Real information and actual facts

This is how newspapers are supposed to work when they’re doing their job. First, a reporter does his job, taking a look at the economic reality facing the paper’s readers and the actual effects that proposed government policies will have on that reality. Michael Symons’ article “As poverty rises in NJ, cuts target aid” did [Read More...]

Paul Ryan's "fundamentally immoral" plan to privatize Medicare

From The Economist: Mr Ryan’s plan ends the guarantee that all American seniors will have health insurance. The Medicare system we’ve had in place for the past 45 years promises that once you reach 65, you will be covered by a government-financed health-insurance plan. Mr Ryan’s plan promises that once you reach 65, you will [Read More...]

April 4

“The issue is injustice,” Dr. Martin Luther King Jr. said in his final speech. “The issue is the refusal of Memphis to be fair and honest in its dealings with its public servants, who happen to be sanitation workers.” That was 1968. Here in 2011, of course, we honor Dr. King with a national holiday [Read More...]

The three-step test for inflation

David Leonhardt writes about the irrational inflation fears of the Federal Reserve and the enormous human toll of policies driven by such fears. The New York Times headlined his piece “As Economy Sputters, a Timid Fed,” but it may as well have been titled, “Why Do Federal Reserve Officials Hate Working People?” The recovery looks [Read More...]