Archive
Deficit Reduction: From Pain or from Gain?
The best way to reduce the deficit is to put people back to work. For proof, compare the U.S. and Spain. The U.S. has witnessed slow growth since coming out of the Great Recession in 2009. The result has been a deficit that has come down from over 10 percent of...
The Latest Lie: Republicans Oppose Spending Cuts
Republicans are now claiming President Obama is for big spending cuts that gut government and the things we do to make our lives better, and that Republicans are not for gutting spending. This one is almost funny, if it weren't for the damage that will be done to...
The Tea Party's Bitter Brew Served Up By Corporate Interests
If House conservatives entered a beauty contest, surely not a single one would make it past the first round – not because of their looks, but because of their dialogue. Every pageant queen knows that when thrown a softball question, you take it and answer...
Talking Postal Service And Privatization On Huffington Post Live
I was on Huffington Post Live today, talking about the story behind the recent news that the Postal Service is going to end Saturday deliver in August. I wrote about this recently in my post, The Postal Service Outrage.* This post outlines what is really going on with...
Who Would Oppose A Bill Fighting Chinese Hacking?
How come few if any of of the major-media articles reporting on Chinese hacking of computers in American businesses, news organizations and key infrastructure facilities mention that last year Senate Republicans filibustered a bill to do something about it? Here is a...
Will Pete Peterson's Half a Billion Bucks Buy a New Recession?
The "sequester" – mindless, across-the-board spending cuts designed purposefully to be abhorrent to both political parties – now seems likely to go into effect on March 1. If not reversed, we will see the degrading of all government services from food inspection to...
The GOP Is Losing The Sequester Blame Game
The "sequester" is a terrible idea. It will do terrible things to the economy and the lives of millions of Americans. It was a terrible idea from the beginning, when it was born of an ugly deal on the "fiscal cliff." It will be disastrous for the country, and cost up...
What's Keeping America From Doing What's Right For Children
This post is republished from the Education Opportunity Network, a new online publication edited by Jeff Bryant. After the horrendous slaughter of 20 school children at Sandy Hook Elementary School in Newtown, Connecticut, a heartbroken President Obama implored the...
Guess Which Deficit Fetishist Has Been Making Billions Off Of The Misery Of Average Americans?
Yes, Mr Prudent himself, the man who "worries" for your grand kids, has been looting his shareholders for decades. I guess he knows a thing or two about debt, but not in the way you think.
I knew he was a phony, of course, by the fact that he didn't say a peep when the budget was in surplus and the Democrats wanted to use it to shore up Social Security. (I guess he was too busy counting his billions during the tech boom to take the time.) But the minute President Bush pushed through his tax cuts (it's yer muneee!) Peterson jumped back into the fray screaming that the sky is falling, we must cut Social Security.
New Bowles-Simpson Plan Is Just More BS
A quick post about the new Bowles-Simpson plan that was announced yesterday because that's all it deserves: It's a total nonstarter. (If you haven't heard about it, here's Jeanne Sahadi's story from CNMoney.) Bowles and Simpson didn't have enough support to get their...
