Recent Republican jobs proposals

The Republican Party opposes President Barack Obama’s jobs bill, which Macroeconomic Advisers says will boost America’s GDP and add more than 2 million jobs in the next two years. (See also former McCain campaign economist Mark Zandi — who says the bill would create 1.9 million jobs next year.) But it’s not as though Republicans [Read More...]

Proclaim liberty throughout all the land

My plan for economic recovery is as all-American as the Liberty Bell and as “values-voter” friendly as the Ten Commandments. Here it is: Declare a year of Jubilee — “proclaim liberty throughout all the land unto all the inhabitants thereof.” And no, I’m not kidding. Neither are some economists, as Jennifer Ablan and Matthew Goldstein [Read More...]

Sept. 30, 1934, Fireside Chat, President Franklin D. Roosevelt

To those who say that our expenditures for Public Works and other means for recovery are a waste that we cannot afford, I answer that no country, however rich, can afford the waste of its human resources. Demoralization caused by vast unemployment is our greatest extravagance. Morally, it is the greatest menace to our social [Read More...]

'We know how to get out of this mess'

We have a lot of work to be done, just waiting for people to do it. We have a lot of people without work to do. This really isn’t complicated. Here’s Dean Baker this morning for the Center for Economic Policy and Research: We know how to get out of this mess, we have known [Read More...]

'Nobody in this country got rich on his own'

That’ll preach. [Read more...]

Mark Speese, Queen of putrescence

This is not a post about government regulations or legal consumer protections. Nor is this a post about financial education, personal responsibility and helping the working poor to make smarter choices. What this post is about, rather, is this: That’s Margery Mason in The Princess Bride, in a role listed in the credits as “The [Read More...]

Phone calls carry more weight than emails

Macroeconomic Advisers LLC says President Barack Obama’s American Jobs Act “would give a significant boost to GDP and employment.” The various tax cuts aimed at raising workers’ after-tax income and encouraging hiring and investing, combined with the spending increases aimed at maintaining state & local employment and funding infrastructure modernization, would: Boost the level of [Read More...]

When the free market gives you free money, take it

The U.S. Mint has been trying to promote the use of $1 coins, offering free shipping to those who “purchase” large quantities of the more durable, more efficient currency. Some credit card banks promote the use of their cards by offering frequent flyer bonus miles as a reward. The more you purchase with those cards, [Read More...]