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Austerity.

Inside Paul Ryan, Inside the GOP

Bob Burnett | Posted 04.18.2014 | Politics
Bob Burnett

The Ryan/Republican budget puts the 2014 midterm election in perspective. Americans will choose between a new congress that caters to the 1 percent or one that protects the 99 percent. We will choose between plutocracy or democracy.

Another Chance for Ukraine

Tristan Masat | Posted 04.03.2014 | Politics
Tristan Masat

Ukraine is beset by troubles. The Russian annexation of Crimea is the dramatic headline, but the economic struggles the country and Ukrainian workers face may prove just as dire.

Jobs Proposals in the President's Sure-To-Be-Obstructed Budget

Dave Johnson | Posted 03.06.2014 | Politics
Dave Johnson

The president's 2015 budget proposal "pivots" away from the 2010 "pivot" to austerity, pushes modestly for jobs and prioritizes infrastructure repair. Republicans will obstruct this -- just like they have obstructed every jobs plan since the stimulus. But the public fully supports what the president is trying to do.

The President Says the 'Era of Austerity' Is Over -- Is It?

Richard (RJ) Eskow | Posted 02.25.2014 | Politics
Richard (RJ) Eskow

What is most conspicuous about these early glimpses of the budget is what we don't see in it. A true "post-austerity" budget would pivot to bold action on the crises that are still gripping so many millions of Americans.

Greece Will Likely Begin Recovery This Year: Is Austerity Working?

Mark Weisbrot | Posted 03.26.2014 | Politics
Mark Weisbrot

The Greek economy is going to grow next year because of a significant policy reversal. The fiscal tightening is basically coming to an end. Why is this so important? Because the people who supported the policy of the last four years will, when the Greek economy begins to recover, claim that the "austerity worked." But even the IMF's own analysis refutes this claim.

Here's What Europe's Business Leaders Could Teach America

The Huffington Post | Jillian Berman | Posted 01.25.2014 | Business

European corporate titans are calling on policy makers to do more to boost the region’s struggling economy. And unlike their counterparts in the U.S...

Paul Blumenthal

Omnibus Budget Proves That Earmarks Will Never Die

HuffingtonPost.com | Paul Blumenthal | Posted 01.25.2014 | Politics

WASHINGTON -- The practice of earmarking -- that is, steering federal dollars to specific projects or companies -- might be officially banned in Congr...

Detroit's Bankruptcy Filing: Not With a Bang, But With a Thud

John Patrick Leary | Posted 03.17.2014 | Detroit
John Patrick Leary

When a federal bankruptcy judge ruled that municipal pensions are vulnerable under federal bankruptcy law, no one was surprised. Little about life in 21st-century America prepares anyone to expect a judge to stand up for public pensions.

Fiscal Drag and Less Thereof

Jared Bernstein | Posted 03.17.2014 | Politics
Jared Bernstein

In much recent writing on fiscal policy, I've faced the hard fact that while it's hard to imagine Congress doing much to help the economy, perhaps it's not too crazy an ask to get them to do less to hurt it.

The Costs of Austerity: Squandering $2.3 Trillion Yearly of our Productive Resources

Jakob von Uexkull | Posted 03.16.2014 | Business
Jakob von Uexkull

We are failing to use all the productive resources available to us and, as a result, over 200 million people are unemployed around the world. On the other hand, we live beyond our natural limits because we use more natural and finite resources than is sustainable. A huge opportunity thus presents itself.

ALEC Wants Your Legislator's Loyalty -- And You Get to Foot the Bill

Dan Montgomery | Posted 03.11.2014 | Chicago
Dan Montgomery

The Guardian uncovered an internal ALEC document that proposed a "loyalty oath" that ALEC state chairs must take that states: "I will act with care and loyalty and put the interests of the organization first." That's right. They aren't supposed to put the interests of the taxpayers who elected them first.

