Business

This One Microsoft Excel Error Helped Spark Mass Riots Across Europe

This One Microsoft Excel Error Helped Spark Mass Riots Across Europe

Two renouned economists's research paper, widely sited by austerity advocates in the US and Europe, had major flaws in methodology.

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Paul Krugman: Shrugs Off Long-Term Effects Of Deficit

Paul Krugman: Shrugs Off Long-Term Effects Of Deficit

Paul Krugman says he doesn't see why long-term concerns should influence today's budget policy, but no good can come of delay, so putting off obligations only worsen the deficit.

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How 'Dumb and Dumber' Perfectly Explains Our Economic Crisis

How 'Dumb and Dumber' Perfectly Explains Our Economic Crisis

A scene in the hit comedy perfectly illustrates how the GOP can lead us to economic growth, by pursuing entitlement reform.

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10 Ways to Eliminate the Federal Debt By 2030

10 Ways to Eliminate the Federal Debt By 2030

If our political leaders can focus on the size and scope of the government, military spending, entitlements, and tax reform, we can eliminate our federal debt within the next 20 or so years.

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Paul Krugman: 'Death Panels and Sales Taxes is How We Do This'

Paul Krugman: 'Death Panels and Sales Taxes is How We Do This'

Paul Krugman says “death panels and sales taxes” are the way out of the debt crisis. The mantra is at odds with a nation founded on the rights of “life, liberty, and the pursuit of happiness."

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5 Reasons Our Obsession With U.S. Debt is Crippling Economic Recovery

5 Reasons Our Obsession With U.S. Debt is Crippling Economic Recovery

The U.S. debt obsession is putting deficit reduction ahead of economic growth and is the main reason for our weak recovery.

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Facts About the Debt Ceiling Crisis 2013

Facts About the Debt Ceiling Crisis 2013

The debt ceiling is the amount of money the U.S. government can borrow to pay bills. It has nothing to do with new spending. These are simple facts.

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Fiscal Cliff 2013: With Debt Limit Near, Geithner Takes "Extraordinary" Action to Buy Time

Fiscal Cliff 2013: With Debt Limit Near, Geithner Takes "Extraordinary" Action to Buy Time

In a letter to congressional leaders Wednesday, Treasury Secretary Timothy Geithner said the government will hit the $16.4 trillion debt limit on Dec. 31.

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