Progressive News Feeds

Last month, we reported on the umpteenth study that confirmed the Hockey Stick. It made clear the rate of global warming since 1900 is 50 times greater than the rate of cooling in the previous 5000 years

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Since the 2012 election, Republicans have consistently blamed President Obama for ignoring the recommendations of the Simpson-Bowles deficit commission he created shortly after taking office in 2009. Republican leaders have said they’d be “ willing to say yes to ” a Simpson-Bowles-style plan, which balanced revenue with spending cuts and changes to entitlements.

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After ignoring reports that 2012 was the hottest year on record in the U.S., Rush Limbaugh and Fox Business host Stuart Varney tried to push back against well-established evidence of climate change by citing instances of cold weather. On the January 11 edition of his radio show, Limbaugh said, “Twenty-seven degrees outside San Diego right now, 27 degrees, and they’re talking about global warming” : Similarly, Varney cited examples of “snow in Jerusalem” and “a deep freeze in China and in Europe,” then said that “the green is demanding a carbon tax to prevent global warming.” Varney  added, “Climate’s always changing, isn’t it?”

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According to the European Commission, “roughly 40 million Europeans are suffering ‘severe material deprivation’”, while “ 116 million EU citizens are judged ‘at risk of poverty.’” Yet, the continent is doubling down on the same austerity policies that have killed growth from Greece to the UK. Spain’s unemployment rate just hit 25 percent, while “austerity measures, worth over 60 billion euros by 2014, are likely to crimp growth further , and cast more workers out of a job.”

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As ThinkProgress has explained, the U.S. has rebounded from the 2008 financial crisis quicker than Europe, in part because it embraced stimulus measures , while several Eurozone countries have implemented ( or been pushed into ) austerity. One of those countries is the UK, where growth has essentially flat-lined

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Gov. Sam Brownback (R-KS) Gov

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More than 5.5 million European young adults are unemployed, according to reports from the European Commission, leading economists to fear that European youth will become a “ lost generation .” Eurozone unemployment reached 26 percent this month, but for young people, the picture is even bleaker: in Spain and Greece, the youth unemployment rate tops 50 percent; it is 36 percent in Portugal, 34 percent in Italy, and 23 percent in France, the Washington Post reported. Unemployment is so bad for young people that Spanish college graduates have dubbed themselves Juventud sin Futuro, or “ youth without a future .” The youth unemployment rate in the United States, meanwhile, is 15 percent.

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by KC Golden, via GRIP In a memorable TV ad saluting the hard work of Olympic athletes, swimmer Ryan Lochte reveals how he made it to the Games in London:  “I swam here.” That would be one way to avoid the modest cost of carbon pollution permits required for aviation under the EU’s Emission Trading System. Senator John Thune has a less strenuous approach: Ban U.S.

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By Thomas Harrison and Joanne Landy, August 19, 2012 Greeks refuse to be the guinea pigs for extreme neoliberalism, and they need our solidarity. read more

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According to work by economists Peter Rupert and Thomas Cooley, none of Europe’s biggest economies have returned to their pre-recession levels except for Germany. As the New York Times noted, “The figures suggest that Europe is already well into what could become a lost decade — a period of pernicious stagnation and wasted potential that could have lasting effects on ordinary citizens.” The U.S. surpassed its pre-recession output in January 2011 .

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