"Words that make actions speak louder."
A letter-writer in my local paper today reaches the wrongest possible conclusion: Public, private workers live in different worlds The current issue of Time magazine includes a cover story on the increasing numbers of nearly bankrupt states and municipalities across the country. An important point made in the story is that public and private workers […]
The organizers of AmericaSpeaks, tomorrow’s “town hall meeting”/media event designed to focus attention on budget-cutting, have issued a document called “Myths & Facts About AmericaSpeaks: Our Budget, Our Economy.” A number of excellent pieces have already been written about the slanted point of view in their materials, which are d
The House and Senate have reached a deal and we have a financial reform deal. That means we will see significant improvements over the status quo as it existed yesterday. It also means we still haven’t addressed the gravest risks to the economy. Most of all it means we – citizens who care about the […]
Members of Congress finished ironing out their differences on Wall Street reform last night, and the resulting bill deserves unequivocal support from progressives and conservatives alike. But while the final package is a necessary first step to overhauling the nation’s out-of-control financial sector, it will do very little to change the destructive status quo on […]
Senate Minority Leader Mitch McConnell claimed the conservative filibuster of the latest jobs and jobless aid bill was because they oppose any increase of the national debt: “The principle Democrats are defending is that they will not pass a bill unless it adds to the debt.” What McConnell and his fellow conservative obstructionists choose not […]
As today’s Progressive Breakfast points out, NYT news reports suggests move is for real, part of fundamental change in Chinese economy: “For years, Chinese leaders looked to the millions of poor workers from the country’s interior as the engine of a roaring export economy … These days, the workers … must start buying the very […]
The deficit problem can be summed up very simply: the public thinks Obama’s policies created a huge deficit. Never mind that it was Bush’s deficit — the public doesn’t know that. This misunderstanding is leading Washington to take steps that will throw the economy into depression. According to Greenberg Quinlan Rosner | NPR Congressional Battleground […]
American Conservatives from Joe Barton to Rand Paul and Sarah Palin have expressed outrage that the President Obama would use the the power of his office to hold BP accountable to the residents of the Gulf Coast. They are outraged because they believe this is something the government should not do: help Americans who are […]
“It is very clear that the Republicans in the Senate want this economy to fail,” said Sen. Debbie Stabenow, D-Mich., this afternoon in reaction to the latest efforts in the Senate to block a jobs bill from coming to the floor for a vote. Her comment during a news conference call was just one of […]
Congressional conservatives have mainly blocked additional stimulus spending on the (economically illiterate) grounds that it would add the deficit. But apparently when it comes to preventing teacher layoffs, conservative opposition is not about the deficit at all. It’s just that conservatives want teachers to get fired. Rep. David Obey, the chair of the House Appropriations […]