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Made In The USA Survives, Buffett On Income Inequality, Disturbing Obamacare Finding And More

Written By Unknown on Tuesday, May 7, 2013 | 7:53 AM

May 7, 2013
Six dollars. That's how much more an American consumer would have to pay for the typical T-shirt made in the U.S. rather than in a potentially unsafe factory in a poor, faraway country.

So reckons Eric Henry, chief executive officer of a North Carolina-based apparel manufacturer called TS Designs, which markets its T-shirts as both environmentally sustainable and ethically produced -- two virtues sprung from the fact that it cannot compete on price while remaining in the U.S.  Continue reading...
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DEAN BAKER
Debt Derangement
Bob Kuttner has been among the country's most visible advocates of stimulus. His new book, Debtors' Prison: The Politics of Austerity versus Possibility is his latest shot at the austerity gang. Continue reading...
MIKE LUX
A Pathological Moral Environment
If this deadly dynamic isn't solved -- if the biggest banks aren't broken up, if the Department of Justice doesn't start prosecuting crime in the financial sector -- our country will in the not too distant future see a financial crisis far worse than in 2008. Continue reading...
WENDELL POTTER
GOP Candidates' Top Campaign Issue Will Be Obamacare 'Train Wreck'
Will the implementation of ObamaCare result in the "train wreck" Max Baucus predicted a few days ago? No. But there will be no shortage of political candidates and high-powered political spin doctors who will be working relentlessly to convince us that it will be. Continue reading...
JARED BERNSTEIN
Tax Reform: As Usual, We're Going About It All Wrong
Proposed tax changes should have to stand on whether they'll a) help to raise the revenue we need to meet future challenges that are coming fast, or b) boost growth in ways that actually matter to contemporary economies. Continue reading...
EDWARD GOLDBERG
Bombing, Sovereignty & Globalization
Congress has just spent an agonizing several weeks debating background checks for gun purchasers and whether such checks would violate the second amendment. Yet at the moment there is no law to stop foreigners from electronically sending bomb-making instructions into the United States. Continue reading...


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