There is a story of catatonic patients who briefly wake up after being injected with a trial drug, before returning to catatonia. The same awakening could be true for the gathering of elite business leaders every year in Davos at the World Economic Forum.
While President Obama's "middle class economics" speech last night certainly laid down a few markers for Democrats in 2016 and beyond, the real reason it now seems Democrats will be playing on familiar turf comes from Republicans.
Although the president didn't go into detail in his State of the Union, the details that were released in the week before the speech should make middle class American's think twice. Despite the rhetoric of "taxing the rich" -- it's pretty apparent that the middle class will do most of the paying.
It is inconvenient, if not outright annoying, that most analysts who follow Brazil closely tend to see through the lenses of over-optimism or excess pessimism.
Wherever you stand on the political spectrum, I think there are some undeniable truths regarding our economy that need to be addressed before we reach the next phase of robust and sustainable economic growth.
No matter your situation in life, you can change your circumstances. You have all the capability within yourself to make good things happen. And while pursuing your goals, you can enjoy every minute of it.
The state's financial trouble is worse than anyone had previously expected, says a new report from the Fiscal Futures Project at the Institute for Government and Politics at the University of Illinois.
For the first time in his presidency, President Barack Obama delivered his State of the Union address to a Republican-controlled Congress. Yet he spoke with confidence and ease as he laid out a progressive agenda for the final two years of his presidency.
Last night in the State of the Union Address, President Obama laid out an agenda to protect and grow America's middle class. From spurring innovation and creating high-skilled jobs here in the U.S. to protecting our homes and businesses, acting on climate change is crucial to achieving this vision.
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.
There's a pattern here. Whenever the push for taxing Wall Street speculation starts to build some serious steam, the Obama administration dusts off their proposal for a big bank fee. This fee idea was is a good one. The problem: Obama officials have presented the big bank fee as an alternative to a financial transaction tax.
While Latinos are impacted by every public policy issue debated at the federal level, there are at least four areas with a tradition of bipartisan cooperation where the 114th Congress should start.
The president recently announced a plan to make two years of community college and technical school free to responsible students, which underscores a serious problem that not only affects unemployed youth, but small business owners, as well.
[Banks] want to be able to do things their way, and that's very dangerous," MIT economist Simon Johnson tells me. "'Here we go again' -- I think that's the motto for this Congress."
In emerging markets, slow growth in the advanced economies has shut down a traditional development path: export-led growth. As a result, emerging markets have had to rely once again on domestic demand. This is always a difficult task, given the temptation to over-stimulate.