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An Ugly Deal

Early this morning, the Senate passed the fiscal cliff deal by 89-8, a margin virtually guaranteeing that it will survive in the House.  The deal has some good parts.  It lets the Bush tax cuts expire on the wealthy, raises the estate tax marginally and increases...

What About The Jobs and Wages Cliff?

One of the most maddening features of the current fiscal cliff/fiscal swindle debate is that the chattering class rarely acknowledges the people who have already fallen off the cliff: 5 million Americans who have been unemployed for more than 27 weeks. The roughly 7...

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