Posted on 26 March 2008. Tags: Alan Greenspan, Barack Obama, Bear Stearns, Class Warfare, Dean Baker, Economics, Federal Reserve, Financial Crisis, Hillary Clinton, Paul Krugman, Paul Volcker, Robert Rubin, Ron Blackwell, Subprime Mortgages
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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Posted in General Interest
Posted on 17 November 2007. Tags: Barack Obama, Hillary Clinton, Paul Krugman, Social Security, Urban Myths
Yesterday, I riffed on the issue I had with Barack Obama’s comments about Social Security and, generally, about the impulse of too many Democrats to buy the framework that there is some "crisis" in Social Security. Today, Paul Krugman picks up the case (I would say that Krugman was copying my post but really […]
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Posted in General Interest
Posted on 21 May 2005. Tags: China, Economy, Paul Krugman
I’ve talked alot about China and specifically about the hand-wringing over the question of China’s currency. Paul Krugman addresses this today—quite well, I think. He tells, in fairly accessible language for an economist, how the U.S.-China relationship works: China is keeping its currency lower than it should be for a country where investment is flowing […]
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Posted in General Interest
Posted on 13 May 2005. Tags: Alice Walton, Labor, Paul Krugman, Wal-Mart
So, what would you do if you were, along with your mommy, the richest woman in the world, but your workers either can’t afford health insurance or have to pay through the nose to get pathetic insurance and, as a matter of policy, your CEO tells the world that your company doesn’t expect its pay […]
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Posted in General Interest