Archive
Trade Deficit Blows Up
There was (yet more) bad economic news this morning. Reuters: US trade deficit grows to 31-month high. While oil takes part of the blame, the problem is not all oil: Oil imports helped widen the U.S. trade deficit to $50.2 billion in May from $43.6 billion in April,...
Saving Some Good Fights For Later
Ezra Klein tells us what was in the Really Grand Big Deal and it's enough to make you feel as if somebody slipped some LSD in your coffee: I knew the White House wanted a compromise on the debt ceiling. I just didn't expect them to do quite so much, well,...
Third Way is No Way for Social Security
CO-AUTHORED BY NANCY J. ALTMAN and ERIC KINGSON, co-chairs of the Strengthen Social Security Campaign (www.strengthensocialsecurity.org) In a recent Politico column, Jon Cowan and Jim Kessler, respectively the president and senior vice-president of The Third Way,...
Mr President You Dont Strengthen Social Security By Cutting It And Raiding It
This article was co-written with Nancy J. Altman, co-chair of the Strengthen Social Security Campaign. President Obama, in his news conference today, again acknowledged that Social Security is not the cause of our national deficit. Yet he continues to suggest it...
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: Ignorance Index...
Progressive Breakfast - 7/12/2011
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: Ignorance Index...
Why Conservatives Cant Afford Government Default
As the deadline nears for national default if Congress does not raise the debt ceiling, the two parties appear deadlocked over ending tax breaks for the wealthiest Americans, which Republicans oppose, and deep cuts to Social Security and Medicare, which Democrats...
Dim Bulbs in the GOP House Majority
A light bulb burned out in our house last night. It popped when I turned on the light switch and — as dim bulbs usually do — burned intensely bright just before it went dark for good. That bulb reminds me of the Republican majority in the House, which is set to vote...
Trickle-Down Austerity
David Leonhardt: In all kinds of ways — consumer demand, the federal deficit, even the weather — the medium-term future is highly uncertain. But this uncertainty, while the main problem, is not the only problem. We are also committing an unforced economic error. We’re...
Progressive Breakfast - 7/11/2011
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: Job Bleeding:...
