Robert Reich Archive
Robert Reich’s article
Deficit, Employment, GDP, Government Spending
Aug 16, 2010
Forget a Double Dip. We’re Still in One Long Big Dipper. By Robert Reich August 14 — It’s nonsense to think of the economy heading downward again into a double dip when most Americans never emerged from the first dip. We’re still in one long Big Dipper. More people are out of
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new pecora open letter
Currencies, Fed, Government Spending, Inflation
Jul 15, 2009
[Skip to the end] The ‘finanical crisis’ is not an economic concern per se. Particularly as the financial sector contributes no value added to the real economy and for the most part serves no public purpose. However, when aggregate demand falls short of politcal goals, as evidenced by the unemployment rate, capacity
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