Budget Wars! The Middle Class Loses Big Time


APR 8, 2011 10:01 EDT | Reuters |

Now that federal budget wars are threatening an adult-sized time-out for the principals involved, it’s a good time to examine what’s at stake for most of America.

Not doing anything to reduce the size of government debt will be catastrophic. Not much quibble there. But acting hastily and cutting the wrong things can be even more costly [...]

Joseph Stiglitz on the Budget and ‘the 1%’


Nobel Prize-winning economist Joseph Stiglitz was Amy Goodman’s timely guest on “Democracy Now!” on Thursday, giving his much-needed perspective on the proposed 2012 budget and his must-read Vanity Fair article, “Of the 1%, by the 1%, for the 1%.”