I really enjoyed watching Paul Krugman on Morning Joe today, responding to the paid deficit hawkery of Very Serious People Ed Rendell and Richard Haas. (Watch for the return of the invisible bond market vigilantes!) He talked about why there's
Austerity is perhaps the single worst idea to come from the political elite over the past half decade, and that's saying a lot. It hurts people, "punishes" them as George Logothetis points out above. As he also says, it breeds extremism (the Tea
So Mitt Romney has decided to end his presidential campaign the same way he started it. That is, by lying. During what his aides touted as a "major address" in Iowa Friday, Governor Romney charged that while President Obama "inherited a
The 'Economic Suicides': “I have no solution in front of me." -- Antonis Perris of Greece, unemployed for two years before he took the hand of his 90-year-old mother and climbed to the roof of their apartment building and leapt to their
Krugman: If You Don't Know Multiple People Who Are Suffering, You're Maybe A Member Of The Romney Clan
Paul Krugman at Netroots Nation 2012 this Saturday morning: If You Don’t Know Someone Suffering Financially, You Must Be A Romney: PROVIDENCE, R.I. — Economist and New York Times columnist Paul Krugman on Saturday morning called the
The suicide rate is skyrocketing among American troops as numbers have reached nearly one per day in 2012, according to new Pentagon data revealed in a report on Thursday. Over the first 155 days of 2012 154 active-duty troops have
Remember, most journalists don't understand the economy - but that doesn't stop them from pontificating about it. Much handwringing and anxiety over the latest jobs report that the economy added only 69,000 jobs in March, although economists
The economists concluded in a paper published this month by the National Bureau of Economic Research that an increase of 100 foreclosures corresponded to a 7.2% rise in emergency room visits and hospitalizations for hypertension, and an 8.1% increase for diabetes, among people aged 20 to 49.
Newstalgia Reference Room - FDR, during a U.S. Tour, speaks about The New Deal and the accomplishments of his second term and the upcoming 1938 Mid-Term elections.
Federal officials laughed at warning signals, and gushed that Alan Greenspan was totally awesome as the economy headed towards the biggest iceberg in about 70 years. Reading the Federal Reserve transcripts- available here - was much like watching "The Titanic," without the Grammy winning theme song or the romantic sex scenes between Kate Winslet and Leonardo DiCaprio.