by Ellen McClennan, posted on Sunday, March 16th, 2014 at 2:42 pm
Hey you Tea Party folks, how’s that ‘drowning the government in the bathtub’ routine going??? How’s that ‘getting rid of government regulations’ working for you, huh?
My neighbor just opened up her Nicor gas bill to see a ONE month charge of $960.00. The month before was nearly $700.00. The bills were double and triple the bills from last year.
No, she doesn’t live in a house the size of a public library. Her house is about 3,200 square feet—large for sure, but not enough to warrant one month’s heating costs of well over $900.
She checked all over her house for changes in her venting, open storm windows, and any heating leak problems she could find. NADA. NONE. Everything sealed tight. Everything.
Michael Greenberger: If somebody understood the economic issues and explained them to the American people, you could easily be elected president by saying you’re going to put an end to the Wall Street hijinks
Center for American Progress Senior Fellow and Director of Climate Strategy Daniel J. Weiss explains why the Carbon Pollution Rule is important for the environment.
Center for American Progress’ Jennifer Erickson, Director of Competitiveness and Economic Growth, describes the Volcker Rule and explains why it needs to be strengthened.
Public spending is under assault from the United States to Europe in the name of fighting deficits. Nobel Prize-winning economist Paul Krugman argues in his new book, “End This Depression Now!”, that the hysteria over the deficit will constrain an economic recovery in a time of high unemployment and stagnating wages. “The economics is really easy,” says Krugman, “If we were to spend more money at the government level, rehire the school teachers, firefighters, police officers who have been laid off in the last several years because of cutbacks, we would be a long way back toward full employment. … Right now there’s just not enough spending. We need the government to step in and provide the demand we need … We’ve had austerity in the face of a recession in a way that we’ve never had before since the 1930s. The results are clear — it is disastrous.” Krugman writes about the economy as a columnist for the New York Times and is a Professor of Economics at Princeton University.
