How Much Will Strikes On Syria Cost?

By: Friday September 6, 2013 8:26 am

While pinning down an exact number is difficult, especially as the target list is expanding, there are some initial projections on the potential costs of President Obama’s attack on Syria. The Congressional Research Service analysis puts the cost as high as $12 billion for a year’s operation citing estimates by General Dempsey, chair of the [...]

Paul Ryan Offers Austerity Budget, Claims His Critics Are Trying To Destroy Medicare

By: Tuesday March 12, 2013 5:36 am

House Budget Committee Chairman Paul Ryan wrote an Op-Ed for the Wall Street Journal extolling the virtues of austerity while claiming anyone who disagreed with his plan to destroy Medicare was, ironically, going to destroy Medicare. While blaming Senate Democrats for the Sequester because they did not pass a budget Rep. Ryan offered a Greece [...]

As Austerity Begins Wealth Inequality Shines Through As Poor Are Targeted

By: Monday March 4, 2013 7:29 am

Last Friday President Obama signed the sequester order officially launching America’s latest austerity program. Austerity has yet to produce jobs or growth in any country it has been tried in. In fact, austerity is becoming one of the few certainties within economic policy making – the certainty of losing growth if the policy is adopted. [...]

Sequester May Not Be Resolved Until April

By: Thursday February 28, 2013 7:00 am

Tomorrow budget sequestration begins. The “unthinkable” gun-put-to-head law that Congress passed to force itself to compromise has, not surprisingly, not led to compromise. Instead it has led to the gun going off and now a weak American economy will face austerity cuts, a program that has led to further weakness in every economy it has [...]

Austerity Program Set To Begin Next Week

By: Friday February 22, 2013 5:57 am

We are now a week away from the “sequester” another round of austerity cuts. Cuts that will take place despite the overwhelming evidence that all austerity programs do is make a bad situation worse.  Even the IMF, bastion of Neoliberalism, has revised itself and said austerity was actually a bad idea reporting that economists underestimated [...]

President Obama Press Conference On Sequestration

By: Tuesday February 5, 2013 9:49 am

President Obama speaks at 1:15 pm EST on his view on the imminent sequestration cuts to federal spending. Seeking to avoid steep spending cuts scheduled to begin March 1, President Obama will call on Congress on Tuesday to devise an alternative package of reductions and new tax revenue that could postpone the deeper cuts for [...]

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