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Austerity Policies

An End To Austerity?

Harlan Green | Posted 11.09.2015 | Business
Harlan Green

The result of such austerity policies has been lost output and overall wealth that several economists say could last for years--and may even be permanent--hurting both jobs and economic output.

Germany's Failed Austerity Policies

Harlan Green | Posted 06.17.2015 | Business
Harlan Green

One would think by now the debate has been resolved on which economic model created a better recovery from this Great Recession or Lessor Depression, as P Krugman has called it.

Enslavement of the Middle Class

Harlan Green | Posted 04.26.2015 | Business
Harlan Green

It is the ideology of austerity that has prevailed in the U.S. at least since the 1980s, and Paul Krugman says is putting Europe into its Second Great Depression.

13 Questions: About Greece, Europe, Austerity -- And Us

Richard (RJ) Eskow | Posted 04.07.2015 | Politics
Richard (RJ) Eskow

Every day brings more headlines in the European debt drama: "Greece elects anti-austerity government." "Greek Finance Minister says he won't negotiate with the 'Troika.'" "Anti-austerity movements gain ground across Europe." What's behind these stories? What does the future hold? Are there any implications for the U.S.? Here's an overview of the situation as it currently stands.

Government Spending Boosts Q3 Economic Growth

Harlan Green | Posted 12.31.2014 | Business
Harlan Green

We can now say we have the goldilocks economy that prevailed through the 1990's -- not too hot or too cold -- that should boost economic growth for years to come, if Congress can be ignored.

We Need Some Inflation!

Harlan Green | Posted 09.07.2014 | Business
Harlan Green

Maybe raising the Fed's inflation target would encourage more demand and rising incomes, or are we as traumatized by the 1970s era of stagflation as the German's were in the 1920s?

Wisconsin's Painful Austerity Lesson

Harlan Green | Posted 04.26.2014 | Business
Harlan Green

Wisconsin has fallen to the bottom of states in job creation, according to the Bureau of Labor Statistics.

How Did We Reduce World War II Debt?

Harlan Green | Posted 03.18.2014 | Business
Harlan Green

There is a productive way to pay down the federal and consumer debt loads, instead of the austerity policies currently in vogue both here and in Europ...

Why the United States Is Not Greece or Italy -- and Shouldn't Act Like It

Robert Creamer | Posted 01.15.2012 | World
Robert Creamer

The GOP claims that "our debt has put us on the same path as Greece." To see just how wrong this is, look at the difference in what the U.S. government is paying to borrow money today, and the rates being charged to Greece and Italy.

An Insidious Threat to the Occupy Movement

Ismael Hossein-zadeh | Posted 12.17.2011 | Politics
Ismael Hossein-zadeh

On the face of it there is nothing wrong with the Democratic Party expressing support for the protesters. In light of their actual economic policies, however, that support can be characterized only as hypocritical.