iOS app Android app

Entries by Robert Kuttner from 04/2012

Recipe for a Double-Dip Recession

| Posted 04.01.2012 | Politics

With the economy just barely on a path to durable recovery, some very dumb fiscal chickens are coming home to roost on January 1 of next year. This grim coincidence is known as the Triple Witching Hour.

What Bipartisanship Looks Like

| Posted 04.08.2012 | Politics

Given the Republican strategy of take-no-prisoners, the only bipartisanship is capitulation. It's hard to tack back and forth between leadership and appeasement without looking like a captain who's not sure where he's taking the ship. More leadership, please.

You've Come a Long Way, Ben

| Posted 04.15.2012 | Business

Does Ben Bernanke deserve the accolade bestowed in the April Atlantic magazine cover profile, "The Hero?" Not entirely. But if you look at Bernanke over the past ten years, what you see more than anything else is a learning curve on matters of regulation.

How Europe Could Sink Obama

| Posted 04.22.2012 | Business

Should Socialist Francois Hollande be elected president of France in the runoff election on May 6, that will help create an antidote to the austerity politics that are dominating Europe.

Europe's Banks Versus European Democracy

| Posted 04.29.2012 | Business

Germany profits because the more that financial markets flee from the bonds of other nations, the more money pours into German government bunds, reducing German costs of borrowing. So, what is to be done? If Hollande is elected President of France next week and attempts to pursue a growth policy in one country, as President Francois Mitterrand tried in the 1980s, he will be punished both by money markets and by other leaders. When Mitterrand tried expansion in one country, the result was capital flight and pressure against the franc. In those years, currencies were vulnerable to conservative financial pressures. Today, with a single European currency, it's government bonds that are under attack. But it's the same story.