Browsing the blog archivesfor the day Wednesday, November 21st, 2012.

Krugman, Klein, Twinkies, and the Dragon of Inequality

Obama Administration

Ezra is so good at explaining things:

Visit for breaking news, world news, and news about the economy

Executive Summary: The American Way of Business — increase profits by squeezing employees and suppliers to lower cost — amounts to an economic death spiral. See also “How Obamacare Affects Bad Business Practices.”

Paul Krugman:

Along the way, however, we’ve forgotten something important — namely, that economic justice and economic growth aren’t incompatible. America in the 1950s made the rich pay their fair share; it gave workers the power to bargain for decent wages and benefits; yet contrary to right-wing propaganda then and now, it prospered. And we can do that again.

Can’t say that often enough.

Share Button

Cease Fire?

Obama Administration

There are news reports of a cease fire between Israel and the Palestinians, possibly brokered by Hillary Clinton.

Share Button

    About this blog

    About Maha
    Comment Policy

    Vintage Mahablog
    Email Me

    Support This Site

    eXTReMe Tracker

      Technorati Profile