iOS app Android app

Spending

Obama's misguided spending freeze

Brendan Nyhan | Posted 05.25.2011 | Politics
Brendan Nyhan

Since the beginning of the presidential campaign, Barack Obama and his advisers have repeatedly claimed that they don't listen to DC's conventional wi...

If Pearl Harbor Were Attacked Today Could We Afford to Defend Ourselves?

Paul A. London | Posted 05.25.2011 | Business
Paul A. London

Many Republicans know this "deficits will kill us" stuff is bull. The country can afford to spend money to put Americans back to work, just as surely as it could afford to spend money to fight World War II.

Tea Party Protester: "We Think The Muslims Are Moving In And Taking Over" (VIDEO)

Posted 05.25.2011 | Politics

UPDATE (8:43 p.m. EST): NBC has replaced this woman's comment about Muslims with a less inflammatory comment: "I'm scared to death for my country. I ...

Americans Are Finally Saving: A Disaster For Retailers

McClatchy | Kevin G. Hall | Posted 05.25.2011 | Business

After a year of economic crisis and an even longer slump, the nation's retailers are facing a consumer who's more reluctant to buy than ever before in...

Senate Panel OKs $128 Billion For Afghanistan, Iraq Wars

AP | ANDREW TAYLOR | Posted 05.25.2011 | Politics

WASHINGTON — With hardly any debate, a powerful Senate committee Thursday approved President Barack Obama's $128 billion request for military op...

Consumer Spends When Value Exceeds Price

Grant Cardone | Posted 05.25.2011 | Business
Grant Cardone

While the consumer is motivated to save money the desire to spend money runs deep in our culture.

Listen to Mr. David Walker

John David Lewis | Posted 05.25.2011 | Politics
John David Lewis

Officials must often make a choice: to remain silent and keep their jobs, or to resign and speak the truth. Faced with this dilemma, on March 12, 2008, David Walker chose to resign.

Five Reasons for Consumer Caution

Jim Randel | Posted 05.25.2011 | Business
Jim Randel

The Great Recession may be technically ending, but I recommend that consumers proceed with caution.

Consumers Rule: Finally!

Jim Randel | Posted 05.25.2011 | Business
Jim Randel

Since consumer spending represents about 2/3 of our economic engine, the economy will recover when consumers feel the time is right -- not when someone else tells consumers it will.

Why Quality Matters, Even in Tough Times

Jennifer Grayson | Posted 11.17.2011 | Healthy Living
Jennifer Grayson

If every time we pulled out our wallets, we stopped to think about whether or not we really needed something we might have more money left over for things that are truly valuable.

Take Action: Demand an Exit Strategy in Afghanistan

ZP Heller | Posted 05.25.2011 | Politics
ZP Heller

As Congress prepares to authorize $550 billion in military spending -- more than Bush ever requested -- Rep. Jim McGovern is proposing a bill that requires an exit strategy.

How Facebook Could Save The Environment

GOOD | By Stephen Linaweaver, Brad Bate, and Michael Keating | Posted 11.17.2011 | Healthy Living

Why Facebook is more important to the environment than solar panels. The growth of social networks indicates a fundamental shift in patterns of hum...

Can We Afford All This Spending?

Hale "Bonddad" Stewart | Posted 05.25.2011 | Business
Hale

There has been a war of words written about Washington's recent increase in spending. However, this war hasn't focused on the numbers. Let's take a look at the numbers and see what they tell us.

The Economic Conversation Enters a New Phase: Putting Consumers Front and Center Now

Simon Rosenberg | Posted 05.25.2011 | Politics
Simon Rosenberg

Do we really want, as a matter of national policy, Americans to spend, to take on more debt?

Quiz: Are You an Over-Buyer or an Under-Buyer?

Gretchen Rubin | Posted 11.17.2011 | Healthy Living
Gretchen Rubin

I've posted this quiz before, but I can't resist putting it up again. This distinction encapsulates one of my very favorite (if not most weighty) pers...

Where Were the Teabag Protests 8 Years Ago?

Hale "Bonddad" Stewart | Posted 05.25.2011 | Business
Hale

Conservatives are protesting because they are out of power. They aren't protesting spending; if they were, they would have taken to the streets years ago.

States Slashing Social Safety Nets

New York Times | ERIK ECKHOLM | Posted 05.25.2011 | Politics

Battered by the recession and the deepest and most widespread budget deficits in several decades, a large majority of states are slicing into their so...

Ryan Grim

Lieberman, GOP Push For Military Spending Hike

HuffingtonPost.com | Ryan Grim | Posted 05.25.2011 | Politics

The Democratic budget passed late on Thursday night may "tax too much, borrow too much and spend to much" -- in the oft-repeated words of its opponent...

The Nastiest Four-Letter Word

Dan Dorfman | Posted 05.25.2011 | Business
Dan Dorfman

The ballooning amount of debt at all levels, plus the public's determination to honker down and borrow less, is a lingering economic killer.

Doesn't Anybody Have Any Doubts About How We're Doing This?

Michael Wolff | Posted 05.25.2011 | Business
Michael Wolff

Who is going to play Mervyn King in America -- who'll play the prudent voice of reason? Not the obstructionist Republicans who long ago got disqualified from reasonableness.

Counting the Cost of Good and Bad Debt

Jim Wallis | Posted 05.25.2011 | Politics
Jim Wallis

While watching President Obama's press conference Tuesday evening, I was struck by a few things that are often forgotten in the criticism of his proposed budget.

Corporate Government Reform

Harry Moroz | Posted 05.25.2011 | Business
Harry Moroz

Debate about the House tax bill and about earmarks is a striking reminder to us that governance in this country is at risk of going off track.

Geithner Defends Spending Plan, Says Increases Are Short Term

AP | JIM KUHNHENN | Posted 05.25.2011 | Politics

WASHINGTON — Confronting misgivings, even in his own party, President Barack Obama mounted a stout defense of his blueprint to overhaul the econ...

Fourth Quarter GDP Looks Terrible

Hale "Bonddad" Stewart | Posted 05.25.2011 | Business
Hale

Exports were the one solid performer -- until last quarter when they dropped over 20%. Imports dropped as well due to the lack of consumer demand. There is no area of the economy looking good right now.

"Earmarks" in Omnibus Budget Bill: Not Pork, Just Obama Proving He Can Be Taught

M.S. Bellows, Jr. | Posted 05.25.2011 | Politics
M.S. Bellows, Jr.

So there's some pork in the budget, and Republicans want it out, and if some of it comes out then they can claim they made Obama blink, and maybe they'll vote for it? Wow!