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communist witch hunts of the 195os, the tempestuous struggle for civil rights in the 1960s, the divisive Vietnam war, or the Watergate scandal? As Reich points out that if anything, you'd think this would be an era of relative calm. First of all, the Soviet Union has disappeared and the Cold War is o
year to $607.4 billion, the government says. That's 37.6 percent below the $973.8 billion deficit for the first 10 months of the 2012 budget year. The Congressional Budget Office has forecast that the annual deficit will be $670 billion when the budget year ends Sept. 30, far below last year's $1.09 trillion. It would mark t
ows that too much concentration of wealth at the top, and too much stagnation everywhere else indicate an economy nearing collapse. For example, as Reich shows (Figure la & b), both the crashes of 1928 and 2007 followed on the heels of peaks in which the top i% owned 25% of the country's total wealth.
ent set of proposals. The truth is that the GOP measure would destroy the ability of millions of Americans to access any healthcare worth the name. The Congressional Budget Office reportedly warned the Republicans that their proposals would lead to lost coverage for millions and higher costs for millions more, but the GOP is
AN is born free but is everywhere in debt. In the rich world, getting hold of your first credit card is
l. The most recent package of cuts provoked a wave of strikes and riots in which three bank employees died. America also faces a huge debt problem. The Congressional Budget Office calculates that the federal government will accumulate a deficit of $10 trillion between 2011 and 2020, and even that depends on some fairly optimis
Entities connected to both Marc Rich and The Congressional Budget Office
Leon Black
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Alan Dershowitz
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George W. Bush
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George Mitchell
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Bill Clinton
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Julie K. Brown
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Barack Obama
PERSONDoug Band
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Oliver Stone
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Paul Ryan
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Earth
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Medicaid
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John McCain
PERSONGregory Brown
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Glass
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Chile
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Tom Barrack
PERSONHuffington Post
ORGANIZATIONTea Party
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Robert Reich
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