Economic meltdown? What economic meltdown?
On the national campaign trail and here at home, people are leading and living as though there were no crisis.
Ted Van Dyk has been active in national policy and politics since 1961, serving in the White House and State Department and as policy director of several Democratic presidential campaigns. He is auth
On the national campaign trail and here at home, people are leading and living as though there were no crisis.
The House finally passes a porkier version of the measure. Meanwhile, we head into a recession.
Nothing concentrates one's mind, it has been said, like the imminence of hanging. This is the case as policymakers and ordinary citizens consider options to shore up the financial system and avoid an economic depression. People are concentrating as well on state and local decisions knowing that, at
It will be a few more days before either the House or Senate take another stab at saving the American economy. Meanwhile, markets will be in turmoil and two vice presidential candidates face a challenging national debate.
With the financial bailout package still undefined and House Republicans, in particular, opposed to the present draft, financial markets almost certainly will fall during the day. How far they fall, and for how long, will depend on White House-congressional progress toward a package which can pass a