Tag: unemployed workers

The Sequester

Yesterday, our lawmakers allowed us the privilege of $85 billion worth of spending cuts. Republicans promise that this will help put the United States back on solid fiscal footing. I don’t see it that way. The sequester looks to me like a lot of pain without much, if any, gain. From CBPP: The recession battered the budget, driving down tax revenues and swelling outlays for unemployment insurance, food stamps, and other safety net programs.[3] We calculate that changes in the economic outlook since the summer of 2008 account for over $400 billion of the deficit in both 2009 and 2010 and

Read More
Sequester, Bob Woodward And Other Craziness

So, we are in the post-sequestered era. What happens now? First of all, let’s deal with the craziness. The Obama administration has been accused of threatening legendary journalist Bob Woodward. I think that this falls into one of the common themes facing Barack Obama – he’s from Chicago. Because Barack Obama’s from Chicago he must be part of the Chicago, “rough-and-tumble” political machine. Yet, we’ve seen no evidence that Barack Obama plays politics this way (well, it may be an overstatement to say that we see no evidence). Personally, I doubt that the Obama administration has threatened any journalist, let alone

Read More
What happened to the jobs?

The latest jobs numbers have come out. The good news is that we didn’t lose any jobs. The bad news is that we don’t appear to have gained as many as we should have. This is the spending Christmas season. From EPI: The labor market remains 7.4 million payroll jobs below where it was at the start of the recession in December 2007, and this number understates the size of the gap in the labor market by failing to take into account the fact that, simply to keep up with the growth in the working-age population, the labor market should have

Read More
Subscribe for updates!
ABOUT AUTHOR
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.

Books

A Letter to America

The Thirteeneth Juror

Where is The Outrage Topics
Categories
FOLLOW ME ON