Tags: deficit

“Deficit” Is the Wrong Word and Concept

December 26th, 2012
in Op Ed

The hour is late and politicians on both sides of the Atlantic are attempting to shrink the social welfare state in the name of a lack of funds.  Barack Obama has made it now abundantly clear that he is no friend to Medicare, Medicaid and Social Secur… more »

If the Deficit Disappeared, Where Would the Deficit Hawks Find Work?

November 14th, 2012
in Op Ed

That doesn't seem likely at the moment, but there would be some real justice in this story. After all, the deficit hawks have used the deep pockets of their backers and their connections with prominent politicians and media figures to completely misre… more »

One Simple Measure That Would Save Social Security and More

August 23rd, 2012
in Op Ed

By Joe Firestone (Cross posted at Correntewire.com) The Fiscal Times is a digital rag funded by Peter G. Peterson to propagandize the ideology of neoliberal austerity. Today, a Post by Josh Boak highlighted the proposal of “fixing” Social Security by… more »

The Rain In Spain Falls Mainly On The Journalists It Seems

January 8th, 2012
in Op Ed

Things in Spain are never exactly what they seem to be. This is a painful lesson that even Angela Merkel must have learnt in recent days, especially since she put her credibility so much on the line in backing the country’s deficit reduction efforts. “Sp… more »

Price Level Adjustment Failure in Euro Zone

September 24th, 2011
in Announcements

by Dirk Ehnts Today, Eurofound (don't ask) has published pay developments for the European Union, which includes euro zone members. Let's start with the results: Figure 1: Average nominal collectively agreed pay based on collective agreements databa… more »

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