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Search Results for: inflation
Letter to My Brother
By J. D. Alt My brother, Jeff, is a very smart guy who went to West Point, got a masters degree at Purdue, had a successful career as a business man and now, in his retirement, can sometimes beat his … Continue reading
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Deficit Hawks (Obama, Romney, Bowles, Boehner) Plan to Shrink YOUR Economy – Part 1
By Michael Hoexter Most of the US political class has been infected with the “mind virus” of austerity that suggests to them that either virtue or necessity consists of cutting government spending and government programs. Under the influence of this … Continue reading
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Former NY FED President McDonough is worried about your $4 million
By Lucy Komisar (This post is courtesy of thekomisarscoop.com) I was having lunch today at the Council on Foreign Relations before a meeting with one of the national leaders in town for the UN General Assembly. At my table was … Continue reading
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These Folks are Soooo Clever . . .
Last week, Reps. Michael Honda, Keith Ellison, Raul Grijalva, Jan Schakowsky, John Conyers, Barbara Lee and Lynn Woolsey stalwarts of the Congressional Progressive Caucus (CPC) begged for mercy from “the Gang of Eight” in a letter. Here’s what they said … Continue reading
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Romney: The Little People Don’t Pay Taxes
By L. Randall Wray & Pavlina R. Tcherneva (Cross posted at Huffington Post) Everyone recalls the quip by Leona Helmsley: “We don’t pay taxes. Only the little people pay taxes…”. By “we”, of course, she meant the likes of Mitt … Continue reading
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No, Barack, It Just Ain’t Gonna Happen!
By Joe Firestone Who else thinks the President’s speech didn’t include any plans to create the 29 million full-time jobs for the dis-employed? Please raise your hand! About jobs he said: ”We can help big factories and small businesses double … Continue reading
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New Sense—Common Sense
By J.D. ALT The principal dilemma of the progressive cause is that it has allowed a bedrock conservative premise to go so long unchallenged; indeed the progressives themselves have either overtly or implicitly agreed with the premise, making it virtually … Continue reading
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One Simple Measure That Would Save Social Security and More
By Joe Firestone (Cross posted at Correntewire.com) The Fiscal Times is a digital rag funded by Peter G. Peterson to propagandize the ideology of neoliberal austerity. Today, a Post by Josh Boak highlighted the proposal of “fixing” Social Security by … Continue reading
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Men on a Wall
By J.D. Alt I recently saw a newspaper photo of ten or twelve men sitting on a crumbling stone wall beside a dirt road. It was somewhere in Africa, but the location doesn’t matter. What matters is that the men, … Continue reading
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Part 1 – Is an Anti-Austerity Alliance of Left Neo-classicals and Post-Keynesians Possible? Is it Desirable?
By Michael Hoexter I drafted the “Mixed Economy Manifesto” as one attempt to create a common basis for anti-austerity economists and non-economists to argue against, in the clearest terms possible, the waves of government spending cutbacks that are advocated by misguided … Continue reading
