Commentary

The other day , Jörg Krämer, chief economist for Commerzbank in Frankfurt, said of the Greeks, ‘‘If you live beyond your means, then you can repair your balance sheet only if your consumption goes down.’’ This sentiment has become a German mantra. Germany’s price for the latest bailout deal has been an insistence on an ever-more intense and self-defeating Greek austerity program, which has now pushed Greece to the brink of a social catastrophe. But the Germans might take a moment and reflect on their own history.

When you look closer at what is happening in our society, it is clear that GDP growth has failed to deliver. For example, while GDP roughly doubled between 1980 and 2007, the distribution of all that money has left us more unequal today than at any time since the 1920s. GDP, in other words, tells us nothing about how national income is distributed, and it ignores the negative economic consequences of inequality.

Job-seekers beware — whether you're applying to do maintenance work in Denver, telephone tech support in Littleton, plumbing in Fort Collins, work as a home care aide in Aurora, or even just scoop frozen yogurt in Colorado Springs — there's one qualification you'll need regardless of your skills or ability to do the job: good credit.

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Charles E. Cobb, Jr. is a distinguished journalist and former member of National Geographic magazine’s editorial staff. From 1962-1967, he served as a field secretary for the Student Nonviolent Coordinating Committee (SNCC) in Mississippi. He currently is Senior Writer and Diplomatic Correspondent for AllAfrica.com, the leading online provider of news from and about Africa.
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"We've displayed to this world leader our work ethic, No. 1, and our value for friendship; that's No. 2," Mayor DeWayne M. Hopkins said in an interview at City Hall. "If that message can be disseminated into the rest of the United States in encouragement for people to be interested in Muscatine and perhaps relocate here - and I mean people all the way from households up to retail and manufacturing - then that's a plus."

A decade ago, Tammy Jaime lost everything to drugs. She and her husband spent through their savings, lost their home and car, and ended up in the rural northern California mountains, begging for food for their children.

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The Denver Broncos had to consider a lot of things before they signed quarterback Tim Tebow: they undoubtedly scrutinized his college football record, studied his ability to throw long passes, and observed how he handled himself under pressure. But one thing that probably didn’t factor into the decision was Tebow’s credit history. The Broncos likely recognized that how Tebow managed his personal finances had nothing to do with his ability to play football.

How Tebow managed his personal finances had nothing to do with his ability to play football.

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By now, you've heard the story: Susan G. Komen for The Cure, a once well-regarded breast cancer awareness and research organization, became a pariah seemingly overnight when it decided to stop funding breast cancer screening to low-income women through Planned Parenthood. The decision was a debacle. And now you might think twice about wearing that little pink ribbon on your lapel. But the organization has reversed its decision and let go of the executive behind that decision, and given the public outcry over this fiasco, it's not likely to mess with Planned Parenthood ever again.

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This has been a very bad week for Newark. First, the city loses one of their talents, Whitney Houston. Now, it loses Occupy Newark, one of the strongest voices for poor residents (like Ms.Houston's own family).

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Watching what’s happening to our democracy is like watching the cruise ship Costa Concordia founder and sink slowly into the sea off the coast of Italy, as the passengers, shorn of life vests, scramble for safety as best they can, while the captain trips and falls conveniently into a waiting life boat.