Robert Reich, Robert Reich's Blog. October 5, 2009. The federal government should be spending even more than it already is. This is the only way to put Americans back to work. We did it during the Depression. It was called the WPA.
Robert Reich, Robert Reich's Blog. June 12, 2009. The government has to create larger deficits if the economy is to get anywhere near full capacity again.
Thom Hartmann, Smirking Chimp. April 16, 2009. The Geithner/Summers plan seems to hinge on reinflating the debt bubble. The outcome will be inflation, a more serious crash, or both.
Harry Hanbury, AlterNet: Corporate Accountability and WorkPlace. April 7, 2009. The credit card lobby is finding itself on the defensive, and turning out in force to oppose legislation from Congress.
Amanda Terkel, Think Progress AlterNet: PEEK. March 21, 2009. Palin owes more than half a million dollars "to an Anchorage law firm that has defended her against ethics complaints ... "
David Vine, Foreign Policy in Focus. March 10, 2009. Our overseas military bases are pushing the nation deeper into debt and making the United States and the planet less secure.
Jose Garcia, Demos.org. March 3, 2009. Tax cuts in Obama's stimulus bill didn't do much to address the increasing debt burden faced by the household family.
Jeffrey J. Williams, Dissent Magazine. February 5, 2009. College student-loan debt has revived the spirit of indenture for a sizable proportion of contemporary Americans.
Ed Kemp, Reuters. January 24, 2009. Soft measures won't cut it: We need widespread corporate defaults, debt write-downs, and inflation to reduce the burden of what we all owe.
Jeff Madrick, The Nation. December 30, 2008. The U.S. is no longer merely in crisis; it is in a state of emergency. And it will take more than re-regulating Wall Street to fix it.
Daniel Denvir, AlterNet. November 26, 2008. A special debt audit commission released a report charging that much of Ecuador's foreign debt was illegitimate or illegal.
Brad Stone, The New York Times. October 24, 2008. Big Finance's pursuit of struggling American consumers is one of the overlooked causes of the debt boom and the resulting crisis.
Andrew J. Bacevich, Tomdispatch.com. September 11, 2008. The squandering of vast resources after 9/11 and our slide toward debt and dependency pose a greater threat to the U.S. than Osama bin Laden ever did.
Danny Schechter, AlterNet. August 12, 2008. While everyone's watching the housing meltdown, few are paying attention to the next bubble expected to burst: credit cards
Barbara Ehrenreich, Barbaraehrenreich.com. July 29, 2008. In a culture where credit rating is the key measure of self-worth, the increasing response to huge debts is "Just shoot me!"
Dr. Michael J. Breus, Huffington Post. June 20, 2008. For too many Americans, debt-triggered stress is leading to a host of health problems, including lack of sleep.
Todd Tucker, Eyes on Trade. April 4, 2008. Mexico stands to lose an amount equal to 3 percent of their GDP due to the over-reliance on the U.S. export market.
Nomi Prins, Newsday. February 2, 2008. We can't solve our economic pain with another handout -- we need to regulate excessive exorbitant rates and nontransparent lending practices.
