THE POLICY THINKSHOP "Think Together"

Public Policy is social agreement written down as a universal guide for social action. We at The Policy ThinkShop share information so others can think and act in the best possible understanding of "The Public Interest."

Downturn and Legacy of Bush Policies Drive Large Current Deficits — Center on Budget and Policy Priorities

Some lawmakers, pundits, and others continue to say that President George W. Bush’s policies did not drive the projected federal deficits of the coming decade — that, instead, it was the policies of President Obama and Congress in 2009 and 2010.  But, the fact remains:  the economic downturn, President Bush’s tax cuts and the wars in Afghanistan and Iraq explain most of the deficit over the next ten years — according to this update of our analysis, which is based on the Congressional Budget Office’s most recent ten-year budget projections (from August) and congressional action since we released the previous version of this analysis in May 2011.  (For a fuller discussion, see the technical note that begins on p. 6.)

The deficit for fiscal year 2009 — which began more than three months before President Obama’s inauguration — was $1.4 trillion and, at 10 percent of Gross …

More via Downturn and Legacy of Bush Policies Drive Large Current Deficits — Center on Budget and Policy Priorities.

Advertisements

Filed under: Banks, Blogosphere, Economic Recession, Election 2012, Job Sector, National Debt, News, Political Economy, propaganda and spin, , , ,

U.S. Sues Wells Fargo: Yet Another Bailed-Out Bank Accused of Fraud | Matt Taibbi | Rolling Stone

Earlier this year, Charlie Munger, who is billionaire Warren Buffet’s right hand at Berkshire Hathaway and a sort of self-proclaimed mad oracle of Wall Street, made some interesting comments. He bashed people who buy gold, delivering an all-time …

More via U.S. Sues Wells Fargo: Yet Another Bailed-Out Bank Accused of Fraud | Matt Taibbi | Rolling Stone.

Filed under: Banks, Blogosphere, Economic Recession, National Debt, News, ,

Record Levels of Student Loan Debt Hit Younger Households Hard – Pew Research Center

About one out of five (19%) of the nation’s households owed student debt in 2010, more than double the share two decades earlier and a significant rise from the 15% that owed such debt in 2007. The incidence of student debt has increased in nearly every demographic and economic category, as has the size of that debt.Record Levels of Student Loan Debt Hit Younger Households Hard

Going along with the overall increase, a record 40% of all households headed by someone younger than age 35 owe such debt, by far the highest share among any age group.

Low-income households have also been hit hard. The relative burden of student loan debt is greatest for households in the bottom fifth of the income spectrum, even though members of such households are less likely than those in other groups to attend college in the first place.

Related study: “Is College Worth It?” Read more

via Daily Number: Record Levels of Student Loan Debt Hit Younger Households Hard – Pew Research Center.

Filed under: access to education, Banks, Blogosphere, consumers, Culture Think, Education Policy, Education Reform, News, Parenting, Public Policy, The 47%!, , ,

Greed and Debt: The True Story of Mitt Romney and Bain Capital | Politics News | Rolling Stone

The great criticism of Mitt Romney, from both sides of the aisle, has always been that he doesn’t stand for anything. He’s a flip-flopper, they say, a lightweight, a cardboard opportunist who’ll say …

More via Greed and Debt: The True Story of Mitt Romney and Bain Capital | Politics News | Rolling Stone.

Filed under: Banks, Blogosphere, consumers, Economic Recession, Election 2012, ethics, News, , ,

High-frequency trading: Wait a second | The Economist

EVERY computer-user knows the feeling of dread when a brand new piece of software causes the entire system to crash. Shareholders in Knight Capital, an American equity broker, now realise how expensive such glitches can be. On August 1st Knight Capital …

More via High-frequency trading: Wait a second | The Economist.

Filed under: Banks, Blogosphere, consumers, Culture Think, News, Public Policy,

Problems Riddle Moves to Collect Credit Card Debt – NYTimes.com

The same problems that plagued the foreclosure process — and prompted a multibillion-dollar settlement with big banks — are …

More via Problems Riddle Moves to Collect Credit Card Debt – NYTimes.com.

Filed under: Banks, Blogosphere, consumers, News

The economy: No miracle cure | The Economist

IF THERE is a theme to the American presidential campaign, it may be: “Imagine the alternative”. President Barack Obama’s campaign will argue that his actions prevented an economic …

MORE via The economy: No miracle cure | The Economist.

Filed under: Banks, Blogosphere, Election 2012, symbolic uses of politics

With Rates Low, Banks Increase Mortgage Profit – NYTimes.com

Interest rates on mortgages and refinancing are at record lows, giving borrowers plenty to celebrate. But the bigger winners are the banks making the …

MORE via With Rates Low, Banks Increase Mortgage Profit – NYTimes.com.

