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The economic ignorance of the Teapublican faction of the Republican party in the US House and Senate is perhaps exceeded only by…
Jack Rasmus
Dr. Jack Rasmus, Ph.D Political Economy, teaches economics at St. Mary’s College in California. He is the author and producer of the various nonfiction and fictional workers, including the books The Scourge of Neoliberalism: US Economic Policy From Reagan to Bush, Clarity Press, October 2019. Jack is the host of the weekly radio show, Alternative Visions, on the Progressive Radio Network, and a journalist writing on economic, political and labor issues for various magazines, including European Financial Review, World Financial Review, World Review of Political Economy, ‘Z‘ magazine, and others.
As the government shutdown, the stock market largely shrugged. Yesterday the Dow Jones actually rose 62 points suggesting investors don't see the…
This past week the US central bank, the Federal Reserve (Fed), opted not to change its current 3rd Quantitative Easing (QE) policy…
Over the past five years the US central bank, the Federal Reserve (Fed), has printed nearly $4 trillion in liquidity (money)…
When mainstream press outlets, like the New York Times, Wall St. Journal, CNN money and others, issue front page articles on a…
On Wednesday, August 28, 2013, the 50th anniversary celebration of Dr. Martin Luther King Jr.’s 1963 March on Washington, commemorative speeches spilled…
For the past several years, the US press, pundits, and apologists for both liberal and conservative politicians in the US have jumped…
On Wednesday, the Bureau of Economic Analysis, undertook a major revision of GDP statistics. The result was a major upward revision of…
My recent article, ‘Economic Recovery by Statistical Manipulation’, written July 29, 2013, forewarned that revisions to US GDP data due on July…
Facing the prospect of a 2nd quarter GDP report showing economic growth less than 1% (some professional forecasting services predict as low…