Working Life

Certain things I get no pleasure being right about. Like the lack of jobs. But, hey, I said back in July no one should be celebrating short-term hype on the economy. Sure enough…

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You’ve heard repeated as if it’s gospel: tax cuts boost economic growth. Except there has never been any evidence to back up what has to be seen as middle-ages alchemy divorced from reality. And here are some facts to prove it.

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   To return to my theme of "numbers are a bitch"…here is one to chew on: $1.3 trillion. It’s a gap–a BIG gap…and in that number is part of the story of the crisis we’re in.   At this point, after checking in with my colleague and friend Dean Baker, the Gross Domestic Product is […]

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    I have been arguing for some time now that the deficit and debt "crisis" are completely made up and phony. There is no crisis. But, at the very least, if you want to get rid of deficits, there is a simple path: spend MORE on jobs and raise incomes by promoting broad unionization. California […]

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     Earlier today, I wrote about John Boehner’s very loose connection to the actual facts of our economic crisis. Well, in the meantime, Boehner is in trouble with the facts and a whole bunch of Catholic professors. To wit: More than 75 professors at Catholic University and other prominent Catholic colleges have written a […]

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   Rhetoric is a good thing–except when you have the facts wrong. And, boy, the relentless, daily idiocy spewed out of the mouths of our elected officials about the economic crisis is astonishing. Consider, this morning, Speaker of the House John Boehner. Two days ago, Boehner gave a speech to the Economic Club of New […]

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