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Commentary Weisbrot: How Wars Are Made

Commentary, February, 20 2010 Mark Weisbrot
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In a visit to Qatar and Saudi Arabia this week, Hillary Clinton said that Iran "is moving toward a military dictatorship," and continued the Administration's campaign for tougher sanctions against that country.

Commentary Weisbrot: World Recession Forces Economic Re-thinking

Commentary, March, 07 2009 Mark Weisbrot
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A serious economic crisis can force some rethinking of economic and political dogma. The current crisis is serious for most of the world; the IMF is projecting world economic growth of just one half percent this year - the worst since World War II...

Commentary Weisbrot: The Failure of Hugo-Bashing

Commentary, April, 05 2006 Mark Weisbrot
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It was yet another public relations coup for Venezuela: Vila Isabel, the samba club sponsored mainly by the Venezuelan government, won the parade competition in Rio de Janeiro's Carnaval last week. A float with a giant likeness of Simon Bolivar, c...

Commentary Weisbrot: IMF Influence?

Commentary, October, 17 2005 Mark Weisbrot
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Sometimes historic changes take place quietly, while no one is looking. Great institutions lose power with a whimper rather than a bang. Such is the case of the International Monetary Fund (IMF), which will hold its annual fall meetings with the W...

Commentary Weisbrot: Social Security: It's Not Broken, So Don't Fix It

Commentary, December, 21 2004 Mark Weisbrot
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Four years ago Dean Baker and I wrote a book entitled "Social Security: The Phony Crisis" (University of Chicago Press, 2000). We showed that there was no financial, economic, actuarial, or other reason to be worried about the future of Social Sec...

Commentary Weisbrot: George W. Bush's Record-Breaking Economy

Commentary, August, 12 2004 Mark Weisbrot
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"Our economy since last summer has been growing at the fastest rate in 20 years" said President Bush in a speech last week. The word went out from on high, and soon it began to spread: the fastest-growing economy in 20 years! A very important disc...

Commentary Weisbrot: Is The Fed Playing Election-Year Politics?

Commentary, April, 09 2004 Mark Weisbrot
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Is Alan Greenspan trying to get George W. Bush elected President this November? Accusations of partisanship have dogged the Fed Chairman for some time -- especially since he told Congress in January 2001 that, with continuing budget surpluses, we ...

Commentary Weisbrot: It Pays to Get Tough with IMF

Commentary, February, 23 2004 Mark Weisbrot
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For the second time in less than six months, the government of Argentina stood up to the International Monetary Fund -- and the IMF backed down. Last week the Fund approved the latest installment of its lending to Argentina, after having failed in...

Commentary Weisbrot: CAFTA Not Likely to Do Better Than NAFTA

Commentary, January, 09 2004 Mark Weisbrot
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NAFTA, CAFTA, do we hafta? That was one of the slogans that thousands of demonstrators brought to Miami last month, as they protested the ministerial meeting of the Free Trade Area of the Americas. After having trouble bullying some of the bigger ...

Commentary Weisbrot: Labor Day 2003: Nothing to Celebrate

Commentary, September, 01 2003 Mark Weisbrot
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If ever there was a Labor Day for American workers to celebrate, this sure isn't the one. It's now thirty years since the end of the "golden era" for American labor, which by most accounting ended in 1973. Over the past thirty years the productivi...

Commentary Weisbrot: False Promises on Trade

Commentary, August, 07 2003 Mark Weisbrot
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The New York Times editorial (7-20-03) on the developed countries' agricultural subsidies and trade barriers massively overstates the potential gains that developing countries might get from their elimination. While many of the agricultural subsid...

Commentary Weisbrot: The IMF and World Bank

Commentary, May, 05 2003 Mark Weisbrot
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As the IMF and World Bank officials convene for their annual Spring meetings this weekend amidst Washington's blooming cherry and magnolia blossoms, they will be breathing a sigh of relief. Unlike in 2000, when thousands of angry protesters conver...

Commentary Weisbrot: Military Force Won't Restore Lost U.S. Power

Commentary, March, 23 2003 Mark Weisbrot
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Many people are discouraged to see that the efforts of millions throughout the world have failed to prevent a great crime. With the vast majority of humanity against it, and without even the cover of UN approval, the Bush administration has launch...

Commentary Weisbrot: Why He Can't Wait

Commentary, March, 17 2003 Mark Weisbrot
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"These are the actions of a regime engaged in a willful charade. These are the actions of a regime that systematically and deliberately is defying the world."

