Archive for January, 2008
Accountability for the Crisis
This posting is by Arjun Jayadev, who teaches economics at UMass Boston and is a member of the D&S collective. The financial meltdown arising from the sub-prime mortgage crisis and the weakening dollar has affected everyone negatively and the outlook for all is grim. Or so at least the conventional story goes. ‘Everyone’ does not ...Read more.
The Heritage Foundation Still Won't Set You Free
We just received our free review copy of the 2008 Index of Economic Freedom, the annual ode to meaningless statistics and ideological blather put out by the Heritage Foundation and the Wall Street Journal. We were very fortunate that we didn’t have to spend $24.95 to purchase the report, although the shopping cart on the ...Read more.
Deliver Us from Davos
The Dull Compulsion of the Economic: the 12th in a series of blog postings by D&S collective member Larry Peterson After a week of financial turmoil unlike any seen since September 11th, 2001, or, arguably, even before that, it behooves us here at D&S to take a stab at figuring out where the hell we ...Read more.
D&S editor on the air
Amy Gluckman, co-editor of Dollars & Sense, will be one of the featured guests on Your Call, a daily, live talk program on KALW-FM in San Francisco. Amy will be part of the weekly Media Roundtable, to talk about what’s left out of the mainstream media’s economic coverage. If you’re in the Bay Area, be ...Read more.
Economic Stimulus Essentials
More from the Economic Policy Institute: Since last summer, the Economic Policy Institute has warned that the economy could go into a recession and called for consideration of an economic stimulus package. This week, President Bush has delivered a major economic address, Congressional Democrats have announced they will take action on an economic stimulus package, ...Read more.
AFL-CIO Proposes 5-Point Economic Stimulus Plan
From the AFL-CIO Blog: Unemployment is climbing. The stock market is dropping. The housing boom is bust. Corporate earnings are tanking. The nation’s economy is in the worst shape it’s been in years. Maybe even headed toward recession. Working families are worried. Today, the AFL-CIO outlined several proposals todevelop a short-term stimulus package that ‘offers ...Read more.
Bush tax rebate: not effective, not fair
This from the Economic Policy Institute: With an economic slowdown looming, the Bush administration has proposed a $100 billion tax rebate as part of an overall stimulus package for the slowing U.S. economy. But 70% of the rebate would go to the top 40% of earners and would exclude most low-income families, who are most ...Read more.
