Word to conservatives: Don't bother trying to peddle your divisive politics to African-Americans; it won't work anymore.
Pressure for a deal to avoid the so-called "fiscal cliff" at the end of the year is building.
Public education’s fiscal cliff already happened. The “austerity bomb” Paul Krugman warns us of in the New York Times was already dropped on public schools at least two years ago. […]
Upon rumors of purported “grand bargain” including $400 billion in cuts to Medicare, Social Secuirty and Medicaid, Rep. Keith Ellision. the leader of the House Progressive Caucus, just said NO: […]
Not that anyone cares, but it seems that a vast majority of the American public think raising the Medicare eligibility age is stupid.
In a surprise move, fast food workers in New York City walked out to strike for better pay. Like Walmart workers a week ago, they are joining the fight to […]
Originally posted at Capital Gains and Games. I first posted about the budget dilemma Hurricane Sandy presented to congressional Republicans in general and House Speaker John Boehner (R-OH) on October 31. At that time I said there were three questions. The questions are now starting to be answered.
An extremist website called World Net Daily says that the Campaign For America’s Future, where I am a Senior Fellow, is “radical.” They’re worked up about our Wage Class War […]
House Speaker Boehner and Senate Minority leader each claimed this week that higher taxes on the wealthy will cause the “job creators” to cut jobs and “hurt growth.” The Heritage […]
There has been a lot of discussion about Congress enacting a “grand bargain” during the lame duck session of Congress. Many members of Congress have talked about using the plan put forward by Alan Simpson and Erskine Bowles as an outline for a “balanced” approach to deficit reduction.
In the campaign Romney and Republicans promised to crack down on China’s currency manipulation on the “first day.” Yesterday the Obama administration again declined to label China as a currency […]
Here’s a CNBC celebrity having a fit when Raul Grijalva suggests that Medicare shouldn’t be cut: She seemed to be having a very hard time controlling herself. Meanwhile, let’s have […]
Without the White House and House Republicans seeing eye to eye — and they still definitely don’t — we’re no closer to a deal to stop the fiscal cliff than we were before the start of the Thanksgiving recess.
It’s like a Woodstock for plutocrats, or an Avengers for the avaricious: The CEOs of America’s largest corporations have banded together to lecture us on the importance of debt reduction. […]
While the lame-duck Congress debates the so-called "fiscal cliff" that isn't a cliff, the public has weighed in. A new poll shows the public overwhelmingly supporting tax hikes for the rich and opposing Medicare cuts.
In eight of the 10 battleground states (Florida, Iowa, Nevada, North Carolina, Ohio, Pennsylvania, Virginia, Wisconsin), President Obama won voters with incomes under $50,000 while losing voters with incomes of more than $50,000.
For years progressives have simultaneously envied and despised Grover Norquist for his ability to organize conservatives and keep them organized, and more recently for the power his anti-tax pledge has […]
Congressional Republicans in general and House GOP'ers in particular have been saying since Election Day 2010 that the Gingrich Republicans of the mid-1990s compromised too early with Bill Clinton on the budget and would have gotten much better deals if they had only held out longer.
The workers at Walmart have taken the first step. Some have stood up to the immense power of Walmart. This is a crack in the Walmart wall, a crack that can widen and eventually change our economy.
Senator Dick Durbin, Senate Majority Whip and one of President Obama’s closest allies, laid out his principles for a deal in the current fiscal showdown today in a speech at the Center for American Progress. The nuanced speech was a revealing mixture of common sense and nonsense.
This Friday we appeared on Thom Hartmann’s television show The Big Picture to discuss a new report on the dimly-lit world of shadow banking. Interesting stuff – we’ll be writing […]
The statisticians were right about the election.
Americans today can take more than inspiration from the struggles against plutocracy that progressives waged years ago. They can take a host of still relevant — and cutting-edge — policy proposals.
Just this: You’ve heard the story many times: Supposedly, any day now investors will lose faith in America’s ability to come to grips with its budget failures. When they do, […]
The term “fiscal cliff” is a one-sided propaganda phrase that misinforms and triggers public fear and anxiety. The fiscal cliff is not a “cliff” and the country isn’t going to […]
Macy’s is sponsoring a big holiday-season event in which empty but glittery baubles are filled with hot air and sent heavenward, then dragged through the streets before cheering and unthinking […]
Happy Thanksgiving in corporate-owned America. Walmart workers are preparing for “Black Friday” actions nationwide as the company continues to drive wages and benefits down. And Thanksgiving-day-parade-company Macy’s CEO is standing […]
A new advertising campaign from three major unions is targeting key congresspeople with a clear message: the way to reduce the deficit is by “creating jobs and growing our economy” […]
You’ve probably heard that Hostess is closing down and putting more than 18,000 people out of work because greedy unions asked for too much. It’s a lie. Ask yourself this: […]
The anti-Social Security propagandists should’ve thought this one through a little more carefully: On the same day that Goldman Sach’s CEO issued his “balanced” demand for Social Security and Medicare […]
Yes, the poor have struggled mightily while our rich have become phenomenally flush. But middle-income Americans haven’t been able to jump off the treadmill either. We’ve all heard plenty of […]
Republicans, the party of the nation’s entitled rich, are holding a knife to the throat of America’s frail recovery. The GOP sore losers have America up against a wall. Republicans […]
Hey GOP, here’s some friendly advice. You know that diverse coalition that carried President Obama to victory (not to mention sending a number of progressives to the Senate, and delivering […]
Building on a recent New York Times article, this weekend National Public Radio wondered if this is Obama’s ‘Roosevelt’ moment.” But the Roosevelt in question isn’t Franklin D. Roosevelt, the […]
I joined Campaign for America’s Future’s Richard Eskow to talk about the “fiscal cliff” scare, austerity, Social Security, Medicare and how we WON the election so we really should be […]
Originally published at Capital Gains and Games. The Dow Jones Industrials Average was in negative territory on Friday morning when congressional leaders emerged from their first fiscal cliff meeting at […]
Gotta hand it to ‘em: Those Wall Street guys are smart. They’ve already found two ways to plunder the nation’s wealth for their own enrichment, and now they’re working on […]
In President Obama’s stunningly convincing reelection, only part of his education policies got reaffirmed — the part he talked about most of the time during the campaign. Meanwhile, the president’s […]
For years now, various gangs of Senators - the Gang of 8, or 6, or 14 - have declared dire deficit emergencies and called for austerity: Cut public spending and cut Medicare, Medicaid and Social Security benefits, they tell us.
Here’s a little something for the “some things never change” files: Here’s a radio speech 11/5/34 from Chairman Henry P. Fletcher, Republican National Committee: “We face unusual obstacles. Our party […]