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The Truth About Tax & Spend Conservatism Pt 2

Like I said earlier, the truth about "Tax & Spend Conservatism" is that it isn't about raising or cutting taxes, but about whose taxes are raised and whose taxes are cut. It's about, as Robert Borsage put it, who gets hit with the tab for the great...

The Truth About Tax & Spend Conservatism Pt 1

Last week, I wrote of strange fiscal shenanigans in the reddest of the red states; like tax increases in Mississippi and increased government spending in Texas. "So," I asked, "why are Texas and Mississippi having serious budget problems? And why are...

Stiglitz Common Sense Pierces the Budget Hysteria

Common sense is an endangered species in today’s budget frenzy. Inside the Beltway, millions of dollars have gone into a concerted campaign to elevate hysteria about deficits, in an effort to roll Congress into deep cuts in entitlement programs. On the right, the Tea...

IMPORTANT Call Now To Save Social Security

Today is a national call-in day to let Senators know that there is support for keeping Social Security out of the budget debate. Here are some facts. Social Security cannot borrow, so it does not contribute to the deficit. In fact, working people have been paying a...

Flooding The Market

Last week I said that the current budget debate comes down to two competing messages: The Republicans need to convince the people that the way boost the economy and create jobs is to eliminate the deficit. The Democrats need to convince people that the way to...

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