Obama

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.

Bye Bye Chained CPI and Other Budget Surprises

The Obama administration is finally abandoning their endorsement of chained CPI for next years budget.  The reason is probably not good economics, but political.  Election season is near and this is just one of many policies the Obama administration endorsed which raised the ire of the retired.  A refresher, chained CPI is another method to adjust for cost of living increases at a reduced rate than what is currently used, CPI-W.

The Latest Never Ending Adventures in Corporatism Via the TPP

What a world, what a world, what a world.  Wikileaks has published more secret Trans-Pacific Partnership Agreement documents, revealing more and more how the United States represents large corporations and not the citizens of the nation.  The Huffington Post said it best.  They published a large front page photo of President Obama with the glaring headline, Company Man.

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.

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.

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