by Dave Johnson | Mar 27, 2013 | Economy, Minimum Wage
A new study, Democracy and the Policy Preferences of Wealthy Americans, by Professors Benjamin I. Page, Jason Seawright and Larry M. Bartels sought to gauge the political and policy priorities of the wealthy, and how these concerns contrast with the concerns of the...
by Mary Bottari | Mar 26, 2013 | Financial Reform, Too Big To Jail
A JPMorgan Chase employee stepped onstage at a black-tie gala on Wall Street last week to accept a “best crisis management” award given by an investor relations magazine. The bank, which was recently the subject of a U.S. Senate investigative hearing and an ongoing...
by Bill Scher | Mar 25, 2013 | Reagan Revolution
Today, The Week published my essay "Why Obama's Legacy Doesn't Need a Grand Bargain." While austerity ideologues like Alan Simpson are insisting that President needs a "grand bargain" -- swapping entitlement reform for tax reform -- to have a great historical legacy,...
by Terrance Heath | Mar 25, 2013 | The Sequester
With apologies to Victor Hugo, apparently nothing in Washington is as powerful as a bad idea whose time has come — or at least, a bad idea no one in Washington has the political will or ability to stop. The sequester is one such idea. Born from the ashes of the...
by Benjamin W. Veghte | Mar 22, 2013 | Chained CPI
The Peterson syndicate has just released another volley in their campaign to undermine Congressional support for Social Security – this time a report from its Moment of Truth arm entitled “Measuring Up: The Case for the Chained CPI.” It makes a series of specious...
by Robert Reich | Mar 22, 2013 | Back to Work Budget, Chained CPI, Too Big To Jail
Prominent Democrats — including the President and House Minority Leader Nancy Pelosi — are openly suggesting that Medicare be means-tested and Social Security payments be reduced by applying a lower adjustment for inflation. This is even before they’ve started budget...