President Obama's 2015 Budget picks good fights with the right enemies. It exposes those who oppose it for who they are. But his longer term projections are a slow retreat from where we need to go.
When Republican Rep. Dave Camp released a comprehensive tax reform plan, Republicans ran for the exits. They worry about the details that offend corporate lobbies. We should worry about the assumptions that offend common sense.
The old trade model has failed us miserably. Isn't it time to stop pursuing a fast track for another bad trade deal when the train is already off the rails? Isn't it long past time to take another look and think anew?
By a margin of one vote, a Republican filibuster blocked extension of aid to the long-term unemployed in the middle of the winter. Then the Senate adjourned for another vacation. This is a clear measure of who they are.
Democrats are remarkably unified behind the jobs and inequality agenda the president ticked off in his State of the Union address. But beneath this surface calm, there is a growing divide within the Democratic Party.
President Obama's SOTU called on the Congress and corporations to give Americans a raise. The president challenged Republican obstruction. But he seems to think the economic crisis is behind us. That won't be an easy sell.
The president's State of the Union address drew clear lines against Republican obstruction. But the president also suggested that the economic crisis was behind us. He'll have a hard time selling that.
Here are keys to look for in tonight's State of the Union speech. Does the president tell the people the truth? Does he indict Republicans for the economy? Does he drive issues that unite Democrats or issues that divide them?
1.6 million long-term unemployed workers have lost emergency jobless benefits. These are families that can no longer pay the rent, feed the children, keep the car. Tell Congress it must act now; there is no excuse for this cruelty.
President Obama faces a skeptical people as he prepares his State of the Union address, most of whom are convinced the country is on the wrong track. He must show them once more he is on their side.
A "new populism" is stirring, as the Democratic wing of the Democratic Party begins to challenge Wall Street's domination of our politics. But rebuilding the middle class will require a fierce, independent popular mobilization.
Don't believe the hype. The 1,582-page budget deal may be a return to bipartisan compromise and "regular order," but it punts on addressing the vital needs of this country. It continues austerity, while starving vital investments.
The December jobs report may be an anomaly. But the trend is not. We need federal action on jobs. Those who believe the recovery has sufficient momentum on its own are betting on hope and a wish.
Senator Max Baucus wants to fast-track consideration of a trade authority bill (a bill that would force Congress to vote up or down any trade accord put before it without amendments), before he goes to be U.S. ambassador to China.
Newly elected populist Mayor Bill de Blasio took the stage in New York at his inaugural on January 1. He didn't trim his sails, announcing his intention to make redressing the "inequality crisis" his central mission. A new era begins.
The beltway has discovered populism. The president has declared inequality to be the defining challenge of our time. Already the Wall Street wing of the Democratic Party is raising alarms. Here's a quick look at the new populism
The economy is lousy. The budget deal won't help. What will get this economy moving? "Tax-and-spend Democrats" willing to invest in vital areas and pay for it with taxes on the rich and the big corporations.
The bipartisan budget deal is celebrating, largely for getting a deal. But on the economy, what benefits it has are erased by the failure to renew emergency jobless benefits. Washington continues to impede any recovery.
The budget deal announced yesterday in Washington offers temporary relief from budget crisis, hostage-taking, government shutdowns. But it does nothing to deal with the problems the country faces. And the reasons for that are clear.
The Bureau of Labor Statistic reports that the economy added 203,000 jobs in November, with the official unemployment rate declining to 7.0%. This is good news, but we still are a long way from an economy that has recovered from the fall.
President Obama declared inequality and an economy that is not working for working people the "defining challenge of our times." He offered an agenda for change and opened a debate that progressives should expand and pursue.
President Obama tells Americans the country is on the right track, but Americans aren't buying. The problem isn't the botched Obamacare launch. It is that the economy doesn't work for working people.
Bizarrely, Republicans are beginning to brag about sequestering America. Sequestration budgets cuts were designed to be repugnant. They fulfill that expectation. But Republican leaders argue that they "are working, and vow to sequester America.
It's back. A manufactured budget crisis. Failed negotiations. A threatened shutdown. And emerging from that nightmare, the continued horrors of mindless, meat-cleaver sequestration budget cuts. It is time to end the sequester horror show.
Beneath the Tea Party-generated gridlock in Washington, continued mass unemployment and growing inequality are confounding the old economic consensus. Heresies sounded in the temples of the old faith suggest the debate on reform has only begun.
The October jobs report by the Bureau of Labor Statistics showed an economy that is going nowhere. The jobs calamity continues with no relief in sight. Congressional budget negotiations must focus address the jobs crisis.
Sen. Elizabeth Warren's appearance at the CAF 2013 Awards Gala on Wednesday night reflects her growing stature as a leader of the Democratic wing of the Democratic Party.
Another month, another budget crisis. This time, Republicans can't afford to shut the government down again. And Americans don't buy what Republicans are peddling. Democrats would do well to stand strong for the vast majority.
There they go again. Another manufactured crisis. Another budget deal. More posturing on core principles. More consensus on austerity. Here's how common sense gets lost in the fog.
The September jobs report assesses the labor market before the damage inflicted by the government shutdown. The news isn't surprising. For workers, the "recovery" remains an illusion.
The Republicans finally caved. The Tea Party zealots have been routed. But the beatings haven't stopped; they've only been suspended. The deal that reopens the government sets the date for the next contrived crisis two months from now.
With America on the verge of defaulting on its debts, Senator leaders are reportedly near a deal. It ends the Tea Party's hostage crisis, but schedules the next one only three months from now.
When Washington went to the beach, progressives opposed to the Summers nomination organized. What is clear now is that the Democratic wing of the Democratic Party is willing and able to challenge its Wall Street wing.
Republicans are gearing up once more to hold the nation hostage over the budget. As the melodrama and posturing rev up, here is a common-sense field guide for the self-inflicted crisis.
Instead of continuing its failed austerity-lite policies, Congress should be moving to a jobs agenda, making the investments that will help put people back to work.
The “boys club” that dominates Obama administration economic policy is all in for Larry Summers. The divide between Summers' critics and the insiders dramatizes the looking-glass world that is today’s Washington.
Most babies born in the U.S. today are of color. In three decades, more than half of our population will be people of color. Yet, even as diversity is our future, growing racial disparity is our reality. People of color are disproportionately poor.
The chattering classes are fascinated by the Republicans’ internecine battle to redefine the party in the wake of the George W. Bush calamity and the Mitt Romney defeat.
The Bureau of Labor Statistics reports a net gain of 162,000 jobs for July, somewhat below the slow growth we’ve witnessed over the past months. The decline of the official […]