Tag Archives | Greece
President Obama meets Euro Zone leaders at G20 summit in Mexico

It Could Be a Long, Hot Summer for Obama

President Obama has caught a couple of breaks after a bad few weeks in which he lost ground to Republican opponent Mitt Romney.

Last Friday, the president announced a new immigration policy that would accomplish some of the same things … More…

Fed Chairman Ben Bernanke testifies before Congress in 2011

Four Things We Got Right and Europe Didn’t

You hear it a lot in some circles: The US is heading down the same road as Greece, a basket case of an economy with huge debt and no hope.

And if we don’t address entitlement spending—primarily Medicare and Medicaid—our … More…

Francois Hollande campaigning earlier this year.

The Other Big European Election

While everyone was focused on the  election in Greece, another European country held elections that also may have far-reaching implications.

On Sunday, France put an exclamation point on May’s victory by François Hollande in the presidential election by giving an … More…

Paul Krugman speaks in San Francisco.

Krugman Vs. Rogoff on Austerity and Growth

Nobel Prize-winning economist and New York Times columnist Paul Krugman doesn’t suffer fools—or Republicans—gladly, especially if their arguments cut close to his deeply held Keynesian beliefs.

That’s why he’s engaged in brass-knuckles academic guerilla warfare with maybe the fastest rising … More…

Alexis Tsipras of the leftist Syriza before recent elections.

Greek Chaos Could Hurt Obama’s Re-Election

The crisis that hurts you most is the one you didn’t see coming. There may be one ahead for the Obama administration, but it’s hiding in plain sight.

Greece held parliamentary elections Sunday, and the results cast grave doubt on … More…

Former Treasury Secretary Lawrence Summers at Davos in 2010

Keynesians Try Another Comeback

The economic philosophy of John Maynard Keynes had a brief revival after the financial crisis of 2008. Desperate politicians tried to save the global economy–and their own jobs–by launching stimulus plans to plug an “output gap,” the gaping hole that … More…

President talks about jobs & the economy

The President May Be Peaking Too Early

President Obama has been on a roll of late.

Unemployment has fallen steadily to 8.3%, and we’ve had 24 consecutive months—two years—of private sector job growth. The rate itself is much higher than previous presidents have faced going into re-election, … More…

The Colosseum in Rome.

‘Bye ‘Bye Belgium, Arrivederci Italia

World stock markets rallied Monday on hopes that finally we will have a real solution to the European debt crisis.

European leaders, especially French President Nicolas Sarkozy and German Chancellor Angela Merkel, are discussing what The Wall Street Journal called More…

Rep Robert Andrews

Congress May Cut Debt the Easy Way

You can always count on Congress to do the stupidest things in the ugliest ways.

Their latest debacle: the collapse of the so-called super committee that was supposed to find over $1 trillion in deficit reductions. Republicans and Democrats couldn… More…

Euro

Is Democracy a Victim of the Euro Crisis?

Some ominous news from euro land. The financial crisis in the euro zone is beginning to threaten democracy and national sovereignty, just as the euro skeptics in Britain warned it would.

Governments in Greece and Italy have fallen. Prime Minister … More…