Posts Tagged: Bob Herbert

The Economy Sucks and it’s not Going to Get Better

It’s time for some tough love folks. The sad fact is that the economy sucks and there’s nothing we can do about it within the confines of our current political system – it’s rigged. Unemployment will continue to hover around 10 percent for years, with real unemployment at closer to 20 percent. Wages will continue… Read more »

Bob Herbert: The Great Recession ‘A Different Creature’

Anybody can tell you this, but it’s clear that the current economy recession is not just a normal economic downturn. For many Americans, this is a depression. All told, the US is down 11 million jobs and the deficit hawks are circling above hoping to prevent any real recovery. Why? Who knows. According to Bob… Read more »

Bob Herbert: The Wild Card

When you factor in the explosive costs of health care, which are making American businesses less competitive and threatening to bankrupt the government, the case for reform would seem to be a slam dunk.