Recently in Economy Category

Republicans: You spent my generation's tax dollars, and left destruction behind. We are now paying, using the next generation's future tax dollars, for your mess, and mistakes. Stop telling us we're socialists. We're problem solvers. The problems we're solving? Created by you. We'd love to stop spending the next generation's tax dollars - but we can't pay the debts left by you and fix your mess and run a nation and fight two wars...

Unfortunately, the Republicans love to come up with tags for Democrats that are designed to get the public to run away scared. In the 1950s it was "communists". Unfortunately for them, Joseph McCarthy took things too far and that label eventually was useless. In the 1980s and early 1990s it was "liberal." That was enough to get people running. However, the term liberal doesn't have the same oomph that it once had. So, the current...

Two of the most-heard reasons from the Tea Party protesters as the explanation for their discontent (those who aren't screaming Marxist, Muslim, alien, that is) are that their taxes are too high and government spending is out of control. Crooks and Liars has a list of Ten Lessons for Tea Baggers, here are three which prove how misguided the protesters are on those two counts, not that they would let something like facts get in...

The long-awaited Senate Finance Committee version of health care reform (photo at left), better known as the Baucus Bill because he is about the only person who likes it, was finally released yesterday, raising the question--this is what we waited so long for? But then again, I guess something this completely and thoroughly bad can't be written overnight. Rome wasn't built in a day and neither was the landfill where this particular piece of...

While the debate on health care reform is receiving the lion's share of attention, something else is looming on the horizon for President Obama and the Congress, something which the president will address today when he goes to New York--the financial institutions that were considered too big to fail are even bigger, and Wall Street is up to it's old tricks again. "The failure of Lehman, the biggest bankruptcy in U.S. history, and the panicky...