by Isaiah J. Poole | Sep 19, 2011 | Blog
President Obama's address today on taxes and deficit reduction draws the broad contours of the economic reform argument exactly as they should be drawn, between a plan that calls for "shared sacrifice" to be actually shared by all rather than imposed on the...
by Dave Johnson | Sep 19, 2011 | Blog
I watched President Obama's "deficit speech" this morning. My wife was listening from another room. She does not follow politics as closely as you and I do. The only thing she heard was "Medicare cuts." Why was Medicare in a speech about raising taxes on the rich?...
by Roger Hickey | Sep 19, 2011 | Blog, Economy
The Wall Street Journal and other media are reporting definitively on the Obama deficit plan to be announced on Monday. The big news: the President will not propose raising the Medicare eligibility age. So the millions of older workers and unemployed people now...
by Dave Johnson | Sep 19, 2011 | Blog, Economy
Ten years ago the country was on track to pay off the entire national debt in ... ten years. But then... So President Bush left behind a $1.4 trillion budget deficit, and now under President Obama the same Republicans who created the deficits are all terribly,...
by Sam Pizzigati | Sep 17, 2011 | Blog
The Census won't count it. The IRS won't tax it, at anywhere near full freight. What is it? It's enough, all by itself, to keep grand fortunes constantly soaring. Can we start the century over? Economically, new Census Bureau income stats released last week suggest,...
