Archive
Alan Simpson Plays Lucy Holding the Football
We all despair of the chump Charlie Brown. Each fall Lucy promises to hold the football. Charlie trusts her. And --bam -- she pulls it away at the last moment each time. Well, the clownish Alan Simpson, dyspeptic co-chair of the president's deficit commission, is...
Robert Reich Gets It Tell the Right Story
Robert Reich pleads with Democrats, and President Obama to give Americans a clear explanation about why the economy stinks. He gets it right. The newly liberated leadership of the Democrats in the House would be wise to make this their message and their agenda: Quiz:...
Fed Audit-- Liveblog on Data Dig
Just starting to parse through the Fed audit data. Looks like the Primary Dealer Credit Facility is predominantly a bailout for Citigroup and Bank of America. More to come . . . UPDATE: Looks like in the early days the Primary Dealer Credit Facility was almost...
Before Simpson-Bowles Spins The Vote We Must Raise Our Voice
On Wednesday, the White House deficit commission is expected to take a final vote of the recommendations of its co-chairs Alan Simpson and Erskine Bowles. Then the battle for public opinion really begins. As the Wall Street Journal reported today, there is little...
Jobs First Any Other Deficit Plan Sells America Short
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Its Time to Save the Democrats From Themselves -- And All of Us From Deficit Extremism
It's come to this: At a strange and bitter press conference this afternoon (where they even accused their opponents of "racism"), the co-chairs of the Presidential Deficit Commission laid out a proposal that literally meets the dictionary definition of extremism....
10 Reasons Why The Fiscal Commissions Social Security Proposals Should be DOA
The co-chairs of the White House National Commission on Fiscal Responsibility and Reform released its deficit-reduction ideas earlier today, and a range of progressive leaders are united in saying its proposals, particularly on Social Security, should be rejected...
10 Reasons the Deficit Commission Proposal is Still Unconscionable and Unacceptable
The co-chairs of the Presidential Deficit Commission released the final draft of their report today, and it's now scheduled for a Friday vote by members of the Commission. We're being told that it's a fairer and more reasonable document than its predecessor. It's...
Do Tax Cuts Help The Economy
In the news: Congress debates extending an extra tax cut for the rich, Obama's "deficit commission" proposes tax cuts to cut the deficit. Both of these assume tax cuts help the economy. But do they? What is the record? In this morning's public hearing of the National...
Citizens Commission The Real Issue Is Jobs
Members of the Citizens' Commission on Jobs, Deficits and America's Economic Future formally released their report earlier today with a declaration that the commission created by the White House to come up with a deficit-reduction plan is poised to make the economy...
