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Obamas Tax Holiday A Poison Pill For Social Security

You know what they always say: Pay now or pay later. Middle-class Americans may pay very dearly for the president's tax deal, and at the stage of life when they can least afford it. By providing a temporary cut in the payroll taxes that fund Social Security, this deal...

Stop The Next Bad Deal The Debt Ceiling Fight

If you think the tax cut fight led to a bad deal… it may also lead to an expectation by conservatives they will finally be able to cut, gut or shut the government in the coming fight over raising the debt ceiling. The President and Democrats in Congress should take...

Highway Robbery and the Progressive Future

Kevin Drum gives a pretty thorough analysis of President Obama’s open assault on the mainstream Democratic Party at yesterday’s press conference, and declares that “programmatic liberalism is dead.” I think that’s more than a little exaggerated, but regardless, it’s...

Nothing for the 99ers (And Not Much For Anyone Else)

The deal is done - regarding tax cuts and unemployment benefits extensions — and while we all have a stake in it, most of us won't get anything of long-term value out of it. Least of all the 99ers — the people who have received benefits for 99 weeks, or...

Champions of the Already Haves

The deal is down. Liberals irate. The press trolling for firebrand denunciations of the president. So it is worth noting the obvious that could otherwise be lost in the noise. This was a negotiation in which the wealthiest Americans were represented by a unified...

Tuesday A Day Of Solidarity With The Jobless

While much of the media focuses on who wins and loses on Capitol Hill in the battle over extending the Bush tax cuts for the wealthiest Americans, the numbers of people who are the ultimate losers—unemployed people who have exhausted their unemployment benefits—keep...

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