Suddenly, it has become easy to see how the euro — that grand, flawed experiment in monetary union without political union — could come apart at the seams. We’re not talking about a distant prospect, either. Things could fall apart with stunning speed, …
Quote of the Week "People want to say people on welfare are sitting around. I've been hustling.
If the Affordable Care Act had been in place between 2001 and 2008, people in the individual insurance market would have saved about $280 per year on out-of-pocket costs, the study says.The research, published in the journal Health Affairs, says the savings would be even greater …
The latest multimillion-dollar attack ad from Crossroads GPS claims President Obama broke a promise to not increase taxes for families making less than $250,000 a year. That’s almost entirely false. The truth is that Obama repeatedly cut taxes for such families, firs …
By Bob Cesca: Arguably the biggest lie coming from the Republicans and the Romney campaign is that President Obama is a tax and spend liberal who’s responsible for record deficits and a crushing national debt. Not only is Mitt Romney telling his supporters that Presid …
1.10pm Parliament's 300 MPs were sworn in shortly before noon. This, the shortest-lived parliament in the country's, is due to be dissolved on Friday by President Papoulias to pave the way for new elections on June 17. Just back from parliament, our Costas Papachlimintzos repo …
Republicans are not serious about cutting the deficit any more than they are serious about creating jobs. There is not one Republican who can cite how reducing the nation’s debt will create one job, but they have done their best to fool Americans into believing that de …
I delivered the faculty graduation address last weekend at the University of California, Berkeley’s Goldman School of Public Policy. It’s one of the nation’s best and the reason is its emphasis on rigorous data analysis. Any public policy wonk worth her salt mus …
Disappointed that official government data showed his state was the worst in the nation for job creation over the last 12 months, Wisconsin Gov. Scott Walker (R) decided to release his own numbers today. But even if Walker’s new calculations have merit, he’s nowhere c …
Requests for measures to bolster growth will be“considered” and the European Union may also “approach Greece with proposals,” Merkel said late yesterday at a joint press conference with Hollande during his first official visit to Berlin. “Greece ca …
Political Economy has not initiated any private discussions.