Tag: two million

We can’t cut our way to a better economy

I know that conservatives are trying to convince the American people that we can cut our way to a better economy, but that just isn’t true. We can hold our breaths and jump up and down and scream, but that isn’t going to change reality. Conservatives tell us that we are spending too much. Really? How much is too much for a country of 300 million? Europe tried cutting their way to growth and it didn’t work. From EPI: In the summer of 2010, the newly-elected conservative government of the United Kingdom passed and implemented a large austerity budget. This budget

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What does an economic recovery look like?

I have been arguing for months that economic stimulus is doing exactly what it was supposed to do. It stopped a Depression. Yet, for reasons that are unclear, nobody seems to be interested. It is like this recovery was a foregone conclusion. I can tell you that if John McCain were president the unemployment rate would be sitting around 15% as he would have cut taxes and done little or nothing to stimulate the economy. This is a great article from NYT: Imagine if, one year ago, Congress had passed a stimulus bill that really worked. Let’s say this bill had

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Errington C. Thompson, MD

Dr. Thompson is a surgeon, scholar, full-time sports fan and part-time political activist. He is active in a number of community projects and initiatives. Through medicine, he strives to improve the physical health of all he treats.


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