"Words that make actions speak louder."
With the elite conventional political wisdom so congealed around the idea that the federal government is broke, that our top priority must be to “cut the spending” without discussing the merits of the government spending we are told we must be eager to cut, and that we have to break the promises of economic security we have made to seniors and people who are struggling on the economic ladder, i
You are all too familiar with the myths and hyperbole the right uses to foist its debilitating austerity agenda on the general public — that federal spending is out of control and the government itself is too big, that our tax burden has become untenable (cue the waving “Taxed Enough Already” signs) and that the budget proposals advanced by the House Republicans won’t affect the things even most
Conservative senators were set Wednesday afternoon to hold tax relief for 98 percent of Americans hostage so that the 2 percent of Americans who earn more than $250,000 a year would not have to pay an additional dime in taxes.
Congressional Progressive Caucus leaders Reps. Raul Grijalva, D-Ariz., and Keith Ellison, D-Minn., are trying to get political support for a congressional resolution that would repudiate any “grand bargain” on the federal deficit that cuts Social Security, Medicare or other programs vital to economic security.
The Heritage Foundation today spread a falsehood about a change the Obama administration is instituting in the 1996 welfare reform law that has rapidly spread through the right-wing blogosphere. Letting Heritage and the right wing get away with this lie would do serious harm to people trying to pull themselves out of poverty.
On Wednesday the stock market remained in the doldrums, thanks largely to the release of Federal Reserve June meeting minutes that revealed that at least some members of the Fed believed the economy needs “further policy stimulus,” but the Fed nonetheless took no action to boost the economy during th
Updated 8:47 a.m. — Today’s unemployment report from the Bureau of Labor Statistics will be closely watched for its political impact on the presidential race. But it is not the numbers that will be most consequential.
It looks as if Congress got our message on the need to pass, without right-wing poison pills, a two-year transportation jobs bill.
Economists Paul Krugman and Richard Layard, the latter of the London School of Economics, today posted a “Manifesto for Economic Sense” that lays out a sound framework for reviving the global economy.
The House on Thursday voted to continue surface transportation programs for an additional 90 days, punting to shortly before the Democratic and Republican conventions the question of what our longer-term transportation policy should look like.