I'm surprised the Federal Reserve hasn't raised interest rates yet as it's been rumored for a good year. But the time is coming, despite Janet Yellen doing some work to forestall it thus far. And it is a bad idea because not only is inflation...
economy
Looking at real GDP is pretty strong evidence that this is not a "recovery" at all but rather a very long stagnation. Why? I'd argue for the combination of a.
Connie Hedegaard, the EU Commissioner for Climate Action, had a piece in the Guardian a few days ago on the urgent need to combat climate change. She's completely right of.
The Republicans have decided to back the payroll tax extension, fearful of being painted as anti-middle class in the coming elections. As Kos noted in a tweet, there's no way this happens without Occupy Wall Street. This is concrete evidence of how OWS has changed...
Sarah Jaffe has an excellent if depressing piece about the recent spike in consumer debt: So why the jump in buying on credit, if people still don't have money to.