There’s a lot more that’s frozen in D.C. this week than the usual fallout from a blizzard. The brains of many Senate Republicans are on ice as well. The House passed a jobs bill in December, but the Senate is dawdling, and worse—threatening to pass bits and pieces, taking apart what should be a comprehensive approach to jobs and turning it into minced cabbage.
|By: emptywheel Monday December 14, 2009 10:01 am|
The Economic Policy Institute provides a much needed counter-weight to those cheerleading the use of Cadillac-as-Chevy taxes to pay for the Senate health care bill. It shows, generally, that the millionaire’s tax used to fund the House bill is far more progressive than the Cadillac-as-Chevy tax used to fund the Senate bill, which ends up taxing those at $20-30,000 more than it taxes those at $500,000 to 1 million a year.
|By: Tula Connell Thursday December 11, 2008 1:30 pm|
The unemployment figures were so bad Friday—half a million U.S. jobs lost in one month—some in the corporate media actually sounded a bit alarmed. Still, the overriding impulse of mainstream journalists is to look on the bright side.
Like NPR for instance, which offers a handy chart showing how unemployment was worse in the early 1980s than it is now.
|By: Tula Connell Thursday May 8, 2008 10:00 am|
Good news. Just found out author Jared Bernstein can join us for a short time. Help me welcome Jared, a progressive economist at the Economic Policy Institute here in Washington, D.C. Jared can discuss anything from “guns vs. butter,” to “how the capitalists killed capitalism”—and make it understandable.
Economics is scary.