The major cell phone companies recently bowed to pressure from consumer activists and the Obama Administration and agreed to warn users via text message when they are about to exceed the limits of their calling plans. FCC Chairman Julius Genachowski and President Obama himself hailed the agreement. Consumers Union Counsel Parul P. Desai said, “Ultimately, [...]
Tag Archives: Obama
Simon Johnson: Is Europe on the Verge of a Depression, or a Great Inflation?
November 10, 2011 – 10:41 am
From the New York Times The news from Europe, particularly from within the euro zone, seems all bad. Interest rates on Italian government debt continue to rise. Attempts to put together a “rescue package” at the pan-European level repeatedly fall behind events. And the lack of leadership from Germany and France is palpable – where [...]
Obama and jobs — focus on quality, not just numbers
September 15, 2011 – 1:07 pm
President Obama’s job plan has triggered lots of talk if not action. With the economy struggling, any conversation about job creation is good news. But from the President on down, we sometimes pay too much attention to the number of jobs being produced and not nearly enough attention to the quality of those jobs. In [...]
Defaulting to big government—the unintended consequences of not raising the debt ceiling
July 22, 2011 – 8:22 am
From CNN World Leading United States congressmen are determined to provoke a showdown with the Obama administration over the federal government’s debt ceiling. Ordinarily, you might expect House Republicans to blink at this stage of the negotiations, but there is a hardline minority that actually appears to think that defaulting on government debt would not [...]
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