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Austerity Bites

Austerity bites. According to the BLS, 163,000 new jobs were produced in July, up from the last month but still barely at the level needed to keep up with new workers coming into the jobs market. Government employment was down by 9,000 jobs, at a time when the...

Now We Know, Republicans Want To Raise Our Taxes

It is often stated as fact that Democrats always want to raise taxes and Republicans always want to lower taxes. We now know this to be false. Nearly every Republican in the Senate, nearly every Republican in the House and the Republican nominee for President Mitt...

Is Media Telling Public The Real Tax Vote Story?

Republican tax plans raise taxes on the middle class to pay for tax cuts on the rich. They just voted against tax cuts for people making under $250,000, and for tax cuts for people making more than that. Last month they filibustered the bill ending tax breaks for...

Romney Ethics At The Olympics

Ed Kilgore is righteously irked about the latest idiotic right wing contretemps over the fact that Olympic athletes have to pay taxes on their medals: You could see this coming the moment Grover Norquist’s Americans for Tax Reform put out its press release on the tax...

Federal Spending Is Not Trapped by the Social Safety Net

The nub of Bill Keller's recent essay on why Social Security, Medicare, and Medicaid must be cut is a graph – taken from a report by a group called Third Way – that compares federal “investments” with “entitlements,” showing that one is in decline and the other is on...

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