Economy

Who are the real "job creators"? People who have jobs - particularly those which pay well. Well-paid employees buy things, and that creates jobs for other people. And what creates those kinds of jobs? A healthy union movement.

There is a little-discussed proposal that was introduced into the "fiscal cliff" discussions by the CEOs of the "Fix the Debt" campaign. This is for a “Territorial Tax System" idea that lets multinational companies off the hook for taxes on offshore profits. This plan...

How much can a billion dollars buy? The undivided attention of America's entire political and chattering classes. Case in point: our ongoing national fixation on debt and deficit. Down through the millennia, single individuals have changed the course of history, some...

Senator Dick Durbin, Senate Majority Whip and one of President Obama’s closest allies, laid out his principles for a deal in the current fiscal showdown today in a speech at the Center for American Progress. The nuanced speech was a revealing mixture of common sense and nonsense.

The statisticians were right about the election. The scientists were right about the weather. And the economists are right about … the economy. 350 economists have signed a letter warning Congress, warning “too many in Washington are fixated on cutting public spending to balance the budget, not on how to put people back to work and get our economy going.

A new advertising campaign from three major unions is targeting key congresspeople with a clear message: the way to reduce the deficit is by "creating jobs and growing our economy" not by "cutting programs that families rely on most."...

For years now, various gangs of Senators - the Gang of 8, or 6, or 14 - have declared dire deficit emergencies and called for austerity: Cut public spending and cut Medicare, Medicaid and Social Security benefits, they tell us. And, bizarrely, most of these gangs also call for reduced tax cuts for the rich.

Last week the voters delivered their verdict on what has come to be known as "the Republican War on Women": They're against it. We've had decades of relentless class warfare from above, in the form of wealth distribution from the many to the few. Finally,...

There’s class warfare, all right, but it’s my class, the rich class, that’s making war, and we’re winning. —Warren Buffett In 2012, class warfare broke out in American politics. And from the president to key Senate races, the middle class won. Today the Campaign for...