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After Years of Austerity, It's Time for Germany to Push Growth in Europe

Nicolas Berggruen | Posted 10.10.2013 | World
Nicolas Berggruen

Though the combined votes of the SPD, the Greens and the Left were greater than the votes for the CDU and its allies in the recent election, Angela Merkel for all intents and purposes has been given a mandate to continue her European policy that prioritizes austerity.

Debt-Ceiling Austerity

Charles Kolb | Posted 12.09.2013 | Politics
Charles Kolb

Has anyone thought that the current position of House Republicans on the debt-ceiling issue is really NOT a bluff? That it might be more than a short-term negotiating ploy?

Republicans Want Smaller Government? Opt-Out of Those Dirty Socialist Programs - What Is Stopping You?

Leslie K. Stein | Posted 01.23.2014 | Politics
Leslie K. Stein

We know the shutdown is not about fiscal responsibility. If it was, Republicans would not have run up the deficit under W by trillions of dollars with two unpaid wars, unpaid Medicare prescription plan, and the Bush tax cuts.

Here Is What The Job Market Would Look Like Today Without Austerity

The Huffington Post | Caroline Fairchild | Posted 10.09.2013 | Business

Republicans are threatening major future economic damage with a U.S. government shutdown and possible debt default. But their budget fights have alrea...

Tea Party: They Don't Believe in Science, They Don't Know History, They Don't Do Math -- But They Are Obsessed With Extremism

Leslie K. Stein | Posted 01.23.2014 | Politics
Leslie K. Stein

This conservative, austere budget has been rejected for months. Their goal is not really about defunding ObamaCare. Their goal was to force their extreme agenda onto the American people.

The Shutdown: Republicans Win Standoff, Shoot Hostages Anyway

Richard (RJ) Eskow | Posted 11.30.2013 | Politics
Richard (RJ) Eskow

This is no longer a hostage negotiation. It has become something far more unpredictable, and therefore much more frightening. Republicans have come full circle from the days when Ronald Reagan proclaimed that "it's morning in America." It's midnight in John Boehner's America.

Obamacare Is Making Republicans Sick

Dale Hansen | Posted 11.30.2013 | Politics
Dale Hansen

The most ironic argument against the ACA is that it kills jobs. While most Republicans would argue that the government can't create jobs, apparently government can destroy them.

41 Citizen Groups Tell Congress: Stop This Job-Killing Crisis

Roger Hickey | Posted 11.28.2013 | Politics
Roger Hickey

Forty-one organizations, representing millions of Americans, have signed this letter to Congress, asking them to stand against those who would "hold our economy hostage in order to dictate the terms of the debate."

The GOP Should Pay for Shutdown Foolishness

Andrew Fieldhouse | Posted 11.25.2013 | Politics
Andrew Fieldhouse

A government shutdown is an untenable situation. It's even less tenable for the party that causes it. Should their brinksmanship extend past September 30, House Republicans would be poised to take the overwhelming brunt of the blame.

Merkel Tip

Jeff Danziger | Posted 11.24.2013 | Politics
Jeff Danziger


Think Again: Austerity Kills, and So Will the Sequester

Eric Alterman | Posted 11.19.2013 | Media
Eric Alterman

Almost all Americans have been or are about to be negatively affected by the sequester in significant ways, though this may not be apparent from anecdotal reporting in the mainstream media.

Greek Doctors Join Anti-Austerity Strike

AP | Posted 11.17.2013 | World

ATHENS, Greece — Greek hospital doctors have embarked on a three-day strike, joining high school teachers who walked off the job a day earlier i...

Austerity: No Walk in the Park

Jesse Marks | Posted 11.11.2013 | Green
Jesse Marks

Unfortunately, the sequester is only the latest of a series of actions that have cut funding to America's national park system. In fact, in a recent study, all but one of the 23 national parks surveyed have seen budgets decline consistently since 2010 (some by more than 25 percent).

Special UN Africa Envoy Downsizes Amid Signs Of Donor Fatigue | Posted 09.04.2013 | Impact

EXCLUSIVE: As the United Nations begins to gear up for its new session this month, there are signs that austerity is reaching even the highest levels....

Can Debt Ceiling Debates Be Useful? History Says Maybe.

Joseph J. Thorndike | Posted 10.28.2013 | Politics
Joseph J. Thorndike

Are threats to oppose a debt ceiling increase ever defensible? More specifically, can they ever be justified as a form of leverage--as a tool to force...

Private Gain to a Few Trumps Public Good for the Many

Robert Reich | Posted 10.22.2013 | Politics
Robert Reich

Not even Democrats still use the phrase "the public good." Public goods are now, at best, "public investments." Public institutions have morphed into "public-private partnerships" or, for Republicans, simply "vouchers."

Rajan Calls Krugman 'Paranoid' for Criticizing Reinhart and Rogoff's Research

William K. Black | Posted 10.13.2013 | Business
William K. Black

This article discusses a simmering feud among five of the most prominent economists in the world (two of them Nobel Laureates).

Obama on Greece: End Austerity Now

Justine Frangouli-Argyris | Posted 10.09.2013 | World
Justine Frangouli-Argyris

The president looks to be in accord with a recent IMF report on the situation that calls on the eurozone to quickly solve the issue of Greece's financing gap for 2014 and to expedite the package of relief measures that have been promised.

How the ALEC Agenda Forced Chicago's School Closings

C. Robert Gibson | Posted 10.07.2013 | Chicago
C. Robert Gibson

Many school systems, like those in Chicago, are funded through property taxes. This obviously leads to schools in wealthier neighborhoods having more resources than schools in poorer neighborhoods, like the ones Rahm Emanuel closed this year.

What Does Equality Mean?

John O'Kane | Posted 10.07.2013 | Politics
John O'Kane

There's no question that many are down on socialism, or most any other "foreign" ism. But few can have a grasp of what it is. They must be driven by a media-stoked fear of the unknown since the alignment of power in this country now is far from socialistic.

Fast Food Strikes: Raising Wages and Saving the Economy

Richard Brodsky | Posted 10.01.2013 | Politics
Richard Brodsky

These are hard-working folks, often with two jobs, who simply can't survive on what they are paid. Think about it. Work 50 hours at $8 bucks an hour, and your weekly pre-tax income is $400, or about $20,000 annually. Raise a family of four on that.

GOP Austerity Measure Falls Apart

AP/The Huffington Post | Posted 09.30.2013 | Politics

BY ANDREW TAYLOR, THE ASSOCIATED PRESS WASHINGTON -- House GOP leaders Wednesday halted debate on an austere measure that was full of cuts to trans...

Reversing the Tide That Swamped Small Boats

Leo W. Gerard | Posted 09.28.2013 | Politics
Leo W. Gerard

Republicans lost the White House. They lost an opportunity to control the Senate. They lost seats in the House, though they remain the majority there. Yet it is their plan, from that minority position, to sustain their sink-middle-class-boats economic policies and scuttle all attempts to change course.


Neil McCarthy | Posted 09.24.2013 | Business
Neil McCarthy

We have turned economics into a morality play. Austerians share a visceral contempt for government deficits. They do not just think deficits are bad as a matter of policy; they think deficits are bad, period. But anyone with a cursory knowledge of economic history rejects this narrative.

Chicago Loves Its Teachers, Why Doesn't the Mayor?

Kenzo Shibata | Posted 09.23.2013 | Chicago
Kenzo Shibata

There is a disconnect between City Hall and the people of Chicago. While Mayor Rahm Emanuel throws millions into pet projects, 3,000 Chicago educators are being laid off.