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Nation Topics - Economic Policy

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Feeling squeezed? It's official: if you're not in management, the value of your paycheck is dropping at an alarming rate.

Good news in the stimulus package: low and middle income Americans receive cash to rev a slowing economy. Bad news: tax breaks for businesses won't help much at all.

OK, three-quarters of what he says is wacky. But his view of the Fed's contribution to rampant inflation is right on the money.

Bush turns out to be the undertaker of the free market's false promises to ordinary Americans.

An economy addicted to growth, bubbles, downsizing and lending sprees--has become disconnected from the real economy of ordinary human needs.

No matter how much it adds to inflation, the Fed, prodded by Wall Street, is poised to again lower interest rates--punching an even bigger hole in our purchasing power.

Politicians and economists find it hard to admit that we have two economies--one for the rich and one for everyone else--and the latter has been in a recession, if not a depression, for a long, long time.

Two new books seek to galvanize progressives at a key political moment: Paul Krugman's The Conscience of a Liberal and Jonathan Chait's The Big Con.

The softening economy, foreclosures, bank write-offs, the swooning dollar and stock market are intruding on the politics of 2008. Do the candidates have a clue?

As the superrich get richer, the rest of us sink deeper into debt. But when American consumers can no longer consume, our whole system falls apart.

Blogs

A Washington insider says to expect a push from White House to ratify the flawed Colombia Free Trade Treaty.  Also to be expected: rising body counts of trade unionists.

February 3, 2011

The president's adviser offered few specifics of how the president planned to make promised new investments while observing a five-year domestic spending freeze.

January 27, 2011

With the deal now done, key Democrats warn about mounting deficits and threat to social programs, with Oregon's Peter DeFazio declaring: "This is a raw deal for seniors, taxpayers and working men and women."

December 17, 2010

A new compromise between leading Republicans and President Obama to extend an expiring tax policy may end up benefiting some of its student opponents.

December 14, 2010

Republican activist Grover Norquist once famously declared that he'd like to shrink the federal government to the point where he could drown it in a bathtub—but a little-noticed provision in the "tax cut compromise" might well drain the states' sinks first.

December 10, 2010

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