by Sam Pizzigati | Jul 30, 2012 | Blog
The movers and shakers of scandal-ridden Wall Street are busy scapegoating a 'few rotten apples' — and hoping the rest of us don't notice they're still holding billions in ill-gotten gains. . Remember Ina Drew? This past spring Drew had her 15 minutes of fame as the...
by Bill Scher | Jul 29, 2012 | Blog
This week the House, like the Senate last week, is expected to vote on competing tax bills: a Democratic proposal that would allow the Bush tax cuts for the wealthy to expire as scheduled while extending them for the middle-class, and a Republican proposal that will...
by Dave Johnson | Jul 27, 2012 | Blog
Try this on for size: This week Republicans voted to cut them on the wealthy, while raising them on the poor and middle class. Repeat, this week Republicans voted to cut them on the wealthy, while raising them on the poor and middle class. Once again, this week...
by Terrance Heath | Jul 27, 2012 | Blog
Ask half a dozen people about the latest report on gross domestic product ( GDP ), and you're likely to get half a dozen answers about just what it means. You may also be tempted to ask what it even measures, and why it matters. The short answer is that it measures...
by Isaiah J. Poole | Jul 27, 2012 | Blog
You are all too familiar with the myths and hyperbole the right uses to foist its debilitating austerity agenda on the general public — that federal spending is out of control and the government itself is too big, that our tax burden has become untenable (cue the...
by Robert Borosage | Jul 27, 2012 | Blog
The press has had a field day highlighting British reactions to Romney’s mild criticism of the Olympic preparations. Tory P.M David Cameron slaps him down. London Mayor Boris Johnson scorns him before a crowd of 60,000. Tabloid press goes off. Much tut-tutting on how...