Archive
Republicans Hostage Taking Works
What did Republicans learn from the debt ceiling debacle? All the wrong lessons. Here is Senate Republican leader Mitch McConnell gloating about taking the economy "hostage." "I think some of our members may have thought the default issue was a hostage you might take...
Stock Market Plunges The Free-Market God Is Angry With His Followers
The American people have just endured a months-long bipartisan battering with words, as politicians and talking heads from both parties insist that they "take their medicine" by enduring severe austerity cuts. Against all evidence, they were told that this would be...
The Rift
The new CNN poll shows that the public thinks everyone is Washington acts like spoiled children and that they don't think default would have amounted to much. They are pretty much evenly divided as to whether or not this was a good deal. (Most people approve of the...
Progressive Breakfast - 8/3/2011
Each morning, Bill Scher and Terrance Heath serve up what progressives need to effect change on the kitchen-table issues families face: jobs, health care, green energy, financial reform, affordable education and retirement security. MORNING MESSAGE: Democratic "Super...
Progressive Breakfast
Each morning, Bill Scher and Terrance Heath serve up what progressives need to effect change on the kitchen-table issues families face: jobs, health care, green energy, financial reform, affordable education and retirement security. MORNING MESSAGE: Democratic "Super...
Democratic Super Committee Appointments Must Protect Vital Programs
Democratic House Leader Nancy Pelosi (D-CA) and Senate Democratic Leader Harry Reid (D-NV) should use their power to appoint members of the “Super Committee” created by the new debt ceiling legislation to make sure that the Democratic half of that powerful group will...
A Promise to Change The President Other Dems Pledge to Fight For Jobs and Growth
In the wake of a deal that included all the wrong things, today the President finally said all the right things. His agreement with the Republicans included no investment in economic growth, no job creation, no tax increases on the wealthy, no closing of corporate...
Questions For Congress Members Now Where Are The Jobs
Even Wall Street today rendered an unexpectedly brutal verdict on the passage of the deficit-reduction deal signed off on by President Obama and congressional leadership. Today, the Dow Jones Industrial Average fell more than 265 points, falling below 12,000. The...
Get Prepared for Hand-to-Hand Budget Warfare
By the time you read this, one of two things will have happened: Either the shouting about the debt ceiling will have turned into complete silence because the deal was enacted, or it will have grown into the decibel equivalent of a multiengine military jet going...
Why Democrats Lose The Super Committee Appointees
The debt ceiling agreement passed by Congress today sets up a 12-person "super committee" with extraordinary powers and the mandate to locate $1.5 trillion in spending cuts and/or increased revenues for expedited vote by December. The Republican and...
