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Another Bush Legacy: 84 Percent More Unemployed

Let history be clear on one point when it comes to Bush's mismanagement of the economy: Since January 2001, the month George W. Bush took office, the number of unemployed people has increased more than 84 percent. That statistic is based on seasonally-adjusted data...

Progressive Breakfast - 1/9/2009

ALERT: Horrific Job Losses In December New job numbers released this AM by Bureau of Labor Statistics are horrifying. 524,000 jobs lost in December. 2.6M jobs lost in 2008, majority in past four months. Manufacturing losses near 800,000 since Dec. 2007. Unemployment...

Missing From Obama's Speech: Business Tax Cuts

In President-elect Barack Obama's major economic address today, he laid out one dozen key planks of the American Recovery and Reinvestment Plan, including initiatives to: 1. "double the production of alternative energy in the next three years" 2. "modernize more than...

Economic Recovery Is Now Up To Us

Today, President-elect Barack Obama laid out the framework for his economic recovery plan and made the case for why Congress must "move as quickly as possible on behalf of the American people" to get a recovery plan passed, "working weekends if necessary," he added,...

Fixing the Economy. Seriously.

There were no theatrics. No single women came in to protest life’s travails, no displaced workers told of the factory shut down. Speaker of the House Nancy Pelosi’s Democratic Steering and Policy Committee Forum was government as it should be. Serious people hard at...

Progressive Breakfast: Bigger, Bolder, Better?

Progressive Breakfast is the morning roundup of what progressive movement members need to know to start the day. Econ Plan May Get Bigger and Bolder In CNBC interview by John Harwood, Obama indicates economic recovery could grow larger than $775B, in advance of major...

Progressive Breakfast - 1/8/2009

Progressive Breakfast is the morning roundup of what progressive movement members need to know to start the day. Econ Plan May Get Bigger and Bolder In CNBC interview by John Harwood, Obama indicates economic recovery could grow larger than $775B, in advance of major...

Mythbusting the Obama Recovery Package

Here it is: our moment of economic truth. We're standing at that historic fork in the road where the nation decides, now and for the foreseeable future, whether it's going to hang on to the catastrophic assumptions of the free-market fundamentalists and rely once more...

Don’t Fall For It

Don’t fall for it. The Republicans are attacking President-elect Barack Obama’s nomination of Eric Holder as attorney general. There are “red flags,” says Senator Charles Grassley, R-Iowa, starting with the pardon of financier Marc Rich. Don’t fall for it. Losing the...

Progressive Breakfast - 1/7/2009

Progressive Breakfast is the morning roundup of what progressive movement members need to know to start the day. Congress Chews on Econ Recovery, While Biz Tax Breaks Take Hits CAF’s Borosage urges a re-think on business tax cuts: “He's likely to pay a price both in...

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