Young Guns Same Old Ammo

In keeping with the Western-themed title of Young Guns: A New Generation of Conservative Leaders, allow me to set the scene: It’s well past high noon, and as the dust […]
Terrance Heath

The Method To Their Madness

We’ve been going back and forth the last few days about whether the president and the Democrats are wise to use the “hector the base” strategy to close the enthusiasm […]

Constitutional Insanity

Digby confirms a suspicion I’ve held since the Clinton years: part of the method to the right’s madness is to exhaust their opponents with their insanity. It’s related to what […]
Terrance Heath

After Summers Which Path Will the President Take

Now that Larry Summers is leaving, the President has a decision to make. His choice of a replacement will send a signal about the next two years of economic policy. […]
Richard Eskow

Young Guns Half-Cocked

A few things become clear upon picking up Young Guns: A New Generation of Conservative Leaders, the new book by Republican House members Paul Ryan, Eric Cantor and Kevin McCarthy. […]
Terrance Heath

Wall Street Wrecked The Economy Not Big Government

Over at bloggingheads, my CAF colleague Bill Scher discusses the new international banking standards with Conn Carroll, a conservative blogger for The Heritage Foundation. Carroll actually agrees with a lot […]
Zach Carter

Who Will March For Patricia Reid

What do you say to a person with a story like the one of suburban Seattle resident Patricia Reid, the unemployed 57-year-old profiled in The New York Times on Monday? […]
Isaiah J. Poole

The Recessions Over The Emergency Isnt

According to a flurry of headlines today, a panel of economists just announced that “the recession’s over.” Is that true? Yes. Does that mean we’re no longer in a crisis, […]
Richard Eskow

An American Prospect

Two new government reports illustrate the complex and troubling state of opportunity in America, but also the right way forward. The first set of data, by the Bureau of Labor […]
Alan Jenkins

One Decade Down One Decade Wasted

The 21st century has opened with a decade that has seen the vast majority of Americans go backwards economically. Just-released Census stats tell that tale — but not the whole […]

The Week Congress Began to Challenge China

What a difference a week makes. Just last week, the Beijing government and outsourcers thought they could run out the clock and avoid a long overdue legislative reckoning on China’s […]

Relight My Fire Energizing The Rising American Electorate

The New York Times today is publishing yet again news about an important Democratic Party constituency, this time union members, threatening to sit on its hands in the November elections, […]
Isaiah J. Poole

Kuttner on CNBC Attacks Austerity Economics

The contrast between an aggressive policy of jump-starting growth and putting Americans back to work and the old, failed trickle-down economics formula was on sharp display Thursday in a mini-debate […]
Isaiah J. Poole

Austerity Chic Its This Years Weapons of Mass Destruction

Sometimes our political commentariat seems to go fashion-crazy. When a new trend gets popular it overwhelms everything in its path: logic, poltical divisions, even expert opinion. The latest vogue is […]
Richard Eskow

Bailed-Out Banks Finance Predatory Payday Lenders

American taxpayers bailed out the big banks. Now many of those banks are returning the favor by extending credit to payday lenders who sucker consumers into a spiraling debt trap. […]
Mary Bottari

Welcome Home Tire Jobs

Today the US Trade Representative (USTR) Ron Kirk filed two complaints with the World Trade Organization (WTO). The first alleges that China is keeping American credit and debit card companies […]

China’s Currency Manipulation Flipping Off America

China is disrespecting America. The Asian giant is an international trade outlaw, and U.S. manufacturers and workers are its crime victims. China illegally subsidizes its export industries and unlawfully manipulates […]
Leo Gerard

Is Elizabeth Warrens New Job a Blessing or a Curse

Reports are conflicting, details are uncertain, the White House isn’t talking on-the-record, and after a confusing evening, it’s still unclear exactly what is going on with Elizabeth Warren’s next job. […]
Zach Carter

Is Obama Selling Out Elizabeth Warren

ABC News is reporting that President Barack Obama will appoint Elizabeth Warren to a “special advisory” position to set up the Consumer Financial Protection Bureau. We don’t know the details, […]
Zach Carter

Boehner and McConnell Flunk Math

The Republican leaders in both houses of Congress are getting clearer what their alternative economic strategy is: Giant tax cuts for multimillionaires minus slashed public services for the middle-class minus […]
Bill Scher

Basel III Is Still Bonkers

It’s been two days, and the new Basel III bank regulations are still lousy. Martin Wolf slams the international banking accord here and Yves Smith agrees here, although Felix Salmon […]
Zach Carter

Appeasing China on Currency Will Doom Our Economy

Congress may be poised to pass legislation to penalize China unless its government plays by agreed-upon rules of international trade and stops manipulating its exchange rate. This currency manipulation, which […]

China Currency Battle Heating Up

Since China joined the World Trade Organization (WTO) our country’s balance of trade has gotten worse and worse and we have lost jobs and jobs (and money and money). Between […]
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