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How The Few Have Chosen Inequality For The Many

The last couple of months in Washington have been punctuated by burst of excitement as policymakers and pundits reacted to what to them was good news for the economy. The stock market is up. Consumer spending is up. Housing is booming again. The era of "uncertainty"...

Sherrod Brown: "Get Trade Right" For The Middle Class

Sen. Sherrod Brown, D-Ohio, argued that “trade policy needs to adapt to global challenges” and “trade done right creates prosperity for the middle class” during a speech on the “Competitive Agenda for a Global Economy” at the Center for American Progress on Friday....

Obama / Xi "Summit" -- Big, Big Issues

President Obama and Chinese President and General Secretary of the Communist Party Xi Jinping begin two days of "get to know you" meetings today near Palm Springs. Amidst talk of development of a new relationship, and "re-examining the premises" of our understandings,...

'No Change' Means No Relief From Our Jobs Emergency

The May jobs numbers – with a net growth of 175,000 jobs – shows an economy that is treading water. There is no change in the unemployment rate or number of unemployed, no change in number of long-term unemployed. Worse, there is no change in the employment-population...

Trash-Talking Economists

Thomas Carlyle called economics “the dismal science.” Journalist A. J. Liebling called boxing “the sweet science.” To read the Internet lately you’d think they got the two professions mixed up. Economics is becoming a battle royale, a free-for-all. It’s a melee where...

A Grand Exit From The Grand Bargain

The Center for American Progress, the most prominent left-leaning institution supportive of a "grand bargain" deficit reduction agreement that would include reducing Social Security benefits, today released a new report that effectively renounces that position. After...

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