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One Day After Attending Private Economic Crisis Briefing, GOP Financial...
By Pat Garofalo Economic Policy Editor, Center for American Progress Action Fund ThinkProgress.orgCBS News’ 60 Minutes aired a report last night alleging that several members of Congress have traded...
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If That’s a Super Committee, What Does One with Normal Powers Look Like?
Jared Bernstein Senior Fellow, Center on Budget and Policy PrioritiesThe Washington Post had a good update on this issue but I wanted to clarify one point that I think has been muddied in much...
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The 1% Strike Back
Robert Borosage Co-Director, Campaign for America's Future In 2010, as the economy began its slow recovery from the Great Recession, a new study shows the richest 1% of Americans captured a staggering...
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Finding Common Ground On the Economy
By Kenneth Davis President, Economic Strategy Associates, Inc. Let’s face it, we’re living in very unusual economic times. We’re losing badly to import competition in a trade war in our own U.S....
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You Are Better Off Now Than Four Years Ago When the Stock Market Lost $1.2...
Four years ago, on Sept. 29, 2008, the Dow Jones Industrial Average fell 778 points, its largest single-day point loss to date. In total, the stock market lost $1.2 trillion that day, the first...
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Aaron Swartz, Financial Fraud and the Justice Department
By Dean Baker Co-Director, Center for Economic and Policy Research, Author Many people have been asking about the Justice Department’s priorities in the wake of the suicide of computer whiz and...
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Why Consumers are Bummed Out
By Robert Reich Former U.S. Secretary of Labor, Professor at Berkeley The Conference Board reported Tuesday that the preliminary January figure for consumer confidence in the United States fell to its...
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Why There’s a Bull Market for Stocks and a Bear Market for Workers
By Robert Reich Former U.S. Secretary of Labor, Professor at Berkeley Today the Dow Jones Industrial Average rose above 14,270 — completely erasing its 54 percent loss between 2007 and 2009. The stock...
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Who Benefits From the Climbing U.S. Stock Market?
By Jared Bernstein Senior Fellow, Center on Budget and Policy Priorities I was listening to the radio this weekend and heard some equity market cheerleaders going on about how the melt-up in the stock...
View ArticleCongressional Republicans Violate Oath of Office
Like “Git ’er done,” Americans should be yelling at Republicans in Congress: “Do yer job!” That’s because Republicans are shirking their sworn duty by both shutting down the government and threatening...
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