Tag Archives: Recession

Obama Borrows from Jan Brewer — In a Good Way

Remember last week when we learned that Jan Brewer vowed to veto everything until the Arizona legislature passed the Medicaid expansion? On the podcast, I noted that perhaps the president should take note. Well here: The Obama administration on Monday … Continue reading
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Posted in Economy | Tagged , | 1 Comment

Worst Persons in the World. Seriously.

Wells Fargo for this atrocity: TWENTYNINE PALMS (CBSLA.com) — The owners of a modest home near Twentynine Palms lost their cherished possessions after a bank mistakenly foreclosed their residence. A crew broke into Alvin and Pat Tjosaas’ desert home and … Continue reading

Posted in Economy | Tagged , , , | 14 Comments

Romney Said The Economy is ‘Getting Better’

Romney made a big mistake by bringing up the “Are you better off?” question. Two reasons: 1) despite the pesky epidemic of political amnesia in America, people still remember when the economy crashed four years ago, and 2) Mitt Romney … Continue reading

Posted in Election 2012 | Tagged , , , | 3 Comments

Are You Better Off Than You Were Four Years Ago?

My Monday column answers the question posed by Mitt Romney last week with a very loud YES! In a speech filled with misleading statements and nostalgic lines about how wonderful life used to be before President Obama was inaugurated, the … Continue reading

Posted in The Daily Banter | Tagged , , , , , , , , , , | 2 Comments

Newsweek Cover Story is Hilariously Bad

The Newsweek cover story by former McCain adviser Niall Ferguson is hilariously bad. I mean Jonah Goldberg funny. I won’t review the whole thing, but here are some choice passages. He begins with this: Yet the question confronting the country … Continue reading

Posted in Election 2012 | Tagged , , , , , , , , | 14 Comments

We’re Number One!

Well, not really. While so-called “pro-life” anti-abortion rhetoric continues to be a centerpiece of the Republican party platform, America’s fertility rate is on the decline and is now below that of those darn evil socialists in Europe. Likely due to … Continue reading

Posted in End of America | Tagged , , , | 3 Comments

A Positive Note About Friday's Job Numbers

Following July’s addition of 160,000 jobs, if the economy adds 105,000 more jobs per month for the next three months, the Obama administration will break into net job creation numbers. In other words, more jobs will have been created than … Continue reading

Posted in Economy | Tagged , , | 4 Comments

A Positive Note About Friday’s Job Numbers

Following July’s addition of 160,000 jobs, if the economy adds 105,000 more jobs per month for the next three months, the Obama administration will break into net job creation numbers. In other words, more jobs will have been created than … Continue reading

Posted in Economy | Tagged , , | Leave a comment

July Jobs Numbers are Blah

The good news is the July numbers don’t fall in line with June or May, which had collectively prompted alarmists to lean on the backslide-into-recession panic button. That doesn’t appear as likely now. The bad news the unemployment numbers are … Continue reading

Posted in Economy | Tagged , , , | 1 Comment

We Should All Be So Lucky

While Americans are losing their homes without any leeway or help, one of the financial players most responsible for the economic collapse and recession is getting off without being brought up on charges by the SEC. The agency has been … Continue reading

Posted in Economy | Tagged , , , | Leave a comment

President: Eff Austerity

Progress at the G8 summit. President Obama urged European leaders to spend more on economic growth. Confronting an economic crisis that threatens them all, President Barack Obama and leaders of other world powers on Saturday declared that their governments must … Continue reading

Posted in Economy | Tagged , , , , | 3 Comments

Yep, Austerity Still Doesn’t Work

While many conservative “thinkers” and credibility-challenged economists predicted that Britain would see modest growth this year following the implementation of austerity, anyone with a shred of common sense and an interest in empirical reality saw this coming. Britain has gone … Continue reading

Posted in Economy | Tagged , , , , , | 3 Comments

The Wimpy Recovery?

TIME Magazine sucks for this cover story. The headline: THE WIMPY RECOVERY. Yes the economy’s getting stronger, so why does it still feel weak? Uh-huh. Feel? Who cares how it feels? The numbers show real growth in almost every economic … Continue reading

Posted in Economy | Tagged , , | 3 Comments

Is There A Pilot On Board?

Steve Benen and historian Michael Beschloss on the Guggenheim documentary and the scale of the disaster the president inherited. When the narration tells viewers, “Not since the days of Franklin Roosevelt had so much fallen on the shoulders of one … Continue reading

Posted in President Obama | Tagged , , , | 2 Comments

Happy Birthday, Stimulus

Friday marked the three-year anniversary of the American Recovery and Reinvestment Act — the stimulus. Here’s Michael Linden, director for tax and budget policy at the Center for American Progress, to answer the question, “Did the stimulus work?” [Hint: Yes!]

Posted in Economy | Tagged , , , | 1 Comment

Chart of the Day

The economy is growing and the Republican presidential candidates are lying about it. Via Steve Benen from his new place at Maddow Blog the latest GDP numbers in context: Benen notes: It’s important to realize, though, that 2.8% growth is … Continue reading

Posted in Economy | Tagged , , , | 2 Comments

Debtors Prisons are Back…

…and as illegal as ever, but that’s not stopping collection agencies from having people arrested. Take, for example, what happened to Robin Sanders in Illinois. She was driving home when an officer pulled her over for having a loud muffler. … Continue reading

Posted in Economy | Tagged , , , | 12 Comments

Best Person

This guy rules. Just watch. Banks have been screwing homeowners 90 different ways. Nice to see someone screwing back.

Posted in Economy | Tagged , , | 3 Comments

Occupy Wall Street Isn't Anti-Corporation

[My latest for The Huffington Post.] I’ve been listening to right-wing talk radio quite a bit lately. No, I’m not changing sides, and I’m not serving penance for a brutal crime. But I occasionally get caught up in talk radio’s … Continue reading

Posted in Huffington Post | Tagged , , , , | 20 Comments

Depressing Right-Wing Revisionism

As you might imagine, I receive quite a bit of right-wing hate mail. Most of it is your standard off-the-shelf “STFU” loud noises, but, occasionally, I’ll receive an email from someone who at least attempts to make a point. In … Continue reading

Posted in Wingnuts | Tagged , , , | 15 Comments