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Nation Topics - Economic Policy

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Milton Friedman's free-market faith produced a bastardized system of
interest-group politics that favors sectors of citizens at the expense
of many others.

As election day approaches, don't expect a reasoned discussion of
economic policy between the two parties. A barrage of
quips and one-liners have taken the place of detail and fact in
political debate.

Before the storm, neoliberalism shaped the social and economic
inequities of New Orleans; after Hurricane Katrina, it worsened them
by making government the tool of corporations and investors.

Is Former Treasury Secretary Robert Rubin's new "conceptual
framework" of economic reform an acknowledgment of neoliberalism's
failures or simply a repackaged version of Clintonomics?

Back in Washington's day, Congress printed money to fight the Revolutionary War without collecting taxes to back it up--and paid the price in inflation: History repeats itself today.

The massive number of Americans who support raising the minimum wage
should spur Congress to action.

Interest rates nosed higher today as the Federal Reserve Board
sought to control inflation. But the impact of runaway inflation is
already being felt by workers whose wages will stagnate and whose
earning power is on a steep decline.

The affluent mask of the United States has been torn away by the storm, exposing a nation that has become progressively poorer under the leadership of the party of Big Business.

When the adulation fades, Alan Greenspan will be recognized as a right-wing ideologue and the most politicized Fed chairman in history.

Like oil and water, Chinese capitalism and US politics just don't mix.

Blogs

Progressive economists applauded Obama's pick of Alan Krueger as chief economist, but warned that his ideas for job creation may be too little, too late.

August 30, 2011

If the consumer activist wins she will become an essential spokesperson for progressive values in national economic, regulatory and fiscal policy debates.

August 26, 2011

The former senator is organizing a national push to get Democrats on the Congressional “super-committee” to commit to fight cuts to Social Security, Medicare and Medicaid, to oppose any giveaways to corporations and to tax the billionaires.

 

August 24, 2011

Standard & Poor’s is trying to set the parameters of political debate in America. That should offend everyone—no matter what their party, no matter what their ideology.

August 6, 2011

Obama surrendered to Republicans to get a job-killing, growth-stifling debt-ceiling deal. It was a horrible mistake. Now, with markets tanking, will the president make that mistake again?

August 4, 2011

This “Super” Committee is actually a ticking time bomb strapped to two sacred cows: military spending and social spending.

August 4, 2011

A Democratic Senate endorses a plan that Bernie Sanders warns risks “devastating cuts to Social Security, Medicare, Medicaid...”

August 2, 2011

President Obama heralds his supporters for pressuring Congress for a debt deal that most of his supporters dislike.

August 1, 2011

As a Democratic president bows to the GOP’s far right, House Minority Leader Nancy Pelosi tells colleagues to vote their consciences. Half of House Democratic Caucus opposes Obama’s position.

August 1, 2011

The IMF warns that an international crisis looms, as Pelosi condemns Boehner for going “to the dark side.”

July 31, 2011