Posts Tagged ‘deficit’
How to (Really) End This Depression: a Response to Paul Krugman
In the May 24 New York Review of Books, Paul Krugman writes, “The truth is that recovery would be almost ridiculously easy to achieve; all we need is to reverse the austerity policies of the past couple of years and temporarily boost spending.” He continues, “… The strong measures that would all go a long ...Read more.
Debt Ceiling, Prisoners, Norway, etc.
(1) Fortress Europe and Europeans Against Multiculturalism: A couple of links relevant to the atrocious attack last Friday in Norway, which is clearly the tip of an iceberg: The first, Fortress Europe: A Deadly Exodus, documents the more than 14,000 refugees who have died trying to enter Europe since 1988. There’s an interactive map listing ...Read more.
Murdoch, Gang of Six, etc.
(1) Laffer’s Latest Curve-ball: Subscriber Kris W. alerted us that the dumb op-ed Arthur Laffer co-wrote for the WSJ a while back, which John Miller critiques in his July/August Up Against the Wall Street Journal column, is posted all over the web on anti-union websites and elsewhere. In connection with the NLRB’s recent decision against ...Read more.
Record Profits; Wikileaks and Bank of America; etc.
(1) Record Profits in 3rd Quarter: In case you missed it last week while making pumpkin pie, U.S. companies just had their best quarter on record. From the New York Times: American businesses earned profits at an annual rate of $1.659 trillion in the third quarter, according to a Commerce Department report released Tuesday. That ...Read more.
Cat-Food Commission, Deficits, etc.
(1) The Cat-Food Commission–Oops!–I Mean the Deficit Commission: Two new articles posted to the D&S website just now: Deficits: Real Issue, Phony Debates, by Rick Wolff (from the Nov/Dec issue), and The Deficit Commission and Redistribution, by Darwin BondGraham (web-only). Check them out! Joshua Holland also has a great article on deficits over at Alternet: Why ...Read more.
Arizona Injunction; Baker on CBO and SS
(1) Possibly Irrelevant Image for today: (2) Judge Blocks Az. Law S.B. 1070. Breaking news–U.S. District Court Judge Susan Bolton blocked key parts of Arizona’s restrictive and invasive immigration law, which was to go into effect in a couple of days. Here’s what the New York Times has to say: In a ruling on a ...Read more.
G20, Deficits, etc.
A few items about the G20 meetings have been languishing on my desk (or rather as tabs in my browser). It is time to liberate them (and my browser) by turning them into a blog post. But first: on deficits, etc.: On deficits: Our intern Julie Herlihy put together a deficit page for the D&S ...Read more.
