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Nation Topics - Economic Policy

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The Bush-Obama strategy of throwing trillions at the banks to solve the mortgage crisis is a huge bust. Will the president be able to extricate us from this mess?

We're being robbed. A scathing report by the Treasury Department's inspector general says the TARP program is mismanaged and rife with potential fraud.

As government takes a larger role in business, political skills may matter more than business acumen. And ethics? Not so much.

The economic crisis requires a radical response--not revved-up consumerism.

Without significant federal action, affordable housing will become increasingly out of reach.

Activists demand a foreclosure freeze, renegotiated loans and a bailout for all.

As he drives his team of retreads, the challenge for Obama is to remain the agent of change who electrified the nation.

Brace yourself for a final, frantic stripping of public wealth as the Bush regime goes out the door.

Framing the financial crisis as a verdict on free-market fantasies, Obama can win with a mandate to end the war and build a better economy from the bottom up.

John McCain may have recently discovered his inner populist, but he has been pushing for deregulation all year.

Blogs

The Democratic Caucus has rejected the agreement between White House and Republicans.

December 9, 2010

Audit reveals the scope of "emergency" loans. Bernie Sanders wants to know if  "secret Fed loans turned out to be direct corporate welfare to big banks." It's time to expand this investigation—and to conbsider Robert Pollin's proposal to put at least some of this money to work for the US economy.

December 2, 2010

The co-chairs of the President's National Commission on Fiscal Responsibility and Reform have a plan to address the nation's deficit and debt challenges by weakening Social Security and Medicare. They'll unveil it tomorrow. Today, Americans should tell Congress and the White House that there is no mandate for balancing the budget on the backs of working Americans. Call Congress. Raise a ruckus. Say: "Strengthen Social Security—Don't Cut It!"

November 30, 2010

Obama's Fiscal Commission puts cutting Social Security, Medicare, Medicaid "on the table." The president's response is "weak." Pelosi says, "This proposal is simply unacceptable."

November 12, 2010

The key to revitalizing the economy is freeing up still-frozen credit markets. 

September 30, 2010

Europe's workers march against austerity, but no government will challenge the new neoliberal orthodoxy.

September 30, 2010

Though progressives have ample reason to be disappointed, they should resist the temptation to sit out the November elections.

September 27, 2010

Just as the sequel to Oliver Stone's 1987 classic hits theaters, Obama appointee Elizabeth Warren will take on a new generation of Wall Street swindlers.

September 20, 2010

The massive job losses between 2008 and 2009 were surely the biggest factor in the record poverty numbers the Census just reported. But those harrowing months were neither the beginning nor the end of the problem.

September 17, 2010

Fifteen million Americans are unemployed. Poverty is up. One in four homes is under water. It's time for a serious debate on the nation's economic direction.

September 16, 2010