With the deal announced to raise the debt ceiling and instill trillions in cuts during a recession, it is time to declare the that the right owns the economy. So just how bad is this deal? Here’s Paul Krugman’s take: For the deal itself, given the available information, is a disaster, and not just for […]
I have never been a big gamer, well except for SimCity. That has been the one game I have been hooked on since it first came out 20 years ago. You are the mayor of a city and you have a budget. You decide where the funds go, and what areas get zoned what. If […]
Economics and job creation once again takes center stage in Barack Obama’s weekly address: >
Again – we have become more like a third world nation under the Bush administration than a thriving super power. Republican economics do not work: New government figures show that almost 700,000 children went hungry in the United States at some point in 2007, up more than 50 percent from the year before to mark […]
Citigroup is getting ready to announce thousands of job cuts. They are also looking for new money and some of that money is coming from Saudi Arabia. So we now have that nation’s largest bank being sold in chunks to other nation’s. Bush economics are great!
Iraqis face the dire prospect of losing up to $200bn (£116bn) of the wealth of their country if an American-inspired plan to hand over development of its oil reserves to US and British multinationals comes into force next year. A report produced by American and British pressure groups warns Iraq will be caught in an […]