President Obama not only expended his own "political capital" by pushing for fast-track but that of the Democratic Party too. He had a clear choice: either side with workers, environmentalists, consumers, and progressives -- or side with Wall Street, Big Pharma, Wal-Mart, and the Koch Brothers.
Representative Ryan is correct that Congress is not voting on TPP. But he's wrong that if fast track fails Congress will be unable to "even consider a trade agreement." Of course it can.
At the root of the culture wars lies a fundamental dichotomy in worldviews. Which is more essential to humanity: the individual or the collective?
Balancing the budget through reduced spending and increased revenues, ending the vast expansion of the Federal Reserve's balance sheet and normalizing interest rates, are all necessary actions in the effort to right the economy in the face of the Great Recession.
Senator Rubio, you say we cannot go back to the leaders of the past. Your party would elect George W. Bush, Ronald Reagan, or Jeb Bush, instead of you today. Yes, yesterday is over. Unfortunately for you, tomorrow doesn't look so good.
The GOP can't get past the fact that they don't like Hillary Clinton so they campaign against her personally rather than deal with relevant political issues and this makes them more of her ally than opponent.
It's certainly possible that the top tax rate in America is too high, but the fact that elected officials in charge of tax policy pretend that what the top 1 percent pay in federal income tax is reasonable proxy for fairness tells you all you need to know about how serious they are about fixing the problem.
Humiliating their leader again, House Republicans rejected Speaker John Boehner's last minute, desperate attempt to fund the Department of Homeland Security (DHS) for three weeks
In general Republican thought, poverty is not something caused by society into which some people are unfortunate enough to fall. Rather, poverty is something people fall into by their own failures, and it is also something that they can leave behind by climbing the ladder of success.
Republicans feared that trying to pay for their tax cuts by shifting to the highly uncertain dynamic scoring may not be enough. So they are further trying to rig the system with baseline games and make permanent tax provisions outside tax reform.
Frum and Reagan debate the growing Ukrainian civil war and Obama's 2015 budget in a growing economy. What happens if sanctions and arms don't stop Russian-backed separatists? Can the GOP credibly complain about a wealth/income gap they created, but then oppose tax reform that reduces it?
Barack Obama is the second Honorable Mention recipient this week, for his impressive public opinion polling on job approval in January. He had his best month (measured by month-to-month improvement) of his entire second term, and the fourth-best month he's ever had as president.
The re-shuffle of the last U.S. election that put austerity-minded Republicans in power has ironically resulted in a new anti-austerity economist being hired by Senator Bernie Sanders in the Senate Budget Committee.
It's no secret many view Pope Francis as liberal and Archbishop Charles Chaput of Philadelphia as conservative. While Archbishop Chaput said such political labels are not useful and flawed, there's certainly a difference between the two men.
What Obama is proposing puts the GOP in a bit of a pickle. They're going to have to explain why they think giving working Americans tax breaks, more money in their pockets, and a hand up is a bad idea and why they would prefer to use public money to support billionaires.
The main theme of a national election can turn on a dime, due to a major world event or even due to the public's fascination with one unforeseen minor topic. But, at least for the time being, the 2016 election seems to be shaping up as a race centered on economic populism.