Dean Baker Exposes How CBO Cooks Inflation Forecasts to Promote Deficit Scaremongering
Yet more funny forecasts from the CBO telling you why you can’t have nice things, like a better job market.
Read more...Category Archives: The destruction of the middle class
How Many Flints? America’s Coast-to-Coast Toxic Crisis
Flint is just the tip of the iceberg of lead poisoning in America.
Read more...It’s Not Just TPP. Can a President Kill NAFTA? Al Gore Thought So. Hillary Clinton Too.
Given what Hillary and Gore have said about Nafta, it’s time to ask candidates much more pointed questions about Nafta and the TPP.
Read more...Gaius Publius: The Pressure on Warren to Support Hillary Clinton
The hypocritical feminist project to strong-arm Elizabeth Warren into backing Hillary Clinton.
Read more...Paul Craig Roberts on Michael Hudson’s Killing the Host
An introduction to Michael Hudson and his latest book.
Read more...Trump’s Neofascism Isn’t Going Away, Even if Trump Does
Trump represents a new strain in American politics: low wage full employment and the protection of the status of big business through violent discipline.
Read more...Clinton Campaign Goes on Tilt as a Result of Dead Heat With Sanders in Iowa
The Clinton campaign is on the back foot. And it is a spectacle to behold.
Read more...Gaius Publius: A Non-Neoliberal Woman President Is Not One of the Choices
Hillary as a neoliberal is not your friend….unless you are a member of the 1% or on their meal ticket.
Read more...Flint: Let Them Drink Pollution?
Why the crisis in Flint, Michigan is about race and class, and the American nightmare of metastasizing inequality of wealth and power.
Read more...Are Economists in Denial About What’s Driving the Inequality Trainwreck?
Today’s richest Americans may soon blow past the tycoons of the Roaring Twenties.
Read more...Former BIS Chief Economist Warns of Massive Debt Defaults, Need for Debt Jubilee; Fingers Europe as First in Line
Even though the former chief economist of the BIS calls for a debt jubilee, it’s only part of the medicine needed to get the economy out of the ditch.
Read more...Bill Black: Wall Street Declares War Against Bernie Sanders
The attacks on Sanders from Wall Street are getting ever more shrill….about time the felt some heat.
Read more...The 0.1%’s Marie Antoinette Moment
A card-carrying member of the 0.1%, Steve Schwarzman of Blackstone, has reveled himself to be dangerously out of touch.
Read more...Gauis Publius: The Clinton Campaign Speaks to the New York Times
The Clinton campaign is too obviously interested in its success over that of the nation. And despite the Sanders surge, it still believes in its inevitability.
Read more...Investment Manager GMO Debunks Mythology of “Sound Finance,” or Deficit Hawkery
Yves here. Sometimes it is best to let things speak for themselves. In that spirit, I am embedding a very important paper by the well-respected investment management firm GMO which debunks the tenets of “sound finance,” meaning the claim that governments need to balance their budgets. I expect to be referring to it regularly, particularly […]
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