by Zach Carter | Dec 8, 2010 | Blog
President Barack Obama and Congressional Republicans are ready to mortgage the American economy to billionaires in exchange for a few months of unemployment benefits. This deal is easily the gravest economic outrage of the Obama presidency to date, and signals that...
by Dave Johnson | Dec 8, 2010 | Blog
Until this week here is what we heard over and over (and over and over and over and over): Because of budget deficits (caused by tax cuts for the rich and huge increases in military spending) we have to cut spending, not invest in the American People, put off...
by Richard Eskow | Dec 8, 2010 | Blog
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...
by Dave Johnson | Dec 8, 2010 | Blog
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...
by Zach Carter | Dec 8, 2010 | Blog
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...
by Terrance Heath | Dec 7, 2010 | Blog
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...