Archive | Economy
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Column: Occupy Wall Street should do better or don’t do it
When my brother came to visit Ithaca over Homecoming weekend, I anticipated the usual influx of news from the homestead in New York City.
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Column: Welfare in a recession
The Personal Responsibility and Work Opportunity Reconciliation Act of 1996 (PRWORA) is perhaps the defining bipartisan moment of the Clinton Administration.
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Column: How I ended up in handcuffs on the Brooklyn Bridge
I was suspended 135 feet over the East River, stuck in the middle of a crowd so tightly packed I could barely move. “Let us go! Let us go!” Occupy Wall Street Protesters chanted around me.
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Column: Lies, damned lies, and presidential reduction plans
During the debt ceiling negotiations, President Obama made an offer to Speaker of the House John Boehner that was the epitome of reasonable:: in return for lifting the debt ceiling, Obama proposed a $4 trillion reduction in federal deficits over ten years, split roughly 2-to-1 between spending ...
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Column: Balancing growth with fiscal responsibility
Ten years ago, the nation’s future fiscal health seemed assured: an economic boom and the lack of significant external threats created budget surpluses. In 2001 the Congressional Budget Office (CBO) even projected that over the next decade the nation would enjoy a $5.6 trillion surplus.
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Study shows NY is second worst U.S. state in which to do business
Those graduating in just a few months may want to rethink accepting a job in New York City. A recent study revealed that New York is the second worst state in the nation in which to do business.
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Column: Microfinance myths
Microfinance — the provision of small, group loans to poor people in poor countries — is, depending on whom you ask, either the latest way for western capitalists to exploit third world laborers or the miracle cure that will allow the world’s poorest citizens to successfully run their own ...
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Column: Occupy Wall Street great with ideas, bad with change
My aunt commutes from New Jersey to Manhattan every day. Last week, she emailed me asking if I knew anything about the protesters who had taken up residence in Zuccotti Park in Lower Manhattan, of whom she had only just been made aware.
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Students push for debt forgiveness
Alexis Reineke graduated from U. Minnesota in December 2008 with a communications degree — and $35,000 in debt. Last week, she signed a petition that now has more than 424,000 signatures, each urging President Barack Obama to forgive student debt to stimulate the economy.