As the Supreme Court listened to arguments over subsidies in the state exchanges Democrats were making their plans for preemptive surrender. Many were warning that an adverse ruling would be the death of Obamacare.
If a bunch of countries are getting to together to make game-changing decisions about jobs, workers' rights and environmental standards, shouldn't the people have a say? Shouldn't we at least be aware of what's being discussed before a decision is made?
Today, the Earth got a little hotter, and a little more crowded. @@ You Can Believe the Senator With a Snowball OR ... After Senator James Inhofe ...
For most of its history, the Federal Reserve has been dominated by bankers and orthodox economists, who kill the recovery at the first sign of inflationary risks. Happily, the Fed today is led by Janet Yellen, a very uncharacteristic Fed chair who spent most of her career as a labor economist, of all things. Yellen is aware of the changes in the structure of labor markets and is unlikely to jump the gun on raising rates, though it's always possible that she could be outvoted. The risk today is not that an improving jobs picture will set off inflation. It's that even tight labor markets, by themselves, will not generate enough pressure for wage increases, because workers have lost so much bargaining power.
Solicitor General Donald B. Verrilli Jr. is this week's Most Impressive Democrat of the Week award-winner, for doing a much better job arguing the case for President Obama's interpretation of the Patient Protection and Affordable Care Act before the Supreme Court than he did the last time around.
While there's no doubt the labor market is improving, and doing so at a faster clip than in recent years, there are still missing ingredients suggesting that the US job market is not as close to full employment -- a truly tight match-up between jobs and job-seekers -- as the low jobless rate suggests.
People consider filing bankruptcy when the alternative has become worse. Figuring out if you are at that point though can be difficult. One misconception that makes people hesitate to file bankruptcy is the impact on their credit.
Over the past few years, the Global Philanthropy Forum (GPF) has worked to highlight mechanisms for equipping current and future generations with the skills needed to enter the global workforce.
There is popular support for the idea that the Fed should be audited. More than three-quarters of registered voters would give the general idea of auditing the Fed a green light. It's no surprise, then, that there has been bipartisan support for similar proposals in the past.
Fixing our rivers requires that we reintroduce complexity and function through restoration -- effectively reshaping the relationship between the economy and the environment.
The popular Netflix series, House of Cards, perpetuated the myth of a finite money supply with this weekend's release of Season 3. But if President Underwood really wanted to stimulate the economy, he'd have a plan in mind.
In the world of personal finance, credit concerns and debt issues, there is no single issue that is more misunderstood than bankruptcy.
Wall Street associations and lobbyists are fighting the DOL and SEC 'tooth and nail' to avoid higher ethical standards for hundreds of thousands of stockbrokers who sell investment products to current and future retirees.
Novelist Rana Dasgupta recently turned to nonfiction to explore the explosive social and economic changes in Delhi starting in 1991, when India launched a series of transformative economic reforms.
I'm sympathetic to the notion that since we already have lower tariffs than our trading partners, there are gains to be made on this front. But if the negotiators are truly saying we simply cannot have a trade deal that blocks currency managers, then maybe we shouldn't have a trade deal.
Simply asserting increased longevity -- that miracle of 20th century science, medicine, technology and health care -- will be a drag on the economy lacks both vision and imagination.