Tag Archives: Economic Recovery

Larry Ray : Congressional Kabuki and the Constitution

Graphic by Larry Ray / The Rag Blog. Though none of our elected officials actually got made up in classical white face, their outraged and out sized exaggerations, both facial and verbal would have qualified them for a Kabuki casting … Continue reading

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Sherman DeBrosse : An Economic Enema to Chill the Meltdown

People walk to work in the snow as they pass the flag-draped New York Stock Exchange Monday, March 2, 2009. Photo by Mark Lennihan / AP. The Geithner Plan may be good economics but it probably is terrible politics. By … Continue reading

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James Howard Kunstler : Downscaling our Lifestyle

Miniature City by Theo Elsworth / Art Capacity.‘Consumerism’ Is Dead — Can Obama Lead Us to a Downscaled Lifestyle? In the folder marked ‘unsustainable’ you can file most of the artifacts, usufructs, habits, and expectations of recent American life: suburban … Continue reading

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‘Bank Holiday’ Coming? Obama and the Crippled Economy

The Bush near-depression spirals downward while President Obama’s powers to act seem circumscribed . . .there are many interrelated parts of this deep economic crisis. Nothing improves until the banks are again stable and are lending money. The banks in … Continue reading

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Big Oil Led the Fight Against the Stimulus Plan

North Carolina millionaire businessman and former state legislator Art Pope is a director of Americans for Prosperity. Why would an organization funded by oil and gas interests be hostile to the economic stimulus plan? Could it be the $50 billion … Continue reading

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Off and Running : Recovery Bill Big on Transit, Green Energy, Science

Obama Recovery program provides $8 billion for high-speed rail. Pictured is a high speed rail project that Californians voted for in 2008.Progressives, Obama keep promise to jumpstart clean energy, economy. By Joseph Romm / February 14, 2009 Years from now, … Continue reading

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Larry Ray : Rebublican Obstructionists Still Don’t Get It

Graphic by Larry Ray / The Rag Blog. Instead of thinking about America first and a looming, worsening recession, these Righteous Right-wingers are thinking mostly of themselves and their political futures. By Larry Ray / The Rag Blog / February … Continue reading

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David MacBryde in Berlin : A Look at the Ecomonic Sea Change

Allgemeine Zeitung: ‘The World Hanging in the Air.’ Photo by David MacBryde / The Rag Blog.Seeing the Sea-Change in Germany and in the USA What kind of “growth” is possible and desirable, what is impossible or dangerous on the thin … Continue reading

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James Howard Kunstler : ‘Economic Recovery’ and a Poverty of Imagination

James Howard Kunstler has a comprehensive and blistering view of the current crusade to stimulate the economy; he thinks it won’t work and that it’s based on obsolete and wrongheaded assumptions. He believes a basic change in attitude is required; … Continue reading

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Roger Baker on the Economy : The Pit and the Pendulum

It’s as if the economic pendulum has been made, by artificial means, to swing so far to one side for so long that it’s now becoming nearly impossible to keep it from swinging back strongly in the opposite direction of … Continue reading

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Behind the Daschle Headlines : Blacklisting of Progressive Economists

Progressive left out of the picture: Portrait of Leo Hindery from the July 14, 2007 New York Times. Photo by Damon Winter / NYT. ‘Leo Hindery, one of the few business leaders to use his wealth to challenge deregulation, corporate … Continue reading

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Joseph Stiglitz : Should We Bail Out of the Bailout?

Stiglitz: ‘The hope that President Obama will be able to get us out of the mess is tempered by the reality that throwing hundreds of billions of dollars at the banks has failed to restore them to health, or even … Continue reading

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