Working Life

The government’s deficit and debt are not a big crisis. It’s not even a little crisis. It’s not a crisis at all. What is most disturbing is how many liberals/progressives have thrown in the towel and are basically taking the line "there is a crisis but we have a better way of dealing with it". […]

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This coming week, the drumbeat will get louder with the rhetoric about the phony government debt/deficit "crisis". I’ll be writing more about this in conjunction with my new book, "It’s Not Raining, We’re Getting Peed On: The Scam of the Deficit Crisis". Today, I thought I’d focus on this specific point: debt is not a […]

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I have a new book out today: It’s Not Raining, We’re Getting Peed On: The Scam of the Deficit Crisis. You can get it here at the site or get a really cool version on Kindle or Nook–click the image over there on the right for more details.  {attachment id=162 size=medium}    The upshot can […]

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    Frankly, this is good news: WASHINGTON—The bipartisan commission examining how to cut the federal debt ended three days of closed-door meetings Thursday without a firm agreement among its 18 members, with several saying the panel was still at odds over how to contain the ballooning costs of health care.    The Commission should just […]

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   I am so tired of listening to the transcribers of press conferences (people we used to call "journalists") speaking about the debt or deficit "crisis". They just regurgitate crazy, phony stuff–and the height of all this came yesterday with the release of the proposals by the co-chairmen of the Commission appointed by the president. […]

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The secret money flowing into organizations trying to buy the November election for the Republican Party is motivated by a simple idea: greed. Sure, there is some rhetoric about "smaller government" and ranting about the evils of national health care. But, at the end of the day, it’s about extremely rich people never having enough. […]

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Count me in the group, perhaps small, that is unimpressed with the pledge by a group of billionaires to give away large parts of their fortune. Not because I oppose the idea of philanthropy. Rather, the announcement obscures a reality: very little of the money will go to challenging the root causes of the incredible […]

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   There is a lot of talking about the coming debt burden on companies: Maybe they should have, because 2012 also is the beginning of a three-year period in which more than $700 billion in risky, high-yield corporate debt begins to come due, an extraordinary surge that some analysts fear could overload the debt markets. […]

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   It is going to take the concerted effort of a lot of voices to overcome the noise being generated by the people who would like us to think that economic salvation is at hand. So, we need to keep pointing out some harsh realities facing real people. For example: The number of Americans filing […]

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   The drumbeat about the long-term debt is continuing. But, we are not having a serious debate about the origins of the debt or its solutions. If you want to address the long-term debt, the only solution is a "Medicare For All" system that kills the private health insurance industry.   The newest alarm is […]

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