Many economic analysts have seized on several recent economic reports to claim that the economy has bottomed out and that the upturn…
Dean Baker
Apparently we have to give them more than $200 million in bonuses to give them enough incentive to lose taxpayers billions of…
As a result of incredible economic mismanagement and the greed and incompetence of the financial industry, the country is in the worst…
It is in fact very difficult to see any policy reason why the Obama administration feels more need to run the auto…
Treasury Secretary Timothy Geithner wants to have the government lend up to a trillion dollars to hedge funds, private equity, funds and…
The unemployment rate jumped to 8.5 percent in March as the economy shed another 663,000 jobs according to the Bureau of Labor…
More than 12 million workers in the United States are currently unemployed, with the number rising rapidly. The problem with the economy…
The new consensus among the experts who missed the housing bubble (EMHB) is that Treasury Secretary Tim Geithner’s plan to subsidize the…
Treasury Secretary Timothy Geithner’s latest bank bailout plan is another Rube Goldberg contraption intended to funnel taxpayer dollars to bankrupt banks, without…
The debate over the A.I.G. bonuses is class war in its full naked glory. On the surface, everyone agreed that paying multi-million…