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For Democrats, a Tax-the-Rich Road to Victory

As we enter into yet another round of budget discussions, the Democratic Party is confronted with an opportunity – and a challenge. There's an opportunity to shift the budget debate to an area where they hold the high ground. But it will be a challenge for some...

Another Way Obamacare Is Not Katrina

In today's New York Times, Republicans are found comparing the rollout of the Affordable Care Act to the disastrous response to Hurricane Katrina by President George Bush's FEMA. Slate's Matthew Yglesias, CEPR's Dean Baker and I'm sure others have delivered the most...

State "Stink Tanks" Exposed

How many times have you read or heard in the news something along the lines of "a new report from the Institute of Free Markets and Liberty finds that giant corporations and billionaires create jobs if given tax cuts," or how about your classic "Toxic Sludge Is Good...

Progressive Breakfast

Obama Tweaks Grandfather Clause WH proposal to loosen ACA grandfather clause has uncertain impact. TNR's Jonathan Cohn: "Insurers already had the right to extend existing insurance plans, for up to one year, even if those plans did not comply with Obamacare...
The Yellen Hearing: Dreams, Reality, and the Fed

The Yellen Hearing: Dreams, Reality, and the Fed

Janet Yellen went to Capitol Hill today to be interrogated by some senators about the kind of job she plans to do once she's confirmed as Chair of the Federal Reserve. Many politicians expect little from the Fed because they think it has less power and flexibility...

Our Economy Should Work For Us.

You wouldn't know it by looking at your bank account, but our GDP growth rate was 2.8% in the third quarter of 2013. That's much higher than the long-term rate of 2%, but average Americans won't see any benefit from better growth. The latest figures from the Bureau of...

Progressive Breakfast

Obamacare Grandfather Issue Roils Congress Bipartisan push to alter Obamacare and allow more grandfathering. NYT: "...a vote is scheduled Friday in the Republican-controlled House on a bill that would allow Americans to keep their existing health coverage through 2014...

Progressive Breakfast

House Obstacle For TPP WH push for "fast-track" trade legislation hits resistance in House. NYT: "...nearly half of the members of the House [have signed] letters or otherwise [signaled] their opposition to granting so-called fast-track authority that would make any...

Something's Happening Here: The Minimum-Wage Wave

“There’s something happening here/what it is ain’t exactly clear …” When Steve Stills wrote the dystopian anthem “For What It’s Worth” in 1966, it resonated with listeners who understood that great if half-hidden transformations were underway. There’s been a turn...

Progressive Breakfast

America In 40-Year Slump The American economy is in a "40-year slump," chronicles The American Prospect's Harold Meyerson: "Since 1947, Americans at all points on the economic spectrum had become a little better off with each passing year ... [Then in] 1974, wages...

Imagine Democracy

"We the People." How many of us have really thought through the implications of these three words? Can people today even imagine a government that is on the side of We the People, instead of being rigged to benefit the already-wealthy and crush the hopes and efforts...
The Shamelessness of Bankers

The Shamelessness of Bankers

It’s not easy to maintain a civil tone while describing the magnitude of the misbehavior among executives at Wall Street’s largest institutions. To criticize bankers is to describe large-scale wrongdoing, mass-produced outrages that lead to widespread misery. It can’t...

Counting the Dollars the Rich Want Uncounted

Americans are gaining, ever so slowly, a more accurate picture of just how wide the gap has stretched between the nation's most fabulously privileged and everyone else.   How unequal have workplaces in the United States become? Our best answer happens to come...

Jobs Report: The Tragedy Continues

The headline jobs number of the Bureau of Labor Statistics October jobs report --204,000 new jobs – is higher than expected, given that the report covers the time of the government shutdown.  Although the report notes that furloughed federal workers were largely...

Progressive Breakfast

Jobs Report U.S. Unemployment Rate Rises to 7.3%; 204,000 Jobs Added [New York Times]: "The American government shutdown was barely evident in the October jobs report Friday, as private employers added positions at an unexpectedly robust pace. Employers added 204,000...

Obamacare: Playing Games, Getting Played Brian Beutler at Salon's take on what the media is missing with those Obamacare stories "In our haste to find human interest stories that contradict President Obama’s misleading claims about grandfathered insurance plans, the...

NJ Minimum Wage Vote Shows Path To 2014,16 Victory

Everyone is reading the tea leaves to understand what the Virginia or New York City or New Jersey elections might mean in 2014 and 2016. Does Christie's election mean Republican "moderates" are ascendant? Does Bill de Blasio's election show that progressives are the...

Don't Kill Filibuster, Make Them Talk

The current filibuster rules are being used to thwart the will of We the People. Republicans have abused it to obstruct everything -- and I do mean everything. The solution is to change the rules and make them talk, not kill the filibuster entirely. Obstructing The...

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