by Robert Borosage | Nov 15, 2012 | Blog, Economy, Financial Reform
The following was originally published in The Nation. With the election behind us, President Obama and the lame-duck Congress return to Washington to face a fiscal showdown, occasioned by automatic tax hikes and spending cuts scheduled to kick in after the first of...
by Robert Borosage | Nov 15, 2012 | Blog, Economy
There’s class warfare, all right, but it’s my class, the rich class, that’s making war, and we’re winning. —Warren Buffett In 2012, class warfare broke out in American politics. And from the president to key Senate races, the middle class won. Today the Campaign for...
by Digby | Nov 14, 2012 | Blog
You know that deficit that's killing us? The one we're going to fix by "asking the rich to pay a little bit more" and cutting benefits for everyone else? What if the scam is even worse than we thought? Dean Baker spills some very inconvenient beans: [T]he big stick...
by Terrance Heath | Nov 14, 2012 | Blog
I'm no doctor, but defeated Republican VP candidate Paul Ryan may still be too "shell-shocked" to resume his role as the right's "idea man," if his latest addition to the growing list of GOP excuses for their stunning election day losses is any indication. Ryan say...
by Stan Collender | Nov 14, 2012 | Blog
Originally posted at Capital Gains and Games. Last week’s election results did not change my opinion that we’re more likely to go over the fiscal cliff than to avoid it. Yes, I heard the less defiant tone Speaker John A. Boehner, R-Ohio, has used to talk about the...
by Isaiah J. Poole | Nov 14, 2012 | Blog, Economy
The fight to head off a so-called "grand bargain" that would end up being a grand swindle of economic recovery and opportunity for working-class Americans gets kicked up another notch today when a group of 350 prominent economists and experts release a statement...
