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Nation Topics - Economic Policy

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This phony debt crisis has now passed through the looking glass into the realm where madness reigns.

After years of unnecessary spending and tax cuts, Republican politicians are finally complaining about unfathomable amounts of debt.

According to Washington, the crisis of the hour is the debt ceiling. According to ordinary Americans, the crisis is unemployment. 

 Ari Melber joins former Senator Ben Bradley to discuss the debt ceiling crisis. 

Obama's gutless decision to abandon Warren comes after the president populated his administration with the very people who created the financial meltdown.

Barack Obama

Republicans walked away from a budget deal not because cuts weren’t steep enough but because they included tax increases on the wealthiest. If they’re drawing a line in the sand, President Obama must, too.

How deceptive for politicians to stress “entitlements” when they talk about gutting Social Security and Medicare, two programs long paid for by their beneficiaries. 

Katrina vanden Heuvel explains how we have to shift the budget debate from one centered around Washington's debt crisis into one that looks at the full picture of America's jobs crisis.

Face it. We live in two nations, sharply divided by an enormous economic chasm between the super-rich and everyone else. 

Protests in Greece

The country is facing a convulsion unlike anything since the fall of the dictatorship in 1974.

Blogs

Though short on specifics, President Obama's speech on the deficit today defended progressive governance and blasted the GOP's plan to gut the country's social safety net.

April 13, 2011

The new budget agreement disproportionally harms lower-income and middle-class Americans while asking no sacrifice from the rich and powerful.

April 12, 2011

Last week, the media covered the budget debate like it was a basketball game.

April 11, 2011

Join fellow progressives in actions around the country calling for a different kind of budget debate.

March 31, 2011

Thanks to cable news, discredited experts and government officials are regularly reborn as trusted authorities.

March 29, 2011

Obama asks for Brazil’s help in solving US domestic problems, but offers little in return.

March 21, 2011

Fiscal hawks in the US and Britain define policy while ignoring catastrophe.

March 15, 2011

Obama's budget rejects the steep cuts advocated by Republicans and his deficit commission. But the president is still playing on the GOP’s turf by emphasizing cuts instead of jobs.

February 14, 2011

The president's budget is a compromise document. Republicans say it does not go far enough. But it slashes low-income heating assistance, community programs, higher-ed loans and environmental clean-up in low-income neighborhoods. Obama and his aides “aren’t giving us a very wise set of choices,” says Democrat Congresswoman Marcy Kaptur.

February 14, 2011

Reed reports on the Republicans’ efforts to prove that when it comes to climate change, the deficit and pretty much anything else, they can be both hostile and disrespectful.

February 10, 2011