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Nation Topics - Economic Policy

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Nation Topics - Economic Policy

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In the United States, the richest 400 people own more collective wealth than the bottom 150 million. As Alperovitz puts it, this is quite literally medieval. 

The UK rioters know full well that their elites are looters too.

Why did Standard & Poor's take the seemingly radical step of downgrading the US government's credit rating, and how do ratings agencies wield such power in the first place?

Barack Obama

Obama must stop searching for common ground—and start defining higher ground.

Foreclosed

Is America finally learning that extreme inequality isn't just bad for those at the bottom—it’s ruinous for those on top, too?

When Congress, the president and the media run roughshod over popular will and citizen action, small-d democracy pays the price.

Deficit hawks argue that excessive government spending drives the US's debt woes. They're wrong.

The economy is a shambles, saved from a free fall only by the Federal Reserve’s unprecedented promise of free money for banks for at least two years.

The only way to provide for a growing populace in need of a larger infrastructure is by raising the debt ceiling.

This "Super" Committee is actually a ticking time bomb strapped to two sacred cows: military spending and social spending.

Blogs

Now that Mitch Daniels is out of the running, the DC-based defenders of budget-busting corporate giveaways have found a new candidate for the GOP nomination: Paul Ryan.

May 24, 2011

Jared Bernstein, once the sole progressive economist on President Obama's economic team, launches a blog to critique the country's "terribly narrow economic debate."

May 17, 2011

Finally, Republicans in Congress have announced a jobs plan. Unfortunately, it doesn't appear to actually create any jobs.

May 5, 2011

He’s a Republican rock star in Washington. But the House Budget Committee chair’s tour of his home district is flopping as constituents say: "Hands Off Our Medicare!"

April 26, 2011

A major new poll shows that Americans do not believe cutting the deficit will create jobs. So why have leaders of both parties become deficit hawks?

April 22, 2011

Here in the US all we seem to hear about is deficits and debt. Yet even the countries that hold a lot of our debt are concerned for our lack of investment at home.

April 20, 2011

Why does President Obama continue to let Republicans define the terms of the budget debate?

April 19, 2011

Democrat strategists say that the deficit fight is good for Obama. But by conceding that debt is the biggest problem facing the country, the president is undermining the case for the government's role in boosting the economy.

April 19, 2011

Unlike Paul Ryan and “deficit hawk” pretenders, Kentucky Republican says Pentagon bloat must be addressed in any serious budget debate.

April 19, 2011

Eric Alterman reviews jazz, including Wynton Marsalis and Eric Clapton, the Jazz Foundation benefit, and Reed Richardson discusses the ethics of Obama's budget speech.

April 15, 2011