Times.
If you were shocked by Friday’s job report, if you thought we were doing well and were taken aback by the bad news, you haven’t been paying attention. The fact is, the United … Read more »
