Subprime Contagion Subprime Contagion
Is America finally learning that extreme inequality isn't just bad for those at the bottom—it’s ruinous for those on top, too?
Aug 10, 2011 / Chris Hayes
Downgrading Democracy Downgrading Democracy
When Congress, the president and the media run roughshod over popular will and citizen action, small-d democracy pays the price.
Aug 10, 2011 / Ilyse Hogue
Why We Aren’t Like Greece Why We Aren’t Like Greece
Deficit hawks argue that excessive government spending drives the US’s debt woes. They're wrong.
Aug 10, 2011 / Dean Baker
Another Bailout Joins the Goofball Economy Another Bailout Joins the Goofball Economy
The economy is a shambles, saved from a free fall only by the Federal Reserve’s unprecedented promise of free money for banks for at least two years.
Aug 10, 2011 / Robert Scheer
Downgrading Democracy Downgrading Democracy
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 ideol...
Aug 6, 2011 / John Nichols
Defending the Economy Defending the Economy
The only way to provide for a growing populace in need of a larger infrastructure is by raising the debt ceiling.
Aug 5, 2011 / KPFK-LA Management
Wasn’t the Debt-Ceiling Deal Supposed to Avert a 512-Point Dow Collapse? Wasn’t the Debt-Ceiling Deal Supposed to Avert a 512-Point Dow Collapse?
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...
Aug 4, 2011 / John Nichols
The Spending Cuts Are Two Sacred Cows Strapped Together With a Time Bomb The Spending Cuts Are Two Sacred Cows Strapped Together With a Time Bomb
This “Super” Committee is actually a ticking time bomb strapped to two sacred cows: military spending and social spending.
Aug 4, 2011 / Press Room
The Spending Cuts Are Two Sacred Cows Strapped Together With a Time Bomb The Spending Cuts Are Two Sacred Cows Strapped Together With a Time Bomb
This "Super" Committee is actually a ticking time bomb strapped to two sacred cows: military spending and social spending.
Aug 4, 2011 / MSNBC
Senate Approves Debt Deal, as Palin Declares Tea Party ‘Victory’ Senate Approves Debt Deal, as Palin Declares Tea Party ‘Victory’
A Democratic Senate endorses a plan that Bernie Sanders warns risks “devastating cuts to Social Security, Medicare, Medicaid...”
Aug 2, 2011 / John Nichols