Low-income families weren’t the only ones hurt by cuts to food stamps last fall. Top Walmart executives also took a hit. But Walmart’s board rejiggered bonus criteria so executives could reap “performance” payouts, at taxpayer's expense.
Student loan debt is now approaching $2 trillion – talk about a bubble waiting to burst. "It doesn't have to be this way," Sen. Elizabeth Warren says as she introduces the Bank on Students Emergency Loan Refinancing Act.
President Obama sent Congress a $3.9 trillion dollar budget. Although his 2015 plan has been deemed more politics than policy, it's a blueprint of how to start repairing our economy.
The CPC budget offers Americans a common-sense set of choices on vital priorities. To do so, it has to take on big money and entrenched special interests. Common sense, it turns out, requires courage.
The Caucus' proposal is a loud and audacious rebuke to conservative austerity economics. It will be a sharp contrast to the budget expected to be introduced in April by House Budget Committee Chair Rep. Paul Ryan.
President Obama’s budget wasn’t actually dead on arrival last week. But Republicans knew it would speak to the hopes and dreams of everyday Americans. So they tried choking it.
The Democratic Party, and especially President Obama’s wing of it, must not define the leftmost boundary of political debate. If we are to see a “dream budget,” we need to dream bigger than this.
Yes, conservatives have tried for years to turn "tax and spend" into an epithet. But this strategy would reduce joblessness and inequality while stimulating the economy.
Again and again President Obama has proposed programs to help the economy and create jobs. Again and again these proposals have been obstructed by Republicans in Congress.
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.
House Speaker John Boehner has announced that Republicans plan to offer another budget proposal from Rep. Paul Ryan, the House Budget Committee chair, for fiscal 2015. Progressives should relish what's to come.
President Obama's 2015 federal budget comes weeks he after declared inequality “the defining moral challenge of our time.” Early reports about the budget show no signs of such broad moral sweep or scope.
Progressives campaigned aggressively to remove the chained CPI cut of Social Security benefits from this year’s federal budget because they view the document as rhetorical as well as practical.
Great news! The AP just reported that the chained CPI will not be in President Obama’s budget. This is a victory for populists who want politicians to fight for the majority of real Americans facing tough economic realities.
The White House has often been unwilling or unable to explain why additional spending is necessary to heal the economy – especially bad news for Democrats who'll have to face the voters in November.
Reagan’s economic legacy is one of failure, but in another way it could be argued that he was genuinely transformative: as the first celebrity politician for the modern corporate state.
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.
Free trade is not always a win-win proposition. It can be win-win under some circumstances, but it can also be a losing proposition under other circumstances. For the United States, the latter has too often been the case.
How did Tuesday night’s State of the Union speech resonate on Wall Street? Sometimes the old saying is literally true: Silence is golden. Perhaps that’s not surprising. But the nation deserved better.
How Many Republicans does it take to respond to the State of the Union address? The flurry of GOP responses to the State of the union reflect both the party’s disarray and the growing distance between the GOP and the majority of Americans.
The latest polling shows President Obama wins, and Democrats in Congress will win, with a progressive populist economic agenda. And they need not shy away from highlighting Republican obstruction and wrong-headed priorities.
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?
President Obama faces a choice of rhetoric on Tuesday night—but that choice is not just about political gamesmanship. It will have serious policy implications. But there is also an issue of simple credibility.
Elites believe that all that matters is that the possibility exists for someone to get rich. After all, that's their highest value, so it must be that for everyone. But acquiring great wealth isn't the holy grail for most people.
Economic inequality doesn't just happen. It's manufactured through bad economic policies that make the rich even richer. That can change, if our president lays out a bold and aggressive economic agenda to reverse these policies.
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.
Economic inequality is a major threat to human progress. Eighty-five people control the same amount of wealth as half the population of the world. This gives a few people too much power.
Congress this week assaulted the jobless in two ways – by leaving Washington without reviving long-term jobless benefits that expired last month and by passing a budget that does virtually nothing to boost job creation.
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.
Back in 1986, leaders of the US, Canada and Mexico sold the North American Free Trade Agreement to the public as an economic win-win for all parties involved. Twenty years later, we can test how those claims panned out in the real world.
Congress is back, but that doesn't mean Republicans are ready to get to work. Senate Democrats have scheduled a test vote to restore unemployment insurance, but Republicans won't approve an extension without something in return.
Democrats now sound like populists. President Obama calls economic inequality our "defining challenge." De Blasio won in New York City on a populist program. But a warning: Without a jobs message, conservative populism can win.
From the second inauguration of Barack Obama to the latest skirmish in the “War on Christmas,” a steady stream of outrageousness flowed from the American right this year. Here are the best of the worst of the right-wing in 2013.
The fight to extend unemployment insurance may not be quite done yet. Even the misanthropic Republicans are subject to the pressure from normal people not to be cruel and ungenerous, especially at Christmas time.
Three days after Christmas, 1.3 million Americans will lose their unemployment benefits. And, another two million will stop receiving assistance if Congress doesn’t extend long-term benefits by June. Our nation […]
Hard work, smart planning and perseverance made 2013 a year of inspiring fair-trade activism. This sets the stage for the most important fights on globalization and “trade” in decades, beginning in a few short weeks.
Forcing people off of unemployment insurance does not result in these people becoming employed, as all the Republicans insist will happen. Instead, they simply fall off the grid and have no discernible income at all.
... introduces a very useful piece of legislation. Now, employers may very well find ways to use this information anyway. But at least it's a consciousness raising exercise that could affect some corporations. This is good stuff.