Posts Tagged ‘economy’
Republicans are the Big Government Party
Unemployment Rate Would be 7.1 Percent Without Government Cuts March 11th, 2013 By Jason Sattler One of the biggest Republican myths of the last four years is that the government has been exploding in size. The truth is that federal, state and local governments have cut more than 750,000 jobs since June of 2009. If those jobs hadn’t been lost, the unemployment rate would now be 7.1 percent, according to the Labor Department. The total number of people employed by the government ... Full Story
Revolt of the Rich
Our financial elites are the new secessionists. By Mike Lofgren It was 1993, during congressional debate over the North American Free Trade Agreement. I was having lunch with a staffer for one of the rare Republican congressmen who opposed the policy of so-called free trade. To this day, I remember something my colleague said: “The rich elites of this country have far more in common with their counterparts in London, Paris, and Tokyo than with their fellow American citizens.” That was ... Full Story
Is President Obama a big spender?
The answer is a big yes and no. As Mark Twain said, “Figures don’t lie, but liars figure.” It is not exactly a case of “lying,” but rather a case of putting a spin on what the numbers mean. The two articles from Forbes Magazine presented below are excellent examples. In “ Who Is The Smallest Government Spender Since Eisenhower?” a May, 2012 article, Rick Ungar makes the case that it is Barack Obama. He includes a graph that shows the annualized growth in federal ... Full Story
Mitt Romney, casino capitalist
Mitt Romney and the New Gilded Age By Robert B. Reich The election of 2012 raises two perplexing questions. The first is how the GOP could put up someone for president who so brazenly epitomizes the excesses of casino capitalism that have nearly destroyed the economy and overwhelmed our democracy. The second is why the Democrats have failed to point this out. The White House has criticized Mitt Romney for his years at the helm of Bain Capital, pointing to a ... Full Story
Romney and the GOP, hypocrites
Romney's amazing hypocrisy By Donna Brazile, a CNN contributor and Democratic strategist, is vice chairwoman for voter registration and participation at the Democratic National Committee. She is a nationally syndicated columnist, adjunct professor at Georgetown University and author of "Cooking With Grease." She was manager for the Gore-Lieberman presidential campaign in 2000. (CNN) -- Recently, we learned two important things about Mitt ... Full Story
How Politics Damaged Obama’s Recovery (CHART)
By Brian Beutler Last week we brought you this chart, demonstrating that the unemployment rate under President Obama is coming down fairly quickly — though not as quickly as it did under President Reagan in the months before he won a landslide re-election in 1984. Here’s a major reason why. Data from the Bureau of Economic Analysis illustrates a key difference between Reagan’s first term and Obama’s: the pliancy of the Congresses they had to work ... Full Story
You can’t have it all
FACT CHECK: You can't have it all, sorry By CALVIN WOODWARD, Associated Press – WASHINGTON (AP) — Is there any impulse greater in politics than to promise people the sun and the moon? Each in their own way, the Republican candidates heading into Super Tuesday primaries are telling Americans they can have "it all" — plentiful energy without pain at the pump, jobs without deeper debt, thriving factories like the days of yore, a renaissance at every dusty ... Full Story
Senator Udall Town Hall Meeting in Fort Collins
Udall to Talk about Jobs and the Economy at Town Hall Meeting in Fort Collins U.S. Senator Mark Udall will hold a Town Hall Meeting in Fort Collins next Wednesday, January 18. He will be here to discuss how he can partner with business and community leaders on policies that will help create jobs and spur the economy. He wishes to talk to community members about issues important to the region and his role in helping to bolster the local economy. Please note that seating is limited, and ... Full Story
The Vatican meets the Wall Street occupiers
The Vatican meets the Wall Street occupiers By E.J. Dionne Jr. Opinion Writer Will we soon see a distinguished-looking older man in long, white robes walking among the Occupy Wall Street demonstrators in New York’s Zuccotti Park? Is Pope Benedict XVI joining the protest movement? Well, yes and no. Yes, the Vatican’s Pontifical Council for Justice and Peace issued a strong and thoughtful critique of the global financial system this week that ... Full Story
Media choice: Economics or Bachmann’s outfit?
The election game is back as the media turns away from political economics and towards the banality of politicians. "]And so it came to pass, as predicted, projected, and warned about, that the economy is about to tank again. No less an authority than Nouriel Roubini, once dismissed as "Dr Doom" for his predictions - entirely accurate - of the 2008 financial crisis, is shaking his head and pointing his finger again. In intellectual circles, there is more and more talk about the ... Full Story
