19 Million Jobs For U.S. Workers: The Impact Of Channeling $1.4 Trillion In Excess Liquid Asset Holdings Into Productive Investments

A new report is available at the Political Economy Research Institue, PERI. 19 Million Jobs For U.S. Workers: The Impact Of Channeling $1.4 Trillion In Excess Liquid Asset Holdings Into Productive Investments Pollin, Robert | Heintz, James | Garrett-Peltier, Heidi | Wicks-Lim, Jeannette | 12/5/2011 Download the full report from the PERI Website 1.2 MB [...]

From Occupy Wall Street to Occupy Nation in just two months

This is a real populist movement–against our financial and political plutocracy Aricans who flew bombing missions in World War II had a saying: "You know you’re on target when you start getting a lot of flak." The protesters in today’s nascent "Occupy Wall Street" movement must really be on target, then, because–boy!–they’re enduring an unrelenting [...]

Featured Articles and Reports on the Project on Defense Alternatives, PDA

Below is a Listing of Recent Articles and Reports on the Project for Defense Alternatives Site Going for Broke: The Budgetary Consequences of Current US Defense Strategy. (printable .pdf version) by Carl Conetta, PDA Briefing Memo #52, 25 October 2011. Shows how the Pentagaon’s adoption of more ambitious goals, strategy, and missions after the Cold [...]

China Economic and Security Review Commission (USCC) released its 2011 Annual Report to Congress

Press Release:  Alliance for American Manufacturing (AAM) This morning, the Congressionally created, bipartisan U.S.-China Economic and Security Review Commission (USCC) released its 2011 Annual Report to Congress. Said Scott Paul, Executive Director of the Alliance for American Manufacturing (AAM): “This morning’s annual report from the USCC is the latest wake-up call for Washington regarding China’s [...]

The Benefits of Medicaid | Mother Jones

The Benefits of Medicaid | Mother Jones  — By Kevin Drum | Thu Jul. 7, 2011 8:45 AM PDT When education researchers study charter schools, the gold standard is to compare kids who won a lottery to get in with kids who lost the lottery. That way you can be pretty sure that the kids [...]

The Sorrow and the Pity of Economists (Like DeLong) Not Learning from Their Mistakes « naked capitalism

The Sorrow and the Pity of Economists (Like DeLong) Not Learning from Their Mistakes « naked capitalism By Yves Smith on Naked Capitalism Thursday, July 7, 2011 I hate to seem to be beating up on Brad DeLong. Seriously. As I’ve said before, he is one of the few economists willing to admit error and [...]

The Budget Fight: Over Before It Began

The Budget Fight: Over Before It Began   The Budget Fight: Over Before It Began Posted 07/06/2011 at 10:26 AM The stars are now in alignment for Democrats to capitulate to a draconian ten-year budget deal as the Republicans’ price for agreeing to raise the debt ceiling. Senate Budget Committee Chairman Kent Conrad’s fiscally conservative [...]

Alternatives to Austerity for State and Local Governments

The Political Economy Research Institute, PERI  has completed a new study on alternatives to austerity and budget cuts for states and local governments. The Great Recession has created fiscal crises for state and local governments. In response, leaders of both parties are advancing agendas to downsize state and local governments by cutting taxes, slashing wages [...]

Greece: The Trial and Death of Austerity

European protests against government cuts reach their height in Athens. The American Prospect By Yannis Palaiologos | June 6, 2011 | web only On Sunday, for the second week running, protesters gathered in the main squares of major cities across Europe to voice their opposition to the wave of austerity that is sweeping the European [...]

Off Shoring Ruined Incomes and Jobs for Most Americans | The Economic Populist

Off Shoring Ruined Incomes and Jobs for Most Americans By paul craig roberts The free trade theory set out by David Ricardo at the beginning of the 19th century is merely a special case, not a general theory. These are discouraging times, but once in a blue moon a bit of hope appears. I am [...]