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After Summers Which Path Will the President Take

Now that Larry Summers is leaving, the President has a decision to make. His choice of a replacement will send a signal about the next two years of economic policy. That signal can restore consumer confidence and reinvigorate the electorate, or it can lead to even...

In the United States Today Even Happiness Has a Price

You want to be happy? You don't need to be rich, says some fascinating new academic research. But you do need not to be poor. So how much income must you actually have to achieve a reasonable facsimile of nirvana? Here's what the researchers are saying. How much money...

Young Guns Half-Cocked

A few things become clear upon picking up Young Guns: A New Generation of Conservative Leaders, the new book by Republican House members Paul Ryan, Eric Cantor and Kevin McCarthy. First, "young" is apparently a relative term in the GOP. Second, a better title might...

Wall Street Wrecked The Economy Not Big Government

Over at bloggingheads, my CAF colleague Bill Scher discusses the new international banking standards with Conn Carroll, a conservative blogger for The Heritage Foundation. Carroll actually agrees with a lot of what I have to say about Basel III, but I he draws...

Progressive Breakfast - 9/21/2010

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. Deficit Commissioner Says Don't Cut...

Progressive Breakfast Debt Commish Member Says Dont Cut Yet

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. Deficit Commissioner Says Don't Cut...

Who Will March For Patricia Reid

What do you say to a person with a story like the one of suburban Seattle resident Patricia Reid, the unemployed 57-year-old profiled in The New York Times on Monday? ...[F]our years after losing her job she cannot, in her darkest moments, escape a nagging thought:...

Obama Needs Congress Help On China Currency

President Obama, speaking to a CNBC town hall on the economy today, China 's currency is valued lower than market conditions would say it should be. That means they can sell stuff cheaper here, and our stuff, when we try to sell there, is more expensive. So it gives...

The Recessions Over The Emergency Isnt

According to a flurry of headlines today, a panel of economists just announced that "the recession's over." Is that true? Yes. Does that mean we're no longer in a crisis, or that steps to fix the economy aren't as urgently needed as they were before? Absolutely not....

An American Prospect

Two new government reports illustrate the complex and troubling state of opportunity in America, but also the right way forward. The first set of data, by the Bureau of Labor Statistics, found that the gender pay gap is at a historic low, with women earning almost 83¢...

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