“The remarkable thing is how consistent employment growth has been over the past three or four years,” said Mark Zandi, chief economist at Moody’s Analytics.
Post Tagged with: "austerity"
Since Greece failed to thrive after the austerity measures forced upon them, now those who called for them are denying it ever took place.
Rather than using the period after the 2007 financial crash to clean their books, banks have increased their derivatives and credit default swaps.
The people of Greece have a tough road ahead of them.
It’s been said that if the workers of the world ever truly unite, there would be an end to poverty and exploitation.
What do you do when all of your economic predictions turn out to be 100% wrong? You lie. About everything. All the time.
Those who refuse to learn from the past are doomed to repeat it.
He’s firing himself because he’s useless, but he is still dangerous.
The better the economy gets, the more Republicans are going to freak out and it’s only getting started. Ha. Ha. Ha.
The Belgian Prime Minister was bombarded with fries and mayonnaise by protestors. The women were protesting proposed austerity measures that might make the Belgian national dish about the only thing the people can afford to eat.
At some point we have to stop treating Republican sabotage of the economy as “politics” and call it what it really is: A criminal assault on the people and institutions of this country.
Beyond the disaster itself, it’s tragic that even more programs for the elderly, disabled and children will be attacked in the selfish demands for offsets.
The bottom line is simple. Austerity has been an immoral failure for the middle class and the poor.
Carmen Reinhart and Kenneth Rogoff are the equivalent of economic superstars to the right-wing, and as it turns out, are economic con-men, using bad math and cherry picked data to create the results desired.
The GOP is the party of the 1%. They’re not even bothering to pretend they care about the rest of us anymore.
Considering our recent growth in the jobs market, despite a tax increase and uncertainty about the sequester, it’ll be interesting to see what happens in March and April.
The Donald’s amenable, but are White House Tours essential to the Secret Service’s mission? And can the President accept private donations to cover programs cut by the sequester?