Yesterday, I observed the bizarre proposal by Sen. Clinton to hand over fixing the economic mess we’re in to the very people who helped create the mess (well, actually, for most workers we’ve been in an economic mess for a very long time–but you’all know that). I wasn’t trying to pick on Sen. Clinton […]
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Jonathan Tasini's Ruminations on Work, The Economy, and PoliticsTag Archive | "Dean Baker"
Sen Clinton, You Want WHO To Fix Our Economic Mess?
Posted on 26 March 2008.
I have been waiting to hear what the presidential candidates have to say about how to address the financial crisis gripping the country, and the international markets. Very little of substance has been said, beyond vague pronouncements—until yesterday. Sen. Hillary Clinton released a plan, which, in my humble opinion, underscores why another Clinton Administration would […]
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Banks, Not Home Owners, Will Make Out Like Bandits
Posted on 06 March 2008.
Just to take a break from my focus on trade, there has been a lot of discussion about how to handle the crisis facing homeowners. I know this will shock everyone but many of the proposals floating around will provide a huge bailout for banks, and not do much for homeowners. So say my […]
Posted in General InterestComments (0)
Banks, Not Home Owners, Will Make Out Like Bandits
Posted on 06 March 2008.
Just to take a break from my focus on trade, there has been a lot of discussion about how to handle the crisis facing homeowners. I know this will shock everyone but many of the proposals floating around will provide a huge bailout for banks, and not do much for homeowners. So say my […]
Posted in General InterestComments (0)
The Coming Recession
Posted on 30 January 2008.
Millions of workers have already been facing their own personal recession for a long time, whether or not the classic definition of a national recession has been met, or found, by the official prognosticators. But, speaking of prognosticators, my friends at the Center for Economic and Policy Research have just released a paper entitled […]
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The Coming Recession
Posted on 30 January 2008.
Millions of workers have already been facing their own personal recession for a long time, whether or not the classic definition of a national recession has been met, or found, by the official prognosticators. But, speaking of prognosticators, my friends at the Center for Economic and Policy Research have just released a paper entitled […]
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A Plan to Protect Homeowers, Not Hedge Funds
Posted on 20 August 2007.
The scam is going to get worse in the housing market. I mean the scam that will let the predators and hucksters, who lured people into bad deals, off the hook, either via Congressional bailouts or actions by the Federal Reserve. And the outcry has to build now so that we don’t let, once again […]
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It’s Not Looking Pretty In The Markets
Posted on 27 July 2007.
Before I cite a few reports on yesterday’s collapse in markets around the world, let me pause for these two observations: 1. This was all predictable. My colleague Dean Baker warned of the housing bubble as far back as 2002. And you didn’t have to be a rocket scientist, or even an economist, to feel […]
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