Cuomo vs. de Blasio: The National Struggle Begins in New York

Richard Brodsky | Posted 03.10.2014 | Politics
Richard Brodsky

The sharp collision between Gov. Cuomo and Mayor de Blasio is echoing well beyond the borders of the Empire State. They have staked out sharply conflicting views of how to run an economy, and to the victor will go national credentials as the next wave of Democratic Party leadership.

Luke Johnson

Here Are All The Times Congress Screwed Americans This Year In The Name Of Austerity

HuffingtonPost.com | Luke Johnson | Posted 01.23.2014 | Politics

WASHINGTON -- As the year winds to a close, Congress is cautiously celebrating passing a year-end budget that relieves just about a third of the seque...

Where Is the Rule of the Troika Leading Greece?

Constantine Tzanos | Posted 02.22.2014 | World
Constantine Tzanos

Since 2010, Greece is under the rule of the Troika (IMF, European Commission [EC] , European Central Bank [ECB]), which rules under the terms of the ...

Here's How Congress Might Not Screw Up The Economy

AP | By JOSH BOAK | Posted 02.17.2014 | Politics

WASHINGTON (AP) — The U.S. Congress did something Wednesday it hasn't done during three years of partisan warfare: Pass a budget deal that won't lik...

Drones in Yemen, Hunger Games in America, and Corporate Espionage

Dennis Trainor | Posted 02.16.2014 | Politics
Dennis Trainor

We hear the haunting yet absurd steps taken by the NSA to monitor citizens. Unfortunately for activists, revolutionaries, and other agents of social change, that's only the "state" prong of surveillance.

How to Destroy an Entire Country

Rep. Alan Grayson | Posted 02.13.2014 | Politics
Rep. Alan Grayson

So we cannot properly attribute the catastrophe in Greece to labor protection, nor can we attribute it to government borrowing. What is the cause, then?

Illinois Democrats Wage Class War

Carl Gibson | Posted 02.10.2014 | Chicago
Carl Gibson

Try and name one difference between the policies of Wisconsin Governor Scott Walker and Chicago Mayor Rahm Emanuel that isn't of importance to evangelicals -- I'll wait.

Austerity Is Not the Answer for the Eurozone

Iván H. Ayala | Posted 02.08.2014 | Impact
Iván H. Ayala

The reality is that the "austerity," imposed by elites and governments, has led us to an untenable macroeconomic situation.

Is Economics a Religion?

Steven Strauss | Posted 02.07.2014 | Politics
Steven Strauss

In theory, economists are rewarded for seeking the truth. In reality, many are rewarded for outlandish soundbites for "talking head" shows and supporting whichever special interest group pays them.

Social Security for the Life-Cycle

Alan A. Aja | Posted 01.27.2014 | Politics
Alan A. Aja

While we applaud Senator Warren and Paul Krugman for their unequivocal stance not to cut but to expand the benefits of social security, we believe we can be much bolder.

The Hunger Games Are Real: We Are the Districts

Carl Gibson | Posted 01.25.2014 | Politics
Carl Gibson

Only by winning elections at the local level, the state level, and the congressional level can we redistribute the wealth that the ruling class have unjustly stolen from those who worked to create it.

Janet Yellen Shames GOP For Austerity, Being Terrible

The Huffington Post | Mark Gongloff | Posted 11.14.2013 | Business

It looks like Janet Yellen will have no problem tackling one of Ben Bernanke's most important jobs: shaming Congress for ruining the economy. Yelle...

Defense Contractor Blames Austerity For Massive Job Cuts

Reuters | Karen Jacobs | Posted 11.14.2013 | Business

(Reuters) - Defense contractor Lockheed Martin Corp said on Thursday it plans to cut 4,000 jobs, or more than 3 percent of its worldwide workforce, t...

A Progressive's Notes for the Budget Conference Meeting Today

Rep. Raúl M. Grijalva | Posted 01.23.2014 | Politics
Rep. Raúl M. Grijalva

Our recipe for prosperity is simple: protect the safety net, stop the austerity, give the economy room to grow, and don't pursue further deficit reduction at the expense of national priorities. The question is whether budget negotiators will listen.