Bernanke Solves the Wrong Deficit
Ironically, the recession has been good for our trade deficit. We can't buy as much and don't have as much money to spend. But it can't last and we don't want it to.
Ironically, the recession has been good for our trade deficit. We can't buy as much and don't have as much money to spend. But it can't last and we don't want it to.
nytimes.com | BOB HERBERT | Posted 10.20.2009 | Business
Why should the general public have to constantly worry that a misstep by the high-wire artists at Goldman Sachs (to take the most obvious example) wou...
Tony Blankley | Posted 10.15.2009 | Politics
The greatest systemic risk to our economy is not Wall Street. It's the growing federal debt being enacted by those Washington politicians -- the ones who want to protect us from Wall Street.
Eric Lotke | Posted 10.14.2009 | Business
If we ask the right questions or push in the right direction, the American people might come with us. Long range investments. It's work but we can get there.
Rep. Jason Chaffetz | Posted 10.01.2009 | Politics
Contrary to what some have told us in the past, deficits and debts do matter, and at the levels these debts have been accumulating, they matter a lot.
Dean Baker | Posted 09.28.2009 | Business
There seems to be a bipartisan consensus that completely missing the biggest economic calamity in almost 80 years doesn't call into question your competence as an economic analyst. This should scare people.
Gary Shapiro | Posted 09.23.2009 | Business
Pittsburgh's experience offers a road map for American cities adjusting to manufacturing downturns and the new realities of the modern global economy.
David Sirota | Posted 09.18.2009 | Politics
If President Obama really cares about the deficit, where is his effort to seriously rein in a Pentagon budget that is far more expensive than any health care plan being debated in Congress?
Marshall Auerback | Posted 09.15.2009 | Politics
Markets do not self-regulate in ways that avoid major financial upheavals and activist government is required as a counterbalancing force.
AP | MARTIN CRUTSINGER | Posted 09.11.2009 | Business
WASHINGTON — The federal deficit surged higher into record territory in August, hitting $1.38 trillion with one month left in the budget year. ...
Richard Kirsch | Posted 11.08.2009 | Politics
At the end of the day, the way that most Americans will measure reform is by asking, "Do I have good health care that I can afford?"
Pablo Manriquez | Posted 10.22.2009 | Business
Any reduction in consumer spending, whether spurned by a tax increase or not, that causes a drop in our demand for Chinese products decreases China's incentive to lend to us except at higher interest rates.
The Media Consortium | Posted 10.17.2009 | Business
Why is the Bernanke reappointment a mistake? Put simply, Bernanke is completely culpable for allowing an economic crisis to foment.
Chris Weigant | Posted 10.16.2009 | Politics
Money wasn't just "given" to Wall Street firms. It bought something of value. And now that the firms (and the market in general) are recovering, they're starting to pay it back. With interest.
Alan Schram | Posted 09.30.2009 | Business
Washington is experimenting with bogus stimulus, such as the "cash for clunkers" program. Taxing Peter to subsidize Paul's new car is not a recipe for sound economic growth.
forbes.com | Nouriel Roubini | Posted 09.27.2009 | Business
In the last few months the world economy has been saved from a near-depression. That feat has been achieved by a range of extraordinary government sti...
Taylor Marsh | Posted 09.21.2009 | Politics
Liberals are convinced that Obama's problem is passion, his lack of heat. But Barack Obama was never about heat, not ever.
cnbc.com | Posted 09.21.2009 | Business
The Obama administration will increase its 10-year budget deficit projection to roughly $9 trillion from $7.108 trillion in a report next week, a seni...
Gershon Hepner | Posted 09.16.2009 | Business
There's no point asking for refunds from managers of feeder funds, who generally are quite immune to prosecution, though the tune the piper played was paid by them.
Robert Scheer | Posted 09.04.2009 | Business
The $33 billion in taxpayer money that executives paid themselves speaks volumes about the inefficiency of a system of rewards that has nothing to do with performance.
WSJ | Posted 08.29.2009 | Business
With the budget deficit soaring toward $2 trillion, the Department of Justice has figured out how to play its part: double-sided photocopying. More T...
Robert Scheer | Posted 08.28.2009 | Business
The Chinese Communists invaded Washington on Monday demanding not that we sacrifice our freedoms but rather that we balance our budget.
Youth Radio -- Youth Media International | Posted 08.21.2009 | Politics
Originally published on Youthradio.org, the premier source for youth generated news throughout the globe. By: Austin De Rubira In Miranda Carrow's ...
Ann Pettifor | Posted 08.14.2009 | Business
California's economy is in free fall. This appears to be of little concern to Governor Schwarzenegger, who instead prefers to focus his energy, attention and political capital on the ballooning state budget.
Larry Gellman | Posted 08.06.2009 | Politics
We have never been more reliant on the generosity of others and less able to act like grown-ups and fend for ourselves than any time since the Revolution.
Eric Lotke | Posted 10.21.2009 | Business