Negotiating with crazy people is always a bad idea and negotiating with hostage-takers is dangerous. But negotiating with crazy hostage-takers is worse than dangerously bad. The “debt-ceiling” deal being negotiated to keep the economy from being crashed could crash the economy anyway. more »
In response to today's terrible jobs report Republicans are demanding that even more government employees, contractors and others lose their jobs. They also demand that even more construction workers and others receiving government contracts lose their jobs, too. They want to do more of what they did in the Bush years, which led to this mess. more »
Austerity -- cutting government benefits and services -- is not the path to fixing deficits. In fact, economists warn that trying to fix a sluggish economy by cutting government spending will just make things worse. Worse yet, this approach can have damaging effects that last into the future. This can be easily shown with simple calculations. more »
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