by Robert Borosage | Jan 8, 2014 | Making it in America
Washington reality constantly astounds even the most cynical. The U.S. trade deficit with China has reached new heights (depths?). This deficit with one country – historically unprecedented – now approaches $1 billion a day, and is about 45 percent of our entire...
by Robert Borosage | Jan 2, 2014 | Uncategorized
New York City Mayor Bill de Blasio used his brief and compelling inaugural address to make clear one point: his campaign pledge to “take dead aim at the Tale of Two Cities” wasn’t just rhetoric; it will drive his administration. De Blasio’s inaugural revealed a savvy...
by Robert Borosage | Dec 23, 2013 | The New Populism
The Beltway crowd has discovered populism. Senator Elizabeth Warren's surging popularity from her aggressive defense of Social Security and demand for Wall Street accountability has triggered talk of a populist challenge to Hillary Clinton in 2016. Bill De Blasio...
by Robert Borosage | Dec 16, 2013 | Uncategorized
“Embrace the suck,” Democratic House Leader Nancy Pelosi advised her caucus,telling them to vote for the lousy budget deal to get it done so Democrats can focus on job creation, infrastructure funding, immigration reform and the minimum wage hike. With over 20 million...
by Robert Borosage | Dec 12, 2013 | Budget Talks, Economy
The bipartisan budget agreement released late Tuesday is being celebrated, largely for showing that a deal is possible. The deal is admittedly small ball, reducing about half of the sequester cuts in 2014 and one-quarter in 2015, a total of $41.7 billion in increased...