Robert Reich: Eric Cantor, Paul Ryan, Rick Perry, Michele Bachmann and the other tribunes of today’s Republican right aren’t really conservatives. Their goal isn’t to conservative what we have. It’s to take us backwards.
Sy Slavin: While economists and national policymakers discuss economics in coldly statistical terms, research has shown that social costs of economic downturns, particularly rising unemployment rates have personal and social costs not previously discussed.
Michele Waslin: States considering anti-immigrant legislation will have to reconsider whether forcing out immigrants is worth potentially losing a Congressional seat, federal funding for schools, roads, and infrastructure, and its reputation.
Robert Reich: We’re back to the same ominous trend as before the Great Recession: a larger and larger share of total income going to the very top while the vast middle class continues to lose ground.
Why do economic downturns catch experts unawares? Even more intriguingly, why do they defy analysis after they’ve happened? Neither economists nor financiers can agree on why the world’s economies are in free fall today. More than 70 years later, there’s still no agreement on what caused the Great Depression. Not even in hindsight does consensus […]