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Budget Austerity

The World Financial Cup

Robert Kuttner | Posted 09.12.2014 | Politics
Robert Kuttner

Germany represents everything that's wrong with the world financial system. Argentina is the epic case of countries whose economies are screwed by policies championed by Germany -- and unfortunately by the United States as well.

Where Are The Brave Ones?

Harlan Green | Posted 03.28.2014 | Business
Harlan Green

Government cutbacks are also the main reason for our soaring inequality and social immobility, as domestic austerity policies have endangered the social safety net while conservative state governments inhibit collective bargaining, voters' and women's rights.

The Recipe for Growth Is...

Harlan Green | Posted 07.29.2012 | Politics
Harlan Green

Austerity folks keep insisting starvation is the only way to recover from the biggest credit binge since the Great Depression. The latest example is House Republicans' passing of Paul Ryan's budget proposal that punishes the poor to pay for the excesses of the wealthiest.

The Austerity Death Trap

Robert Reich | Posted 12.19.2011 | Politics
Robert Reich

Unless the GOP agrees to a budget deal before year's end, the payroll tax cuts and extended unemployment benefits we have now will end. The scale of this fiscal contraction would be almost unprecedented.