The “Fix the Debt” campaign is pure astroturf: corporate cash machinery masquerading as a grassroots uprising.
Dire warnings about the deficit don’t add up mathematically. But then, Fix the Debt is not really about the economy, it’s about gutting Medicare, Social Security and other social programs.
He may not have achieved the full FDR, but the president’s State of the Union speech, like his Inaugural, displayed a welcome progressive spirit.
The decline of the progressive income tax and the rise of inequality.
In the looming debt-ceiling fight, progressives must make the case for protecting social programs, raising revenues and cutting the Pentagon budget.
It’s past time for the rule to stop banks from making making risky bets with consumers’ money. But a House committee hearing devoted itself to stalling and lying about the Volcker Rule.
How a central bank created to exist apart from politics got drawn into bitter political arguments.
A few key points to keep in mind during the "fiscal cliff" negotiations.
Efforts to reduce unemployment and curb inequality must be considered alongside urgent threats to the environment and democracy.