The structure of the Federal Reserve ensures that the banking industry's concerns get a full hearing at Fed meetings, while those of workers may not. But that doesn't mean protests against Fed policies are futile.
Corporate tax rates used to top out at 52.8 percent. They are now 35 percent. Now they want rates lowered even more. But are corporate tax rates really "uncompetitive?" And what does that even mean?
People who are concerned about the future of Social Security should be paying a great deal of attention to what the Fed does. Raising interest rates will not only affect the economy today, but it will also affect Social Security tomorrow.
Will the recent rioting in Ferguson, Missouri, be a tipping point in the struggle against racial injustice, or will it be a minor footnote in history? The answer can be found in May of 1970.
The idea of American corporations renouncing their citizenship to get out of paying for the services that they will still be using has pushed public opinion over the edge.
Republican Rep. Mo Brooks thinks there's a "war on whites" in America. In the streets Ferguson, Missouri — where a white police officer killed an unarmed, young black man — it's the other way around.
It's much easier to believe that the first African American president failed to deliver on a promise he never made than admit that our society has a huge, moral hole at its very center.
Who benefits from all of this? Defense contractors certainly do. They can argue that their products are useful to the nation both abroad and at home. And politicians can benefit from an ideology based on fear.
In the most recent CBS News poll, the public was split on which party will do a "better job" on the economy, with Democrats at 42% and Republicans at 41%. This should help break the tie.
Two tragic events this week gave right wingers an opportunity to show some humanity and decency. As usual, wingnuts did not exactly cover themselves in glory. Instead of rising to the occasion, they sank to new lows.
Cato and Reason have been sounding the alarm about the militarization of our police departments and the potential consequences. But there have also been plenty of “liberal” and other sources trying to raise awareness of this issue as well.
Michelle Rhee's resignation from the organization she founded, StudentsFirst, is an alteration of a script already written by very wealthy people who’ve created an elaborate fiction for how the nation should educate its children
There is one conclusion to be drawn from the settlement’s otherwise vague “statement”: bankers at JPMorgan Chase engaged in widespread fraud, and in all likelihood they will never pay for their crimes.
With so many homeowners and businesses making greener energy choices, private utilities see the writing on the wall. They're trying to coax lawmakers into rigging the rules against increasingly competitive new energy alternatives.
The economy is improving and the behind-the-scenes numbers that economists and business types pour over look better than they have looked in a long time. But the voters Democrats need just aren't feeling this.
The latest “Libertarian Moment” is upon us, and will expire once it runs headlong into its own inherent shortcomings and the reality of a populist majority. Blink, and you’ll miss it.
August 14 is Social Security’s birthday, which raises the question: what do you give the program that has everything? After all, Social Security enjoys massive public support. It’s the most efficient program of its kind in the country.
We hear a lot of big talk about how Dodd-Frank has made the financial system safer. It's supposed to protect us from another financial crisis like the one in 2008. But does anybody really believe it? The bank regulators sure don’t.
The 70th Anniversary of the end of World War II is just a year away. Let's truly honor the Greatest Generation. Let's redeem and renew the struggles for Freedom of Speech and Religion,and Freedom from Want and Fear.
What's the old Republican saying? "When I vote for a Republican, I want the real thing. I accept no substitutes." What's the old Democrat saying? "If I can't find a real Democrat to vote for I guess I'll just stay home."
Should Democrats run on what needs to be done or touting what has already been done? You wouldn't think this is a hard question. But the White House thinks its time to brag on the economy.
The latest Job Openings and Labor Turnover Summary underscores the penalty millions of workers are paying for the right-wing's sabotaging of the economic recovery.
Corporate “inversions” are all the rage. No, I’m not talking about Wall Street yoga — although the term does refer to a method for companies to twist and contort themselves in order to evade taxes.
The game plan: Adopt your competition’s failed economic agenda, make yourself your opponent’s pallid shadow, and base your campaign on issues, positions and priorities that have little or no support among voters.
In 1994, Newt Gingrich unified the House candidates around the "Contract With America" platform, but the Senate Republicans weren't on board and most legislation died there. Now, there isn't a Contract to unify one house, let alone two.
For many years there were some economists who argued that their discipline should focus on growth and not worry about inequality. But a research brief Standard and Poor’s concludes that growth versus equality is a false choice.
Americans are in a foul mood, for good reasons. Current polls suggest the fall elections offer little hope for change. Conservatives have failed; liberals remain too cautious. Only citizen movements can foster the change we need.
Problem: Your right-wing brother-in-law is plugged into the Fox-Limbaugh lie machine and keeps sending you emails about "Obama spending" and "Obama deficits." Here are three "reality-based" charts to send to him.
A student trying to save for tuition at an acting school works at a restaurant that pays her $2.77 an hour – so she's trying to earn enough in tips to cover the cost. Consider what's wrong with this picture.
Three Republican Senators up for re-election this year voted for the bipartisan immigration reform bill despised by the anti-immigrant right-wing. And as of last night's victory by Sen. Lamar Alexander all three won their primaries.
Sen. Rand Paul turned tail and ran away when confronted by undocumented DREAMers. But the GOP has a “Latino problem” it can’t run from, and right-wingers seem determined to make it worse.
New interviews with leading voices in the progressive education movement have brought to light how policy compromises forged by centrist Democrats have enabled truly bad consequences for public education. Progressives are saying "enough"
The numbers that accompany these deal announcements always seem impressive. Compared to the wealth that bank fraud has taken from American households, these settlements are a drop in the ocean.
Two University of Delaware economists looked at the 13 states that have raised their minimum wage and actually found that the job prospects of low-skilled workers in those states improved slightly.
As Yogi Berra says, "If something is unsustainable, it can't be sustained." At some point consumers will no longer be able to consume. But that will not occur in this quarter, which is what matters to Wall Street.
Why does Wall Street tank on news portending economic gains for most Americans? Don’t people with extra money boost the economy when they spend more freely? Isn’t it something worth celebrating? Not in an economy that caters to the rich.
Pundits suggest populism is capturing the Democratic Party and that populists should declare victory, invite all into their tent, and stop challenging wayward New Democrats and centrists who admit their errors.
The crisis that made the water in Toledo, Ohio, unsafe to drink this past weekend is over, for now, but the “perfect storm” that created it rages on: pollution, conservatism, corporate lobbying and climate change.
A Republican Senate candidate comes out against the Trans-Pacific Partnership. Two open letters from members of Congress question it. A former WTO director-general warns about it. And there are actions you can take.
The story of the 2014 Republican primaries is the failure of the Tea Party to punish Republicans who show openness to immigration reform. Unfortunately, it's a story that hasn't been told.