Articles in the recession Category

The rich get richer, the rest of us need income security. The sad reality and absurdity of our economic situation is on display in today’s New York Times. Two front-page stories, conveniently – thoughtfully? deliberately? – placed next to each other, present two sides of “the economy.” First, because it’s higher on the page, is: [...]

There is a rapid, reliable, responsible way to end the recession. We can achieve that by enacting Citizen Dividends, a guaranteed basic income for every American. Moderate Democrats and Republicans supported guaranteed income in the 1960s — so did leading economists, liberals and conservatives — and a plan to provide it passed in the House [...]

Here’s Tom, writing from Davos: Everyone is looking for the guy – the guy who can tell you exactly what ails the world’s financial system, exactly how we get out of this mess … But here’s what’s really scary: The guy isn’t here. He’s left the building. No, Tom. You’re wrong about that last point. [...]