Congress

How to Create 5.8 Million Jobs Pronto - Stop Currency Manipulation

Want to know how to create up to 5.8 million jobs in three years?  End currency manipulation.  So says a new study released from the Economic Policy Institute.  If currency manipulation was stopped, the U.S. trade deficit would shrink by up to $500 billion in three years, annual GDP would increase up to $720 billion, the federal budget deficit would be reduced by $100 billion each year and 40% of the new jobs created would be in manufacturing.

Corporations Hoard Cash While Americans Go Without A Job

The amount of cash multinational corporations are stashing is at an all time high and economists are wondering why.  A recent Federal Reserve research paper examined some of the reasons.  A big one is multinationals pay no taxes on profits if they park them offshore.  A stash of cash is building and the miser pile is now a mountain.

Congressional Scrooges Deny Unemployment Benefit Extension

The latest budget deal does not extend unemployment benefits for some of the long term unemployed.   This means without some Congressional action, unemployment benefits will only be available for 26 weeks in 2014.  The current average time to be officially unemployed is 37.2 weeks, far exceeding the time one can receive regular unemployment insurance benefits in most states.

Does America Really Have to Suffer Through Yet Another Congressional Psychodrama?

Congress at the midnight hour has passed a deal to re-open the government and raise the debt ceiling, yet this deal is amazingly short lived.  The political theater has been unbelievable and once again the problem with America's economy is completely irresponsible politics versus external events.  Instead of focusing in on the responsible thing, which of course is to not destroy the United States and global economy, the press is now having a field day with who blinked first in this very dangerous game of political chicken.

Sunday Morning Comics - Shutdown & Debt Ceiling Edition

Brought to you by the GOP - Manufacturing artificial crises one at a time to rob you blind....again.

 

Good Morning! Rise and Shine! Get that Cup O' Joe...
break out the O.J....hang out with the pooch...for it's time to check out the funny slams and bams of government shutdown and economic Armageddon.

 

It's not the Stupidity, It's the Money Behind the Shutdown Crisis

In This Crisis It's Not Stupidity, It's the Money: Three Relevant Laws

There are three basic laws about discussion, especially political discussion, that are useful in the contentious government situation we have today.  The third of these laws is especially relevant because it warns us that what is happening in Congress is not a passing aberration, but in fact a threat to democracy in our country.

Shut Down!

Our government, especially House Republicans, are such an embarrassment to the nation at this point it is hard to write about it.  The insanity knows no bounds as they continually play a game of chicken with the United States economy in order to get their way, even when these shenanigans are condemned by the American people.

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