Politicians often prefer complex solutions to simple problems. Nowhere is this more apparent than with the long list of complicated and convoluted…
Dean Baker
Those following the meeting of President Obama’s economic advisory committee could not have been very reassured by the presence of Robert Rubin…
President Obama will have a historic opportunity to establish himself as a truly great president in his first days in office. He…
That’s right, the former Maestro told Congress last week when asked about the meltdown of the housing bubble and the resulting financial…
Economist Dean Baker discussed the current economic crisis and it’s causes. Note: Audio levels are a little low
Advocates of cutting social security and Medicare in the US are using the financial crisis as a pretext to further their agenda.…
To help sell his bailout package last month, President Bush raised the specter of the Great Depression. This was sleazy politics. While…
For the last month, most of the world has been watching the Wall Street gang drowning in their own greed as they…
The current economic crisis is the result of an extraordinary period of extreme economic mismanagement. The world’s central banks, most importantly the…
The Wall Street bailout doesn’t address the core problem facing the US economy: house prices that are continuing to fall… The U.S.…