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The S&P Downgrade Market Plunge Myth

By Dean Baker Huffington Post, August 15, 2011 The Wall Street crew that wants to cut your Social Security and Medicare benefits are sensing that victory is in sight. They have managed to knock jobs completely off the agenda and have made deficit reduction the near exclusive focus of economic policy in ... Read more

The Weird Battle Over the Debt Ceiling

Washington, DC is Exaggerating Debt Issue to Push an Agenda to Please Campaign Contributors and Hide the Real Causes of Debt By Dean Baker Al Jazeera, July 28. 2011 Policy debates in Washington are moving ever further from reality as a small elite is moving to strip benefits that the vast majority need and ... Read more

The 6 Biggest Lies About the U.S. Debt

As Congress nears a vote on the various debt ceiling deals, let’s look at the lies and misinformation that got us into this mess. By Arun Gupta AlterNet, July 28, 2011 There is one simple truth about the discussion of the looming U.S. debt crisis: it is largely a compendium of half-truths, ... Read more

Will Tax Holiday Kill Social Security>

Ignoring liberal Dems, Obama endorses longer payroll tax holiday through 2012 By Mike Lillis The Hill, June, 29, 2011 President Obama on Wednesday reiterated his push to extend an existing payroll tax holiday through 2012 – a move denounced by liberal Democrats who fear the reduction in revenues will ... Read more