Archive
The CBO Report: Six Things You Can't Talk About in Washington
Whom the gods would destroy, the old saying says, they first make mad. And there's no quicker way to become completely untethered than to read economic reports, including the latest one from the Congressional Budget Office, and then watch the political debate go on as...
House Conservatives Disregard The Damage Their Austerity Bomb Would Cause
Do House Republicans really believe they have their constituent’s best interests at heart? Obviously not, due to their receptiveness to deep cuts in vital social programs while simultaneously safeguarding the wealthiest American’s from paying more. Do House...
They Talk Deficits Instead Of Jobs -- It's Corruption
Washington is back to talking about deficits and not about jobs. Didn’t we just have an election? Didn't we vote to tax the wealthy, provide public services and benefits and provide people with jobs? Isn't the deficit down 50% from where Bush left it? So why are even...
Why Eric Cantor Can't Rescue the GOP's "Lost" Message
House Majority Leader Eric Cantor is working hard to rescue the GOP's "lost" message. You can't blame him for trying. There are, of course, several problems. Not the least of which is that it looks like GOP leadership still believes "message" and "tone" were what...
Progressive Breakfast
MORNING MESSAGE: Sequestering Hope OurFuture.org's Robert Borosage: "Moderation in a madhouse is a dubious virtue. A balanced dose of poison may mask, but doesn’t stop the damage. Yet, this is what the president was reduced to in Washington Mad Hatter Budget Debate...
Progressive Breakfast
MORNING MESSAGE: Sequestering Hope OurFuture.org's Robert Borosage: "Moderation in a madhouse is a dubious virtue. A balanced dose of poison may mask, but doesn’t stop the damage. Yet, this is what the president was reduced to in Washington Mad Hatter Budget Debate...
Sequestering Hope: Washington's Mad Hatter Budget Debate
To force unpopular and wrong-headed cuts in Social Security and Medicare, the Republican House caucus used their retreat to line up new rounds of fiscal hostage-taking. First up on March 1 is the sequester – deep, indiscriminate and immediate cuts of about 8 percent of military spending and 5 percent of domestic services in the remaining seven months of the fiscal year. Then comes the threat to shut down the government with the expiration of the continuing budget resolution and then another threat to default on the nation’s obligations with a debt ceiling crisis beginning in mid-May.
Why the Government's Lawsuit Against Standard & Poor's Matters
We gave these "agencies" all this power, along with a huge financial incentive to rate garbage as if it were roses. Then we, in the form of government regulators, looked the other way. And now we're shocked - shocked! - that these for-profit companies were behaving ... well, like for-profit companies.
Repealing The Sequester Is The Real Balanced Approach
After President Obama called on Congress today to postpone the deep across-the-board federal spending cuts set to kick in on March 1 in the so-called sequester, Campaign for America’s Future co-director Robert Borosage responded by declaring that the sequester "should...
Reporters: Ask About The TRADE Deficit
Government spending is We, the People doing things to make our lives better. Trade deficits are caused by billionaires and their giant corporations pitting America's working people against exploited people who have no say, so they can drive down our wages and pocket the difference. Have you noticed that the people who are making the most noise about the budget deficit tend to be the same crowd that's benefiting from the ruinous trade deficit?
Budget vs trade deficit... You can learn a lot about how our country's media and policy apparatus works by taking a good look at the way the two are handled. One -- pushed by the billionaires and their giant corporations -- gets all the attention. The other -- the cause of the destruction of our middle class -- gets none.
Reporters and others: you should ask policymakers what they plan to do about the trade deficit -- that's the one that really is hurting the country.