Commentary Weisbrot: Bush's New Tax Cut: Another Dividend for the Rich

Commentary, February, 24 2003 Mark Weisbrot
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Here we go again, as Ronald Reagan used to say. The Bush administration has already taken advantage of our most recent recession to pass a $1.35 trillion tax cut, of which 36 percent went to the richest one percent of taxpayers. These are people w...

Commentary Weisbrot: Election Year Politics And The Road To War

Commentary, November, 03 2002 Mark Weisbrot
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George W. Bush wants war. He makes

Commentary Weisbrot: War Talk: Changing the Channel

Commentary, October, 02 2002 Mark Weisbrot
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"The [political] polls are dropping, the domestic situation has problems.... So all of a sudden we have this war talk, war fervor . . . said Senator Robert C. Byrd last week. "This is the worst kind of election-year politics."

Commentary Weisbrot: Brazil's Challenge

Commentary, July, 22 2002 Mark Weisbrot
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Having won the World Cup Soccer Championship before a captivated audience of 1.5 billion people -- nearly a quarter of the world's population -- Brazilians now face an even tougher competition. In this contest, one team defends a goal that is only...

Commentary Weisbrot: What Are They Doing to Argentina?

Commentary, June, 27 2002 Mark Weisbrot
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The head of the IMF's delegation to Argentina was recently cornered outside his hotel room by reporters from a popular, muck-raking television show. They handed him a set of large, plastic Halloween vampire teeth. "We found these lodged in Preside...

Commentary Weisbrot: The Africa Tour: First, Do No Harm

Commentary, June, 04 2002 Mark Weisbrot
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Whoever dreamed up this tour had a sense of theater. Paul O'Neill, the straight-laced, tough-talking US Treasury Secretary, former corporate CEO, and foreign aid skeptic; with Bono, humanitarian, highly worshipped Irish rock star, in trademark wra...

Commentary Weisbrot: What About the Trade Deficit?

Commentary, May, 15 2002 Mark Weisbrot
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The much-feared Federal budget deficit is back in the news: the latest projections show it could be twice as high in the coming year as previously thought. Should anyone be worried?

Commentary Weisbrot: The Myth Of The Global Economy

Commentary, March, 31 2002 Mark Weisbrot
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Now that the US recession is over (Federal Reserve Chairman Alan Greenspan has pronounced it), it is worth glancing back at the widespread concerns of a global economic slowdown that prevailed just a few months ago. These fears turned out to be o...

Commentary Weisbrot: Imf Playing With Fire In Argentina

Commentary, February, 22 2002 Mark Weisbrot
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Imf Playing With Fire In Argentina

Commentary Weisbrot: The New Economy?

Commentary, December, 08 2001 Mark Weisbrot
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In economic history, great myths are often made and sustained not so much by the difficulty of the subject matter, but by the failure of the discussants to look at the readily available data. America's longest business cycle expansion, which has n...

Commentary Weisbrot: What Everyone Should Know About Nicaragua

Commentary, November, 09 2001 Mark Weisbrot
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The United States' first post-September 11 foray into Latin American politics -- in Nicaragua's election -- provides a glimpse of how Washington's new "counter-terrorism" policy may play out in this region.

Commentary Weisbrot: Protecting Pharmaceutical Companies from the Threat of Bio-Terrorism

Commentary, October, 29 2001 Mark Weisbrot
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Some principles are so important that they cannot be violated even in a time of national emergency. One of those, it now appears, is the principle of patent rights for multi-billion dollar pharmaceutical companies.

Commentary Weisbrot: Trading on Tragedy

Commentary, October, 12 2001 Mark Weisbrot
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Every crisis and tragedy is an opportunity for some, as any ambulance-chasing lawyer can tell you. We expect the Pentagon to lard its already bloated budget, and Attorney General John Ashcroft to chip away at the Bill of Rights, all in the name of...

Commentary Weisbrot: IMF "Rescue" Won't Help Latin America

Commentary, September, 07 2001 Mark Weisbrot
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When I was a child growing up in Chicago, we heard stories of lifeguards who saved panicked, drowning beach-goers by first knocking them out with a punch to the face, then hauling them to shore. This seemed like a risky strategy to me, and I never...

Commentary Weisbrot: Return of the Lockbox

Commentary, August, 30 2001 Mark Weisbrot
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Just when you thought the debate over national budget and economic policy couldn't get any more confusing or silly, the "lockbox" is back. Big time. The Democratic National Committee is running TV ads asserting that "the Bush budget raids the Medi...

Commentary Weisbrot: Has Globalization Helped the Poor?

Commentary, August, 06 2001 Mark Weisbrot
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It has become increasingly fashionable for our government officials and their friends to promote Washington's global agenda as a helping hand to the world's poor. "If one is concerned about the developing countries, both history and recent studies...

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