Romney vs. Disaster Assistance

romney disaster relief

Dan Farber: In his last year as governor, Romney refused to provide state assistance when major floods hit western Massachusetts., even though the state government had ample funds.

Obama, China, and Wishful Thinking About American Jobs

China-budget

The dirty little secret on both sides of the Pacific is that both America and China are capable of producing far more than their own consumers are capable of buying. In the U.S., the root of the problem is a growing share of total income going to the richest Americans, leaving the middle class with relatively less purchasing power unless they go deep into debt.

A Modest Plan for Paying College Costs

falon_williams

I’m just about to head off to a commencement here at University of Califonria,  Berkeley. The news that keeps banging around in my head is that the state has just announced a whopping 9% increase in fees for next academic year, the third fee increase in three years. The average young person now graduating from […]

Why We Need Stronger Unions, and How to Get Them

union workers

Why is this recession so deep, and what can be done to reverse it? Hint: Go back about 50 years, when America’s middle class was expanding and the economy was soaring. Paychecks were big enough to allow us to buy all the goods and services we produced. It was a virtuous circle. Good pay meant […]

The Logic of Keynes in Today’s World

jobs

by Robert Reich – Not long ago I was talking to someone who once had been a deficit hawk but the current recession had turned into a full-blooded Keynesian. He wanted a stimulus package in the range of $500 to $700 billion. “Consumers are dead in the water,” he said, fervently, “so government has to […]

Related Posts Plugin for WordPress, Blogger...