Who’s an economy for? Voters in France and Greece have made it clear it’s not for the bond traders. Referring to his own electoral woes, Prime Minister David Cameron wrote Monday in an article in the conservative Daily Telegraph: “When people think about the economy they don’t see it through the dry numbers of the … Continue reading »
budget deficit
America’s jobs deficit, and why it’s still more important than the budget deficit
The most significant aspect of January’s jobs report is political. The fact that America’s labor market continues to improve is good news for the White House. But as a practical matter the improvement is less significant for the American work force. President Obama’s only chance for rebutting Republican claims that he’s responsible for a bad … Continue reading »
The seven biggest economic lies
The President’s Jobs Bill doesn’t have a chance in Congress — and the Occupiers on Wall Street and elsewhere can’t become a national movement for a more equitable society – unless more Americans know the truth about the economy. Here’s a short (2 minute 30 second) effort to rebut the seven biggest whoppers now being … Continue reading »
President Obama’s real proposal (and why it’s risky)
Paul Ryan says his budget plan will cut $4.4 trillion over ten years. The President says his new plan will cut $4 trillion over twelve years. Let’s get real. Ten or twelve-year budgets are baloney. It’s hard enough to forecast budgets a year or two into the future. Between now and 2022 or 2024 the … Continue reading »