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Moderation Takes on Radical Conservatism (and Loses)

Today's New York Times worries "That the Good Times Were Mostly a Mirage." The chair of the Federal Reserve, Ben Bernanke, gave our (former) prosperity and stability a name. He called it “the great moderation.” But radical conservatives mounted a multi-decade campaign...

The Cost of College: A Win for the Good Guys

What a difference a year makes. The Republican-controlled 109th Congress doubled student interest rates and cut $12 billion out of student aid. The new Democratic 110th Congress has cut the student interest rates and put $20 billion into aid programs. The money comes...

The Cost of College: Relief is in Sight

At last we get a little good news. The new Congress is presenting to the President a package of legislation designed to help working families afford the skyrocketing cost of college. He’s threatened to veto it but we’ll get to that later. Start with the good news....

Working through the Obstruction on Labor Day

It’s Labor Day and Congress is coming back into session. Time to step back to see where things stand, and what Congress can do about it. Start with the state of working America. It’s Labor Day after all, a holiday earned by organized labor and dedicated to working...

Arbitrary Justice, Hidden Truth

Purely by chance, I was in the middle of reading Katharine Graham’s autobiography when President Bush commuted I. Lewis “Scooter” Libby’s sentence. I had just reached the part where Graham, the publisher of The Washington Post during the Watergate era, was despairing...

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