by Dave Johnson | Dec 1, 2010 | Blog
In the news: Congress debates extending an extra tax cut for the rich, Obama's "deficit commission" proposes tax cuts to cut the deficit. Both of these assume tax cuts help the economy. But do they? What is the record? In this morning's public hearing of the National...
by Isaiah J. Poole | Dec 1, 2010 | Blog, Economy
Members of the Citizens' Commission on Jobs, Deficits and America's Economic Future formally released their report earlier today with a declaration that the commission created by the White House to come up with a deficit-reduction plan is poised to make the economy...
by Mary Bottari | Dec 1, 2010 | Blog, Financial Reform
While the Dodd-Frank Wall Street reform bill did too little to address the problem of “too big to fail” banks, one of the big wins for reformers was the bill’s strong derivatives chapter which drags risky “over the counter” derivatives...
by Zach Carter | Dec 1, 2010 | Blog
I frequently disagree with Megan McArdle, but her WikiLeaks post yesterday on struck me as simply delusional. The basic argument: megabank financiers haven’t committed any crimes, because if they had, we’d already know about it. There’s a kind of...
by Terrance Heath | Dec 1, 2010 | Blog, Economy, Making it in America
"America has spoken." It's a phrase we've heard from the right after every election — special election, run-off or midterm — following the 2008 election in which voters sent Barack Obama to the White House and Democratic majorities to both houses...
by Dave Johnson | Nov 30, 2010 | Blog, Making it in America
As the clock ticks down on tonite's expiration of extended unemployment benefits for the 9.6% of Americans who are officially unemployed, the coming end of school lunch and other child nutrition programs, and the possibility of doing anything whatsoever to help create...