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Great Depression

How to Create Inclusive Prosperity -- And Save Democracy

Larry Summers | Posted 01.16.2015 | World
Larry Summers

The primary challenge democracies face is neither military nor philosophical. Rather, for the first time since the Great Depression, many industrial democracies are failing to raise living standards and provide opportunities for social mobility to a large share of their people.

Republicans Are the Real Socialists

Harlan Green | Posted 01.13.2015 | Politics
Harlan Green

The new Republican Congress is exposing a not surprising fact. Its first actions are attempts to water down the Dodd-Frank Wall Street and Consumer Protection Act, and repealing Obamacare -- which will pass the risks of financial meltdowns and medical catastrophes back to us, the taxpayers.

Happy Days Are Here Again

Ian Reifowitz | Posted 12.23.2014 | Politics
Ian Reifowitz

The midterms are behind us. In 2016, one thing any Democrat running for president must do is compare the record of Barack Obama (and Bill Clinton) to that of George W. Bush.

In Defense of Gen Y

Phu Nguyen | Posted 12.19.2014 | College
Phu Nguyen

When we found out expectation paired with effort wasn't the end all, we added new needs to the equation of success. These needs became creativity, the ability to see beyond expectation and hard work, and the need to change the landscape of what we want success to be.

Republicans Just Don't Get It

Harlan Green | Posted 01.21.2015 | Business
Harlan Green

There is a reason why it has taken so long to emerge from the Great Recession. And the Republican leaders of the House and Senate with their new majorities exemplify why we have barely emerged from it.

A Lesson from Detroit - America's Heart, and Soul

Ken Ludden | Posted 01.16.2015 | Arts
Ken Ludden

Detroit has been at the heart of America since its founding in 1701. Over the years, Detroit has always been the center of America. Located geographically to connect America with Canada via the natural water systems, it is the way in to America's heart.

Executives Who Trashed Evidence Must Go to Jail

Ian Reifowitz | Posted 01.12.2015 | Crime
Ian Reifowitz

It doesn't matter if you wear a suit and tie, if you break the law you will go to prison. Sending that message would make all of us safer. But we haven't been doing that consistently enough in America in recent years.

What Explains the Election Results? It's (Still) the Economy

Dennis M. Kelleher | Posted 01.10.2015 | Politics
Dennis M. Kelleher

No one should be surprised that the American people are economically insecure and anxious. Seven in 10 voters said the nation's economy is in bad shape. Voters who said the economy was important to them voted 2 to 1 for Republicans.

Veterans Day: Honor Those Who Keep Home-Fires Burning, Too

Lonna Saunders | Posted 01.10.2015 | Chicago
Lonna Saunders

This Veterans Day as we honor those who risked their lives for our freedom, and those who made the ultimate sacrifice -- the giving of their lives -- let us also honor those who work for peace and those who kept the home fires burning.

Government Isn't the Problem, It's the Bully Mentality

Harlan Green | Posted 01.04.2015 | Politics
Harlan Green

The bullies are in control, whether they are Republican Tea Partiers that refuse to compromise on any legislation that won't downsize government programs, or the lobbying arm of the gun industry; they control Washington's agenda these days.

The Attempts by the School Board of Jefferson County, Colorado to Erase Significant Chunks of Our Nations' History Has Not Gone Unnoticed

Stephen M. Sweeney | Posted 12.23.2014 | Education
Stephen M. Sweeney

History should not be rewritten or reinterpreted because of an ideological agenda. We want young people to learn the truth about our history. We learn from our history and it can guide us to do more and to do better.

Retailers, Bankers and Democrats Agree

Leo W. Gerard | Posted 12.20.2014 | Politics
Leo W. Gerard

Income inequality is killing the economy. Retailers, bankers and Democrats agree on that. Really. It's only Republicans who continue to insist that income inequality is great.

ReThink Review: Young Ones -- Praying for Rain in the Sci-Fi West

Jonathan Kim | Posted 12.17.2014 | Entertainment
Jonathan Kim

Young Ones is one of my favorite movies of 2014, combining aspects of science fiction and Westerns with Greek and Shakespearean tragedy in a beautifully realized, utterly realistic, lived-in world with age-old themes that continue to echo throughout the human experience.

