User: flenvcenter Topic: Economics and Jobs-Independent
Category: Economics :: Global Economies
Last updated: May 19 2013 22:29 IST RSS 2.0
 
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Controversies Threaten To Drown Out Key Obama Goals 19.5.2013 Politics on HuffingtonPost.com
WASHINGTON -- Five months into President Barack Obama's second term, allies and former top aides worry that his overarching goal of economic opportunity has been...
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Michael Kinsley Feels Your Pain, Middle Class, But Pain Makes You Beautiful 18.5.2013 Politics on HuffingtonPost.com
The austerity policies that gripped the world in the face of the global economic downturn have not worked. Unless the intent was to make a...
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Sequestration Cuts Taking Money Out Of Unemployed People's Pockets 15.5.2013 Politics on HuffingtonPost.com
Thanks to federal budget cuts known as sequestration, Judy Cohagen of Arlington, Texas, recently saw her income shrink from $370 to $330 per week. She...
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Atlas Shrugged Off Taxes 13.5.2013 Commondreams.org Views
Paul Buchheit

Ayn Rand's novel "Atlas Shrugged" fantasizes a world in which anti-government citizens reject taxes and regulations, and "stop the motor" by withdrawing themselves from the system of production. In a perverse twist on the writer's theme the prediction is coming true. But instead of productive people rejecting taxes, rejected taxes are shutting down productive people.

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Charles Kolb: Why Paul Krugman Is Wrong 11.5.2013 Politics on HuffingtonPost.com
Professor Krugman keeps fighting a straw-man argument. The real issue isn't a choice between stimulus and austerity. After all, we've had nearly five years of quite remarkable monetary and fiscal policy stimulus.
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The Dow Closes Above 15,000, And It Still Doesn't Matter 8.5.2013 Politics on HuffingtonPost.com
You might not be aware of this, but the stock market is still smashing records every day. And the reason you might not be aware...
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Worst Teacher Appreciation Week Ever? 7.5.2013 Politics on HuffingtonPost.com
A small school district in Michigan has run out of money to pay its teachers. But the school year isn't over until June 23. The...
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Larry Summers Weighs In On Research Controversy 6.5.2013 Politics on HuffingtonPost.com
By Lawrence Summers May 5 (Reuters) - The economics commentariat and no small part of the political debate in recent weeks has been consumed...
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Let's Do It, Let's Repeal The Sequester! 4.5.2013 Huffpolitics on The Huffington Post
Let's Do It, Let's Repeal The Sequester!
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Ontario Budget 2013: Four more years of austerity 3.5.2013 rabble.ca - News for the rest of us
All budgets are political in nature, but Ontario's 2013 budget -- tabled by a minority government with a new leader -- stands out as a case in point: it is carefully designed to survive a non-confidence vote. It extends a few olive branches to the opposition NDP. A promise to reduce auto insurance premiums by 15 per cent. Increases in spending on home care, youth unemployment and infrastructure in rural areas and the north. Restructuring the Employer Health Tax to claw back the small business reduction from large corporations. It hugs the curvature of tax cuts and low public spending enough to counter opposition Conservative complaints. read ...
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Dave Johnson: March Trade Deficit Better -- Why This Matters More Than Budget Deficit 3.5.2013 Politics on HuffingtonPost.com
The balance of trade is important because trade is how our country makes a living as a country. This huge continuing deficit matters, because it is literally draining money and jobs (and factories and industries) from our economy.
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Repeal the Sequester – And the Insanity Behind It 2.5.2013 Commondreams.org Views
Richard Eskow

Sure, we urgently need to repeal the sequester.  (You can tell your Representative that here.) But it’s even more important to repeal the insane thinking that led to the sequester.  

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Richard (RJ) Eskow: Repeal the Sequester - and the Insanity Behind It 2.5.2013 Politics on HuffingtonPost.com
We urgently need to repeal the sequester. But it's even more important to repeal the insane thinking that led us there. "Financial innovation" wasn't all that innovative. Some of it was just unregulated lending. A lot of it was old-fashioned fraud. Above all else, we must demand growth.
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The Bangladesh Factory Tragedy and the Moralists of Sweatshop Economics 30.4.2013 Commondreams.org Views
Maha Rafi Atal A woman reacts after identifying the body of her husband killed in the collapse of the garment factory building in Dhaka. (Photograph: Munir Uz Zaman/AFP/Getty Images) In the wake of last week's factory collapse in Dhaka , a dangerous argument has been making the rounds of the blogosphere. read ...
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Sequester Closes Cancer Clinic Doors, Congress Does Nothing 29.4.2013 Commondreams.org Views
Dave Johnson

Affluent business flyers inconvenienced by delays = national emergency that Congress immediately fixes. Cancer clinics closing = Congress does squat, goes home. This is just one more story of our corrupt times.

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Super PAC Targeting Mark Sanford Discloses Its Donors 26.4.2013 Politics on HuffingtonPost.com
House Majority PAC, which is dedicated to electing Democrats to Congress' lower chamber, became the first major super PAC to file a disclosure report in...
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Twitter Flash Crash Hints At Deeper Market Problems 24.4.2013 Politics on HuffingtonPost.com
Twitter may have caused a flash crash, but the problem is not Twitter's. Any market so vulnerable to an errant tweet probably has bigger problems....
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Confronting inequality in Ontario with a public service budget 24.4.2013 rabble.ca - News for the rest of us
In yesterday's speech, Finance Minister Sousa pledged to keep taxes at their current levels, and hold government spending growth to 1 per cent. This was a profoundly disappointing announcement. There is no fiscal or economic reason for this policy stance, and a different approach will have both economic and social benefits. The fiscal situation Minister Sousa stated that Ontario is ahead on its deficit reduction plan, and the deficit will be $9.8 billion for this fiscal year, $5 billion lower than forecast in the budget. The table below shows interest payments as a share of revenues and the accumulated deficit as a share of GDP. Both of these are important measures of fiscal health of the province. read ...
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Simpson, Bowles Back For Another Round 19.4.2013 Politics on HuffingtonPost.com
WASHINGTON -- The chairmen of President Barack Obama's 2010 fiscal commission are wading back into Washington's budget wars with a revised, somewhat milder plan to...
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Cutting the Budget, Bleeding Us Dry 18.4.2013 Commondreams.org Views
Michelle Chen The poor aren't feeling the benefits of the economic "bounceback"--and cutting Social Security won't help. (Image from Shutterstock.) If you feel like that recovery we keep hearing about hasn"t quite trickled down to your block, there"s a good reason. A huge swath of the country"s workers are out of sync with the economic cycle, continually falling further behind the rich. read ...
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