Filed under: Banks, Blogosphere, consumers, Public Policy

Center on Budget and Policy Priorities

“[July]’s jobs report showing some pickup in job creation does not reduce the need for policymakers to implement measures to give the flagging recovery a needed boost, including preparing to extend emergency federal unemployment insurance (UI) past its …

MORE via Center on Budget and Policy Priorities.

Filed under: Banks, Blogosphere, Culture Think, Public Policy, Unemployment,

Fed Leaning Closer to New Stimulus if No Growth Seen – NYTimes.com

A growing number of Federal Reserve officials have concluded that the central bank needs to expand its stimulus campaign unless the nation’s economy soon shows signs of

via Fed Leaning Closer to New Stimulus if No Growth Seen – NYTimes.com.

Filed under: Banks, Blogosphere, consumers, Economic Recession, News, WeSeeReason

The Facebook IPO: Shareholders Weren’t Invited to the Real Party | Matt Taibbi | Rolling Stone

A suit has been filed by Facebook shareholders against Mark Zuckerberg, Facebook, Morgan Stanley and others. It’s based on a very simple concept: when internal analysts learned that Facebook’s numbers were going to be worse than expected, the company and its bankers didn’t tell everyone, but just “selectively disclosed” information to a small group of …

MORE via The Facebook IPO: Shareholders Weren’t Invited to the Real Party | Matt Taibbi | Rolling Stone.

Filed under: Banks, Blogosphere, consumers, Crimes and Misdemeanors, News, , ,

J.P. Morgan’s woes cont.: Damage control | The Economist

A LARGE, mistaken, trading position take by J.P. Morgan, one of America’s leading banks, already costing it more than $2 billion has become a weapon in major battles in Washington and the financial …

MORE via J.P. Morgan’s woes cont.: Damage control | The Economist.

Filed under: Banks, Blogosphere, consumers, News, , ,

Enter your email address to follow this blog and receive notifications of new posts by email.

Join 2,253 other followers

ThePolicyThinkShop @Twitter

Health Alert!

Patriotic Clean, we're headed for deep waters!  It's your choice ...
Conflict at work: Stick to your principles

Conflict at work: Stick to your principles and they will take you far ...

Resources and Latests News: Top Clicks

Who we are:


Public Policy for the rest of us...

Provided by: PolicyABCs

Moderated by: The Policy Think Shop

Categories

We are on Twitter too!

!function(d,s,id){var js,fjs=d.getElementsByTagName(s)[0];if(!d.getElementById(id)){js=d.createElement(s);js.id=id;js.src="//platform.twitter.com/widgets.js";fjs.parentNode.insertBefore(js,fjs);}}(document,"script","twitter-wjs");

Recent Posts from our new PolicyABCs Blog: PolicyABCs ... "Thinks with us ..."

We cannot load blog data at this time.

Thank you for visiting. Here are ways you can stay connected to us.

Enter your email address to follow this blog and receive notifications of new posts by email.

Join 2,253 other followers

Goodreads

The ThinkShop promotes connections to all forms of social media to bring you resources beyond what you’ll find in your daily routine…

How Hispanics Describe Themselves

How Hispanics Describe Themselves

Poli Thinkshop

Create Your Badge

Take a "Brain Break" and visit this "fun link" by clicking this image now...

Break for Fun… click video below or have more fun by clicking the pic above…

Policy ThinkShop: Relax, we did the research for you…

Welcome to Policy ABC's ThinkShop, where getting news and public policy analysis is as easy as "A B C."

"The Policy ThinkShop team works hard researching the latests and most interesting news and reports. The resulting links will point you to the original sources so that you can spend as little time as possible getting the most news possible."

Enter your email address to follow this blog and receive notifications of new posts by email.

Join 2,253 other followers

The Policy ThinkShop

ThinkShop Wordle

The Policy ThinkShop

Public Policy and Culture

CultureWebs and Policy

Policy ThinkShop Resources

Policy ThinkShop Resources for your policy work

Our experts do the searching and serve up the best resources to help you stay on top of key public policy issues.

Featured Twitter Friend: Health Literacy ABCs

Health Literacy

Twitter Friend: MigrationPundit

Open door policy?

Policy ThinkShop: “THINK TOGETHER”

"Policy is codified knowledge that stands as a universal guide for social action. Public policy is shaped by those who know and who act on that knowledge. We at The Policy ThinkShop share information so others can think and act in the best possible understanding of "The Public Interest."
%d bloggers like this: