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It’s now been more than a week since the Cyprus banking crisis erupted, and patterns are beginning to appear for the Eurozone…
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.
Obama’s bargaining strategy and tactics with regard to deficit cutting over the past three years have proven to be an unmitigated disaster.…
Cyprus represents the recognition by the system’s quack policymaking physicians that more than zero interest loans and QE is now needed. The…
A presentation to the Progressive Democrats of America on the current status of Social Security and Medicare and the growing threat by the…
In a February 13 article at Truthout, economist Ellen Brown wrote "How Congress Could Fix Its Budget Woes, Permanently." The essence of…
I have argued in these pages that the current recession is not a normal recession and that there would, therefore, be no…
(The following is an excerpt from this writer’s forthcoming, March 2013 ‘Z’ Magazine article, ‘Income Inequality and Double Dip Recession’. For a…
Economic data reported in recent weeks show the global economy is slowing rapidly across all segments. Nearly the entire European Union, including…
Tonight, February 12, 2013, President Obama delivered his State of the Union address. He concluded with an emotional appeal for gun control,…
US GDP data released on January 30, 2013 for the fourth quarter 2012 showed a decline in GDP of -0.1% for the…