The Grand Bargain Betrayal

black friday

Shamus Cooke: Corporations are on a public-sector union mopping up mission, using the city, state, and federal budget deficits as an excuse to target public sector unions.

The Government “Debt” Flim Flam

golden egg

Mark Dempsey: American government has the legal right to create literally unlimited dollars, so it can never be insolvent. It will run out of dollars when the Bureau of Weights and Measures runs out of inches.

All Eyes on Chicago’s Teachers

chicago teachers

Shamus Cooke: If the Chicago teachers’ union — 26,000 members strong — goes on strike, many critical yet ignored political issues will go into the national spotlight, exposing nastiness that many politicians and labor leaders would like ignored until after the presidential elections.

Why We Should Beware Budget-Deficit Mania

Erskine Bowles and Alan Simpson

Robert Reich: The first draft of the President’s deficit commission, written by its co-chairmen Erskine Bowles and Alan Simpson, is a pastiche of ideas – some good, some dumb, some intriguing, some wacky. The only unifying principle behind their effort seems to be to throw enough at the wall that something’s bound to stick.

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