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As the new Congress and president forge ahead on an economic recovery plan of at least $500 billion, don't be surprised if you hear conservatives wail that it amounts to wasting $280,000 for every job it creates. And don't believe it. Last week, former Bush...

All eyes this week will be on the return of the auto industry’s Big Three to Capitol Hill. No one knows for sure what will happen with the industry’s bailout request. But one thing seems certain: The Big Three’s CEOs couldn’t possibly give...

Everybody is saying the same thing. Stimulus plans don’t mean tax rebates worth a few tanks of gas and a restaurant dinner. Stimulus plans means new roads and bridges, aid to states so they won’t lay off nurses and teaching assistants, and a down payment on a new...

This hasn’t been a great fall for the brilliant, bright shining superstars who sit at the top of America’s economic ladder. Their genius suddenly seems suspect. From Wall Street to Silicon Valley to Hedge Fund America, the smart boys are reeling. Consider,...

As we all know, Mitt Romney is the smartest and greatest businessman that ever graced our land. For some reason, I haven't heard him weigh in on the bailout of Citigroup. But since he already offered a plan for dealing with the struggling auto companies, I imagine we...

In the deluge of financial news, one story that is emblematic of the colossal failure of the conservative approach to government has gotten too little attention: The Washington Post's in-depth look Sunday at the Office of Thrift Supervision. Like so many federal...

Today there are new signs that President-elect Obama's economic team and the Democratic leadership in Congress are prepared to commit to an economic recovery plan that is suited to the scale of the problem. But the progressive movement will still have to push the...