History and Double-Dip Recessions

obama senior staff

Iwan Morgan: If America does manage to avoid a new recession and achieve stronger growth, it will be a testimony to the underlying strength of its economy. At present its political leadership in both the executive and legislative branches does not appear to have the same reserves.

The Wageless Recovery

wall street inflation

Robert Reich: The question on everyone’s mind: Will the Fed signal it’s now more worried about inflation than recession?

Why Obama’s Proposal Is Risky

robert reich

Robert Reich: The underlying problem isn’t the budget deficit. It’s that so much income and wealth are going to the top that most Americans don’t have the purchasing power to sustain a strong recovery.

The Struggle for a Workers’ Recovery

Shamus Cooke: The massive One Nation demonstration in Washington, D.C. proved that unions and other progressive groups can unite under a set of demands. But uniting for one demonstration is not enough.

A Permanent Housing Collapse?

Shamus Cooke: The housing market appears to be on a never-ending downward spiral, with the much-discussed “recovery” always around the next corner.

The War on Drugs Redux

opium1

Opium is in the news again. Afghanistan is producing bumper crops of opium poppies, funding Taliban attacks and simultaneously enriching some of the Afghani government’s warlord allies. Low heroin prices worldwide suggest that the marketplace is saturated, and American policy abroad is aimed narrowly at crop eradification while at home we are incarcerating drug users […]

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