It was a dream come true for the austerity crowd when Great Britain's conservative/"centrist" coalition government took power in 2010. And for commentators like Slate'sAnne Appelbaum it was that kind of dream. more »
Economic issues make some people's eyes glaze over, so we'll put this plainly: Today's minimum wage is epic in its injustice and Dickensian in its cruelty. It's a shame that Dickens himself isn't here to write about it.
Oh, and we almost forgot: Keeping it this low isn't very smart, either. more »
Economic issues make some people's eyes glaze over, so we'll put this plainly: Today's minimum wage is epic in its injustice and Dickensian in its cruelty. It's a shame that Dickens himself isn't here to write about it.
Oh, and we almost forgot: Keeping it this low isn't very smart, either. more »
Our economy doesn't function well without strong government oversight, regulation and demand-creating "stimulus." We also need strong government to empower and protect us from those (foreign and domestic) who would keep us down and under their control. more »
Note -- see the update at end of post, in which the Romney campaign uses astonishingly doctored audio, to make it seem as if Obama said something he never said.more »
David Brooks says Obama's attacks on Romney's business record are "about capitalism." That's like saying an arrest for vehicular homicide is "about driving." more »
Did Mitt Romney really "create 100,000 jobs" with Staples? Simple answer: only if no one else was selling office supplies, stationery, etc. before Staples came along. What Staples did was force many competing stationery, office supply and computer stores out of business, probably shifting their employees into lower-wage jobs. more »
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