Why This Is the Worst Recovery on Record

obama business roundtable

Robert Reich: We’re now witnessing what happens when all of the economic gains go to the top, and the rest of the population doesn’t have enough purchasing power to keep the economy going.

A “Conservative” Response Puts Eran in His Place

delta-smelt-wide

Adam Eran: My best wishes to Ms. Cronan, and anyone else commited to willful blindness about facts, with an added plea: Please, be careful not to bump into the furniture. Meanwhile, I will refrain from calling Ms. Cronan “the barbarian.”

Shorting Economists: The ‘Experts’ Keep Getting it Wrong

economy

Steven Hill: So when the authorities say “a recovery is under way” or “stimulus rather than deficit reduction” or “deficit reduction instead of stimulus,” remember: These are the same experts who are unsure of how to measure, who too often substitute ideology and partisanship for broken theory, and usually have been flat wrong in their assessments.

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