by Robert Borosage | Apr 4, 2012 | Blog
Game on. President Obama delivered a fierce speech yesterday, calling out the radical nonsense of the Republican budget, and defining the themes of the choice Americans will face in the Fall. The speech was long, detailed, and unrelenting. I recommend taking the time...
by Robert Borosage | Mar 29, 2012 | Blog, Economy, Minimum Wage
In 2010, as the economy began its slow recovery from the Great Recession, a new study shows the richest 1 percent of Americans captured a staggering 93 percent of all income growth, while the incomes of most Americans stagnated. Ninety-three percent. Occupy that. The...
by Robert Borosage | Mar 22, 2012 | Blog
Yesterday, House Republicans rolled out their budget plan in the Washington version of a Hollywood movie opening. There was a star turn for Budget Chair Paul Ryan at a conservative think tank. Gaseous rhetoric -- "liberties endangered, time to choose" -- fouled the...
by Robert Borosage | Mar 20, 2012 | Blog
The Republican budget – released by House Budget Committee chairman Rep. Paul Ryan – is a remarkably revealing document. The budget document says it is time for America to choose. And with this document, Republicans choose to be the tribunes of the 1 percent, willing...
by Robert Borosage | Mar 9, 2012 | Blog
Originally published in Politico. Financial wilding led to our economic collapse. Use of exotic “innovations” — like derivatives and credit default swaps — exploded. Regulators were paralyzed while huge bets were made in the shadows. Markets, we were assured,...
