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Highest Ranking Senator On Debt Commission Heeds Warning From 300 Economists Will Anyone Else
UPDATE 9/22/10 7:45 PM ET: Sen. Durbin's view was not reported accurately by Bloomberg. He believes we should not begin deficit reduction until unemployment drops below 6%, not 9% as stated in the initial post below. More details here. Last week, 300 economists warned...
Progressive Breakfast - 10/6/2010
Each morning, Bill Scher and Terrance Heath serve up what progressives need to affect change on the kitchen-table issues families face: jobs, health care, green energy, financial reform, affordable education and retirement security. Health Reform Backers More Likely...
The French Connection That Jailed Banker Raises US Issues
Remember 2003, when so many Americans hated France for refusing to participate in the Iraq invasion? The airwaves were filled with insults about "effete" and "cowardly" Frenchmen, the phrase "cheese eating surrender monkeys" was on lips across the nation, and rich...
Robbing The Middle Class Republican Pledge Lets Wall Street Off The Hook
I didn't expect to see serious economic policy discussions in the "Republican Pledge To America," but even by Washington, D.C. standards, this document is staggeringly disingenuous. Not once in the entire 48-page screed do Republicans mention the words "Wall Street,"...
Americas Fiscal Choices We Still Have Them (For Now)
A dear departed friend of mine, Alex, was know for saying "We all have choices." It was usually in the form of advice and/or a warning to a friend who was about to make a disastrous choice, with serious implications for his or her future. The not-so-thinly...
More Consensus On Confronting China
A new example today of the consensus that has formed on confronting China's trade practices: At the America’s Fiscal Choices conference today economists Paul Krugman, Martin Feldstein and Jan Hatzius all agreed on the need for the dollar to fall. Last week, in...
Bankers Broke The Economy And Got Rich Doing It
Today’s absurd William Cohan column actually argues that we don’t need consumer protections in banking—nevermind the subprime explosion, the $8 trillion dollar housing bubble or the 1.2 million foreclosures expected this year. Nevermind the $38 billion in overdraft...
Why Wall Street Reform Should Hammer Bank Profits
Of the universal-policy-bloggers who occasionally wade into financial waters, Matt Yglesias is generally one of the best. But sometimes he's just flat wrong, and his post today on financial profits is one of those times. Matt argues that looking to financial profits...
The Health Care Ad War In Wisconsin Johnson Uses Polls Feingold Uses People
Yesterday I highlighted several campaign ads directly and indirectly defending a vote for the health care reform law. These ads are airing on the grounds that you can't win an argument without making one. One of those ads -- Wisconsin Sen. Russ Feingold's -- has drawn...
Progressive Breakfast Who Needs A Minimum Wage Anyway
Each morning, Bill Scher and Terrance Heath serve up what progressives need to affect change on the kitchen-table issues families face: jobs, health care, green energy, financial reform, affordable education and retirement security. Conservative Candidates Attack...
