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Nation Topics - Economic Policy

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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.

Barack Obama

Take a dollar from working stiffs who need government, take a dollar from the super-rich who don’t need a tax break. How fair is that?

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. 

Blogs

Progressive economists applauded Obama's pick of Alan Krueger as chief economist, but warned that his ideas for job creation may be too little, too late.

August 30, 2011

If the consumer activist wins she will become an essential spokesperson for progressive values in national economic, regulatory and fiscal policy debates.

August 26, 2011

The former senator is organizing a national push to get Democrats on the Congressional “super-committee” to commit to fight cuts to Social Security, Medicare and Medicaid, to oppose any giveaways to corporations and to tax the billionaires.

 

August 24, 2011

Standard & Poor’s is trying to set the parameters of political debate in America. That should offend everyone—no matter what their party, no matter what their ideology.

August 6, 2011

Obama surrendered to Republicans to get a job-killing, growth-stifling debt-ceiling deal. It was a horrible mistake. Now, with markets tanking, will the president make that mistake again?

August 4, 2011

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

August 4, 2011

A Democratic Senate endorses a plan that Bernie Sanders warns risks “devastating cuts to Social Security, Medicare, Medicaid...”

August 2, 2011

President Obama heralds his supporters for pressuring Congress for a debt deal that most of his supporters dislike.

August 1, 2011

As a Democratic president bows to the GOP’s far right, House Minority Leader Nancy Pelosi tells colleagues to vote their consciences. Half of House Democratic Caucus opposes Obama’s position.

August 1, 2011

The IMF warns that an international crisis looms, as Pelosi condemns Boehner for going “to the dark side.”

July 31, 2011