GOP Causes S&P Downgrade, but Republican Candidates Blame Obama GOP Causes S&P Downgrade, but Republican Candidates Blame Obama
S&P downgraded the US credit rating because the GOP won’t raise taxes and played brinksmanship with the debt ceiling. But Romney, Bachmann et al. say it’s Obama&rsq...
Aug 8, 2011 / The Notion / Ben Adler
Wasn’t the Debt-Ceiling Deal Supposed to Avert a 512-Point Dow Collapse? Wasn’t the Debt-Ceiling Deal Supposed to Avert a 512-Point Dow Collapse?
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...
Aug 4, 2011 / Blog / John Nichols
Katrina vanden Heuvel on ‘All Things Considered’: Debt Ceiling Compromises and Consequences Katrina vanden Heuvel on ‘All Things Considered’: Debt Ceiling Compromises and Consequences
All of the plans on the table for solving the debt crisis, including the finalized plan, are far removed from the needs and wants of ordinary Americans.
Aug 1, 2011 / Nation in the News / Press Room
House Backs Debt Deal, but 95 ‘Conscience’ Democrats Vote ‘No’ House Backs Debt Deal, but 95 ‘Conscience’ Democrats Vote ‘No’
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 ...
Aug 1, 2011 / Blog / John Nichols
GOP’s Debt-Ceiling Games Have Raised the Prospect of a ‘Crunching Global Recession’ GOP’s Debt-Ceiling Games Have Raised the Prospect of a ‘Crunching Global Recession’
The IMF warns that an international crisis looms, as Pelosi condemns Boehner for going “to the dark side.”
Jul 31, 2011 / Blog / John Nichols
The GOP’s Politics of Bad Faith The GOP’s Politics of Bad Faith
After years of unnecessary spending and tax cuts, Republican politicians are finally complaining about unfathomable amounts of debt.
Katrina vanden Heuvel: Job Creation Is the Best Deficit Reduction Plan Katrina vanden Heuvel: Job Creation Is the Best Deficit Reduction Plan
According to Washington, the crisis of the hour is the debt ceiling. According to ordinary Americans, the crisis is unemployment.
Jul 26, 2011 / Nation in the News / Press Room
Obama’s Dangerous Campaign Pledge Obama’s Dangerous Campaign Pledge
When it comes down to it, President Obama’s 2008 pledge to freeze tax rates on the middle class is a real danger to the future of progressive politics.
Jul 25, 2011 / The Notion / Jamelle Bouie
Obama’s Compromising Stirs Talk of Dem Primary Challenge; Bernie Sanders Says It’s a ‘Good Idea’ Obama’s Compromising Stirs Talk of Dem Primary Challenge; Bernie Sanders Says It’s a ‘Good Idea’
New polling suggests liberal disapproval of Obama has spiked since he began talking of putting Medicare, Medicaid, Social Security “on the table” in negotiations with GOP. Vermont ...
Jul 23, 2011 / Blog / John Nichols
Another Regressive and Undemocratic ‘Grand Bargain’ from Obama and Boehner Another Regressive and Undemocratic ‘Grand Bargain’ from Obama and Boehner
President Obama and Republican leaders are floating another grand bargain, and like the last one, this is regressive and undemocratic.
Jul 22, 2011 / The Notion / Jamelle Bouie