As a physician trying to treat sick health care, I follow this critically ill patient closely. What do I see? I see the "treating doctors" arguing a...
This is where the GOP's insidious motive comes again into play, namely naked, crass, go for the jugular politics. By embarrassing Obama at every turn on the budget, the GOP hopes to make him and the Democrats the perennial fall guy for the budget gridlock.
The next few weeks are critical in determining whether or not the economy is on a self-sustaining path.
The debt ceiling is not a credible bargaining chip, and trying to use it as such shows desperation and bad faith on the part of the GOP.
It may be politically popular to yell about deficits being bad, but political popularity cannot change arithmetic. If President Obama wants to boost the economy, he will need to get more government spending to put people back to work, which will mean larger deficits.
Republicans were going to spend August talking up their own theme of "Fighting Washington." Obama has undercut this theme in a big way already -- by pointing out that anyone in Congress is not just part of Washington, but in fact they are failing miserably.
For families to have any chance of accessing the middle class, they need to start with a stable home in a strong community.
We have turned economics into a morality play. Austerians share a visceral contempt for government deficits. They do not just think deficits are bad as a matter of policy; they think deficits are bad, period. But anyone with a cursory knowledge of economic history rejects this narrative.
A generation from now, will good grades be enough to get you a good life? Is that already a fiction? Will you merely re-live the struggles of your working or lower or middle-class family, and never, ever get ahead?
If countries are allowed to act as tax havens against a financial speculation tax or any other measure it is because the administration in Washington is content to let them act as tax havens. When it actually wants something to happen, the Obama administration, like its predecessors, is prepared to do a full Snowden.
It's time for broad bipartisan support for critically important investments in young children. And we must get this right for children: not for test makers, not for adult interests, but for children -- especially the poorest children.
The fear that deficits and mounting debt will suffocate economic recovery and impede healthy growth has been tested over the last several years, and the results are not just unimpressive -- but painful when one looks at unemployment levels.
There's an old saying: When one door closes, another opens. Whoever said that never worked in Washington.
It is bizarre that Summers would be seriously considered as the next Fed chair. Memories tend to be short in Washington, but those of us removed from elite circles know that Summers' policies played a central role in setting up the economy for the crash.
Broadly speaking, policymakers should acknowledge that our growing debt is a serious threat to the economic well-being and security of our country. It is urgent that we put in place a plan to stabilize the debt as a share of the economy and put it on a downward path.
Go ahead and drop that nuke, Harry! Start approving President Obama's nominees, as the Constitution says you are supposed to. Republicans will be Republicans no matter what you do, and you've already been suckered twice by "handshake agreements" that they won't.