How Wall Street Still Gets Its Way in Washington, DC

Dennis M. Kelleher | Posted 12.07.2014 | Politics
Dennis M. Kelleher

The Boston Globe about Wall Street's secretly purchased influence in Washington, D.C. was somewhat mistitled as being about the "struggle for the Democratic Party's Soul." It's also about how Wall Street's virtually unlimited cash secretly influences the key debates as well as the policy outcomes in the nation's capital.

Who Are the Real Takers?

Harlan Green | Posted 11.18.2014 | Business
Harlan Green

Why do we have such a high poverty rate five years after the end of the Greatest Recession since the Great Depression, and the greatest income and wealth inequality since that Great Depression?

Government Wasn't the Problem

Harlan Green | Posted 11.08.2014 | Business
Harlan Green

If the latest unemployment report tells us anything, it is that government isn't the problem that has caused the weak U.S. recovery, but a private sector that is focused solely on maximizing profits for their investors and CEOs, rather than creating more jobs.

Mobility Math: More Folks Renting = Fewer Mortgages = Lower Deficit and Lower Unemployment

Terry Connelly | Posted 11.03.2014 | Business
Terry Connelly

Indeed, it has long been U.S. government policy to encourage home buying among young adults, especially by providing favorable tax subsidies for homebuyers in the form of the famous mortgage interest deduction.

Good to the Last Drop(cloth)

Charlie Carillo | Posted 10.25.2014 | Fifty
Charlie Carillo

My parents are not cheap. They're the most generous people I've ever known. But somewhere deep down, they can still hear the echo of the Great Depression, and I'm guessing very few people had money to throw away on dropcloths back then.

Is There Any Help for Consumers?

Harlan Green | Posted 09.21.2014 | Money
Harlan Green

"It's the Consumers, Stupid," is an oft-repeated mantra being echoed currently by Internet advocates who want to keep Internet access free. But there's a more important reason to worry about consumer health

Don't Forget the Millennials!

Harlan Green | Posted 09.15.2014 | Business
Harlan Green

If GDP growth is that dependent on workforce growth, and 1990s growth repeats itself -- which was the longest uninterrupted economic expansion in our history that also gave us four years of budget surpluses -- then we may see the next generation about to take charge. They could turn out to be much more industrious than we know!

Needed: A Drastic Economic Transition

Robert Kuttner | Posted 08.30.2014 | Politics
Robert Kuttner

Last month, President Obama belatedly decided that the global climate crisis necessitated action to reduce carbon emission caused by coal. He authorized the EPA to issue draft regulations requiring utilities to cut carbon dioxide emissions from existing coal plants by up to 30 percent by 2030. With climate change and coal's inherent dirtiness not exactly state secrets, I wondered why the president had waited until a difficult election year, when Democrats in coal states face difficult elections. But Obama's unerring sense of timing is a subject for another day. And these proposed regulations, though an improvement, only scratch the surface of what needs to be done. The thought occurred: Wouldn't the economic dislocations of a serious effort on climate change be more bearable if the economy were at full employment?

Q1 GDP Plunge -- Austerity Must End

Harlan Green | Posted 08.27.2014 | Business
Harlan Green

That is, we have to end those policies that have lowered tax revenues and limited government spending for too long. They have literally been counter-productive, and hobbled economic growth.

Gender Neutral and Father's Day

William B. Bradshaw | Posted 08.15.2014 | Religion
William B. Bradshaw

With the gradual acceptance of gay and lesbian couples and the enactment of more and more laws permitting same-sex marriages, are we beginning to see the breakdown of the role of both mothers and fathers in the lives of the family?

The Forgotten Fight Against Fascism

The Zinn Education Project | Posted 08.11.2014 | Education
The Zinn Education Project

Today's texts acknowledge "blemishes" like the internment of Japanese Americans, but the texts either ignore or gloss over the fact that for almost a decade, during the earliest fascist invasions of Asia, Africa, and Europe, the Western democracies encouraged rather than fought Hitler and Mussolini, and sometimes gave them material aid.

What Made America Famous

Rep. Alan Grayson | Posted 07.17.2014 | Politics
Rep. Alan Grayson

Many Americans believe that the top one percent is responsible for the rising tide of inequality in America, which is swamping and drowning the other 99 percent. Professor Emmanuel Saez of the University of California at Berkeley says that they are wrong.