by Dave Johnson | Dec 3, 2010 | Blog, Economy, Making it in America
You’ll be hearing a lot about a Korean Free Trade Agreement in the next few days. Negotiators are finalizing last-minute changes to the Korea Free Trade Agreement before President Obama arrives in Seoul Thursday for the G20 and to meet with President Lee Myung-bak....
by Dave Johnson | Dec 3, 2010 | Blog, Economy
The way a lobbyist argues for or against anything today is to say it will create or cost jobs. Prohibiting lawsuits against giant corporations that harm people creates jobs. Making oil drilling safer costs jobs. Tax cuts for the rich creates jobs. Just getting rid of...
by Dave Johnson | Dec 3, 2010 | Blog
Trade is good. Honest, free and fair trade brings prosperity to everyone involved. Unfortunately the kind of one-sided, exploitative trade deals that have been negotiated in the past might have made a few elites very rich in the short term but threaten to impoverish...
by Robert Borosage | Dec 3, 2010 | Blog
David Brooks is always a good marker of establishment conventional wisdom. Today, in a column grandly entitled, “A Tax Reform Vision,” Brooks celebrates the growing beltway consensus on tax reform, suggesting that a bipartisan accord could be built around lowering tax...
by Dave Johnson | Dec 3, 2010 | Blog
The National Commission on Fiscal Responsibility and Reform (“Deficit Commission”) was charged with coming up with a plan to reduce the budget deficits and accumulated debt caused by tax cuts for the rich and military spending increases. It was supposed to come up...
by Zach Carter | Dec 3, 2010 | Blog
The data from the Federal Reserve audit is full of frightening revelations about U.S. economic policy and those who implement it. When Wall Street went off the rails in the fall of 2008, policymakers told the public we had a certain kind of problem, knowing all along...
