"In contradiction" best describes the American left today. On the one hand, it is fragmented and dispirited, feeling itself distant from the…
Overdrawn US cities could face financial collapse in 2011, defaulting on hundreds of billions of dollars of borrowings and derailing the US…
A national campaign is now fully launched to make local public sector employees pick up a major share of the costs of…
No one in the US government campaigns these days for the direct government hiring of our many millions of unemployed and underemployed…
One aspect of "American exceptionalism" was always economic. US workers, so the story went, enjoyed a rising level of real wages that…
The end of 2010 brought renewed Washington rhetoric, media hype and academic me-too declarations about the US economy "recovering". We've heard them before…
Once again, the two old wings of the political establishment do business as usual in Washington. In the tax deal between Obama…
Deficits have now risen, yet again, to headline status. Conservatives inside and to the right of the Republican Party frame the national…
The US national debt is the outstanding total of each year’s deficits in the federal government’s budgets (where deficit simply means the…
European financial and political leaders are now imposing a social disaster on Ireland’s people. It parallels and worsens the similar disasters underway…
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