The National Debt: Apocalypse Now

“The car has already hit the tree and the bumper is already in the process of buckling inward, so there is no time to turn the wheel or fasten seat belts. It is too late to ...

The New Wild West Economy

The financial geniuses who caused, yet failed to predict, the world’s financial collapse are not doing much yet to avoid another crash. Given that I didn’t predict it ...

Obama: Slowly but Surely Stealing our Retirement Savings

There’s an old story variously ascribed to any number of inscrutable Chinese men: how do you get the cat to bite a hot pepper? Zhou En Lai (or Mao, Chiang Kai Chek, or ...

Leave It to the Markets

If the Dow plunges a thousand points in 10 minutes, what should we do about it? Other than scrape that brown stuff off the insides of our underpants as we contemplate the wreckage ...

Quit Blaming Wall Street

Much as it pains me to do so I fear that I must praise a left leaning economist. Dean Baker, please stand up and take your bow. He’s told the truth, always a bad career move ...


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