Boom Town and Bust City: A Tale of Two New Yorks Boom Town and Bust City: A Tale of Two New Yorks
Wall Street is rolling in cash again, but the rest of the city is still stuck in the Great Recession.
Jan 27, 2011 / Feature / Lizzy Ratner
An Answer to 2011’s Austerity Arguments: ‘We Won’t Pay For Their Crisis’ An Answer to 2011’s Austerity Arguments: ‘We Won’t Pay For Their Crisis’
First, Washington squandered tax dollars on unnecessary wars. Next, Washington bailed out the big banks. Now, the battlelines of 2011 are drawn. President Obama's "Deficit Com...
Jan 3, 2011 / John Nichols
Obama Gets His Tax Deal, Reanimating Reaganomics Obama Gets His Tax Deal, Reanimating Reaganomics
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, taxpa...
Dec 17, 2010 / John Nichols
Harry Potter and the Bailed-Out Banks Harry Potter and the Bailed-Out Banks
There's a new blockbuster out just in time for the holidays: Harry Potter and the Bailed-Out Banks.
Dec 15, 2010 / Laura Flanders
Briefing: Richard Kim & Betsy Reed on Obama’s Tax Cut Deal Briefing: Richard Kim & Betsy Reed on Obama’s Tax Cut Deal
For Kim and Reed, Obama's caving to Republican pressure on extending tax cuts for the wealthiest Americans was a defeat, even if it resulted in some good results for progressives. ...
Dec 13, 2010 / Press Room
The Big Float’s a Big Scam The Big Float’s a Big Scam
WikiLeaks may be the biggest information explosion this week, but Wednesday's mammoth release of documents pertaining to the Fed's bank bailout program could well spark the most ou...
Dec 2, 2010 / Laura Flanders
Why Tax When You Can Freeze? Why Tax When You Can Freeze?
"The hard truth" is that controlling the deficit's going to "require some broad sacrifice" that public workers are going to have to share in, said the Pres.
Nov 30, 2010 / Laura Flanders
This Thanksgiving, Republicans Embrace the Politics of Pain This Thanksgiving, Republicans Embrace the Politics of Pain
GOP leaders are going to the mat for the wealthy while abandoning those who lost their jobs because of Wall Street's recklessness.
Nov 24, 2010 / The Editors
Time for a Wealth Tax Time for a Wealth Tax
Instead of cutting benefits for the poor, how about taxing the total household wealth of the rich?
Nov 23, 2010 / Leon Friedman
Katrina vanden Heuvel Calls Out Unpatriotic Millionaires on ‘The Ed Show’ Katrina vanden Heuvel Calls Out Unpatriotic Millionaires on ‘The Ed Show’
Katrina vanden Heuvel asks, are the millionaires in Congress are out of touch with the American public? In a word: yes.
Nov 23, 2010 / Press Room