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Home Publications Blogs Beat the Press Budget Cuts and the Economy: The NYT Notices!

Budget Cuts and the Economy: The NYT Notices!

Tuesday, 12 April 2011 04:44
The NYT had a piece discussing the impact on the economy of the budget cuts in the compromise agreement last week. The prospect of losing hundreds of thousands of jobs should have been a central theme in the discussion of the negotiations, but it was almost never mentioned.
Comments (2)Add Comment
The Paper of Record
written by union member, April 12, 2011 6:02
That's a relief. If it's in the Times it must be happening - but only to Liberals though.
Why Worry About Economic Decline If You're Immune?
written by Hugh Sansom, April 12, 2011 7:04
Obama, his advisers, Congress, well-known journalists and pundits, tenured academics — all have nothing at all to fear if the economy again turns down. No Social Security? No problem. No Medicare, no retirement savings, no job, no decent public schools -- none of these things affect the wealthy.

The vast majority of Americans are entirely unrepresented in Congress.

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About Beat the Press

Dean Baker is co-director of the Center for Economic and Policy Research in Washington, D.C. He is the author of several books, his latest being The End of Loser Liberalism: Making Markets Progressive. Read more about Dean.