Author Archives: Mike Bock

An analysis posted at the Economic Policy Institute web-site predicts that economic policies stemming from the the new agreement on raising the debt ceiling will result in a loss of 1.8 million jobs in 2012. Applying conventional multipliers, the reduction … Continue reading →

The web-site “Fair,” that describes itself as a “national media watch group,” in a post entitled, “Media Malpractice on Debt Ceiling,” says this debt limit debate illustrates how the corporate media pushes the national discussion towards the right. It cites … Continue reading →

In a NYT article, “The President Surrenders,” Nobel winning economist Paul Krugman calls the debt deal an “abject surrender on the part of the president.” He calls it, “a catastrophe on multiple levels.” He says it is, “a disaster for … Continue reading →