Archive
Lords of Disorder: Billions For Wall Street, Sacrifice For Everyone Else
The President’s "sequester" offer slashes non-defense spending by $830 billion over the next ten years. That happens to be the precise amount we’re implicitly giving Wall Street’s biggest banks over the same time period. We're collecting nothing from the big banks in...
Only Two Days Left: Tell Congress To Repeal The Sequester
Our month-long campaign to “disarm the austerity bomb” and repeal the sequester is gaining traction in Washington. On Monday, leaders of the Congressional Progressive Caucus joined our call, saying if Republicans refuse to compromise, then we should simply “eliminate...
350 Economists Warn Sequester Cuts Could Kill Recovery
How many economists does it take to make the Congress, President Obama and the media pay attention? Nobel laureate Paul Krugman has been warning of the dangers of austerity in his New York Times column and on TV for a long time. But the media treats him as an...
Tell Washington To 'Pull The Pork' From Defense Spending Hogs
While progressive organizations, Democrats in Congress and the Obama administration correctly focus on the damage the federal spending cuts to be forced by the March 1 sequester will do to the overall economy and to vital government services, USAction is using...
Is Right-Wing School Reform (Texas) Toast?
This post is republished from the Education Opportunity Network, a new online publication edited by Jeff Bryant. It's a conventional wisdom among Democrats to write off the state of Texas as a land of gun wielding troglodytes who genuflect to Rush Limbaugh and swill...
Top GOPer Admits Massive Flip-Flop On Military Sequester Cuts
Let's play: Pretend A Democrat Said That. From CNN, here's Senate Minority Whip John Cornyn claiming the sequester won't hurt the military: Sen. John Cornyn of Texas said he plans to make the case to other Republicans and the public that despite warnings from the...
The Sequestering of Barack Obama
President Obama has miscalculated both the tactical politics of the sequester and the depressive economic impact of budget cuts on the rest of his presidency. The sequester will cut economic growth in half this year. But it’s now clear, one way or another, that we will get cuts in the $85 billion range that the sequester mandates this fiscal year. All that remains are the details.
GOP Coddles the Rich; Cuts the Rest
Last week, President Obama described the sequestration situation in simple, stark terms: keep it in place and punch the middle class in the gut. Or, he suggested, soften the blow substantially by ending special tax breaks for the rich. Here’s what he said:...
Progressive Breakfast
OurFuture.org's Dave Johnson: "There is no deficit problem. The deficit is down 50 percent as a share of gross domestic product just since President Bush’s fiscal year 2009 deficit and is falling at the fastest rate since the end of World War II ... [But only] 6...
Deficit Is Falling Dramatically, But Only 6% Know That
There is no deficit problem. The deficit is down about 50 percent as a share of gross domestic product just since President Bush’s fiscal year 2009 deficit and is falling at the fastest rate since the end of World War II.
