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Change, Not Recovery

What was the message of Tuesday's elections? Clearly the base voters of both parties are unhappy and looking for change. Incumbents are at risk. Politics as usual is unappealing. Conservatives in both parties are spinning this as a protest vote about deficits and...

American Betrayal, Sponsored By Intel

If trade expert Clyde Prestowitz’s latest book, “The Betrayal of American Prosperity,” were a television series, one segment would open with this voiceover: “This episode of ‘The Betrayal of American Prosperity’ is brought to you by Intel.” A group of Chinese workers...

What Happened To The Progressive Majority?

On a day in which voters in Arkansas, Kentucky and Pennsylvania are heading to the polls in what is being widely described as an anti-politician, anti-government rage, and with a particularly strident strain of conservatism portrayed as on the ascendancy, it might...

Stimulus Shifts To Reverse -- Where Is The Congress?

The stimulus is running out, millions lose health insurance in 12 days as COBRA subsidies start to run out, unemployment benefits also start running out, and unemployment is rising. Foreclosures are up. At the same time out-of-money states are laying off hundreds of...

In Defense Of The Volcker Rule

Some version of Wall Street reform is going to pass the Senate this week. The question now is how strong that reform will be. There are still three crucial battles to be waged, all of which would significantly change the way Wall Street does business. We will not fix...

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