Dean Baker: The middle class is getting whacked by the Great Recession. Fifteen million people are out of work, another 9 million workers can only find part-time jobs, and millions more have given up looking for work altogether. This pain is infuriating for two reasons. First, this was an entirely preventable disaster; second, we know how to get the economy out of this mess. If this disaster was preventable and we know how to get out of it, why didn't our leaders try to stop it before it happened? Why don't they take the steps necessary now to get the economy moving again? The answer to both these questions is simple; the politicians work for someone else. Click here to read more.
Compared to the disasters in Haiti and the 2004 Asian Tsunami, the wallets have been slow to open, especially among Islamic nations and China, prompting the U.N. General Assembly to organize a high-level session to reap more pledges.
America's business leaders need to figure out how to help America's middle class join the global economic party -- or face a populist backlash which will make Barack Obama look like Milton Friedman.
The recession has given a fresh burst to the fraudulent management consultancy industry, as corporations beg to be told where to apply the leeches.
The U.S. has pledged $150 million to Pakistan's flood victims while we've spent over $100 billion this year on military maneuvers to defeat the Taliban in Pakistan and neighboring Afghanistan. This is bizarre and shameful.
Why has the misperception that Obama is a Muslim increased over time? As Republicans and independents view Obama more unfavorably, they're likely to be more receptive to negative information about him, including false claims about his religion.
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