Mourning in America Death of the Middle Class

The deficit commission report issued last week is another Saturday night special pressed to the temple of the American middle class. “Turn over your money and your benefits or your […]
Leo Gerard

The Feds New Foreclosure Predator Bailout

Despite escalating outrage over rampant foreclosure fraud, the Federal Reserve now appears ready to eviscerate a key mortgage regulation in an effort to spare banks the losses from their own […]
Zach Carter

The Six Percenters

Only 6% of Americans think Congress should concentrate on reducing the deficit or changing the tax code, according to the latest CBS News poll. Nearly ten times as many people, […]
Richard Eskow

Peter Orszags Good Cop Bad Cop Social Security Routine

Former White House budget director Peter Orszag is taking a new approach in his quest to cut Social Security. He’s playing progressive “good cop” to to the ultra-right bad cops […]
Richard Eskow

Deficit Commissions Extreme Proposals Spell Disaster

The following was originally published at New Deal 2.0 The draft proposal released as a surprise yesterday by the two chairmen of President Obama’s fiscal commission is conceived and written […]

Fight Tuesday For 2 Million Unemployed

There are 2 million people who are about to lose their unemployment benefits starting at the end of this month, and yet there is a real possibility that the lame-duck […]
Isaiah J. Poole

Its About Jobs Not Deficits

What is the matter with people in Washington and New York? There is obviously a jobs emergency and they’re talking about deficits — and in the middle of a frenzy […]

SimpsonBowles A Predawn Raid on the Middle Class

The following was co-written with Roger Hickey. Wednesday, the Presidential Deficit Commission’s co-chairs released a radically right-wing budget proposal. They acted without any prior announcement, just three weeks before the […]
Richard Eskow

Hey Were Gonna Balance the Budget But Seriously Folks

Heard any good jokes lately? This headline was making the Internet rounds yesterday: “Sen. Conrad: Extend All Tax Cuts; Time to Get ‘Serious’ About Deficit.” It’s easy to see the […]
Richard Eskow

To Lift The Economy Lift Wages

To lift the economy, we have to lift wages. Increased wages will restore demand. The changes that will increase wages will help restore democracy. The social contract used to be […]

Businesses Do Not Create Jobs

Businesses do not create jobs. In fact, the way our economy is structured the incentive is for businesses to get rid of as many jobs as they can. Demand Creates […]

Bravo To Geithner Trade Balance Plan

In October Treasury Secretary Geithner sent a letter to the G20 member nations asking them to join and set targets limiting trade imbalances to ensure “orderly rebalancing of global demand.” […]

Tea Party Betrayed Earmarks

I have been writing about the Tea Party, and asking what they will do if/when the DC Republicans betray them. CAF has set up a page for the Tea Party […]

Sit Stay A New York Times Chew Toy for Blue Dogs

The conservative wing of the Democratic Party just drove it over a cliff, but you’d never know if from reading Matt Bai’s latest New York Times piece. It’s the latest […]
Richard Eskow

Conservatives Kill Jobs & Come Back For More

If, in the future, Republicans ever again ask “Where are the jobs?” it will be because they’ve forgotten where they buried the ones they killed. For now, though, it’s clear […]
Terrance Heath

The Voters Message Manufacturing a Solution

No doubt voters sent a message last Tuesday. Deciphering it correctly is crucial. Republican cryptographers interpreted the election results that gave the GOP control of one house of Congress as […]
Leo Gerard

Tea Party Betrayed Already

I have been writing about the Tea Party, and asking what they will do if/when the DC Republicans betray them. CAF has set up a page for the Tea Party […]

Ridiculous Idea of The Day Melissa Bean for CFPB

This is a joke. Politico is floating the idea that notorious Wall Street crony Rep. Melissa Bean, D-Ill., could be tapped to head the Consumer Financial Protection Bureau if she […]
Zach Carter
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