by Terrance Heath | May 25, 2012 | Blog, Economy
Earlier this week, I tried to explain what the Bain debate is really about. It's not about capitalism vs. "socialism." It's about choosing what kind of capitalism we want. It's about the future, and deciding what kind of economy we want. It's about deciding who and...
by Robert Borosage | May 17, 2012 | Blog, Economy
The dire threat facing America, according to Mitt Romney and Republicans this week, is debt, not mass unemployment. We face "a prairie fire of debt," Mitt Romney warned in Iowa. Debt is "a grave threat to freedom," intoned House Speaker John Boehner in Washington,...
by Isaiah J. Poole | May 15, 2012 | Blog, Economy, Minimum Wage
Multibillonaire Peter G. Peterson's Fiscal Summit may have started with conciliatory nods toward bipartisanship, but it did not climax that way. And that had to have been by design. Peterson and the people who planned the Fiscal Summit had to have known when they...
by Roger Hickey | May 15, 2012 | Blog, Economy
On Tuesday, May 15, one of America's wealthiest men, Peter G. Peterson, will use his foundation's money to lecture the rest of us about why the federal deficit is the most serious problem facing our country. Since poll after poll demonstrates that strong majorities of...
by Dave Johnson | May 15, 2012 | Blog, Economy
Polls show that the American Majority is much more concerned about jobs than deficits. So why is DC talking only about deficits instead of jobs, when jobs are the medicine for deficits? And why is DC only talking about budget cuts as a path to fixing the deficits,...
by Terrance Heath | May 14, 2012 | Blog, Economy
Told ya so. I said earlier that Newt Gingrich had pretty much written the script for at least one Democratic television spot, with his double-barreled attack on Mitt Romney's vulture capitalist career at the helm of Bain Capital. I just didn't think I'd be saying "I...
