by Robert Borosage | Dec 11, 2013 | Budget Talks, Economy
The Beltway breathed a huge sigh of relief with the announcement of the budget deal cobbled together by Senator Patty Murray and Rep. Paul Ryan. It is the deal, not the substance, that is being applauded. If it overcomes opposition from a hostile right and largely...
by Robert Borosage | Dec 6, 2013 | Uncategorized
The November Bureau of Labor Statistics job report – with a reported increase in 203,000 jobs and an unemployment rate of declining to 7.0% – shows a continuing but slow recovery. The celebration should be muted. Jobs growth has now averaged about 194,000 jobs...
by Robert Borosage | Dec 5, 2013 | Economy, Progressive Vision
President Obama on Wednesday put before Americans the “defining challenge of our times: turning around a “dangerous and growing inequality” and “making sure our economy works for every working American.” This was a bold step for a president presiding over a recovery...
by Robert Borosage | Nov 27, 2013 | Uncategorized
President Obama traveled to Hollywood’s DreamWorks studio to address the economy yesterday. The speech itself was economical, recycling many of his favorite tropes. But it revealed the perils Democrats face if they let the president define their agenda and argument...
by Robert Borosage | Nov 25, 2013 | Uncategorized
Bizarrely, Republicans are beginning to strut about sequestering America. Sequestration budget cuts – the automatic, mindless across-the-board annual cuts of roughly $100 billion from military and domestic spending – were designed to be repugnant. Legislators,...
