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Economic Policy

Facing Midterm Results: Do Liberals Really Want a One-Term Presidency?

Mitch Rofsky | Posted 05.25.2011 | Politics
Mitch Rofsky

President Obama, don't just appeal to your base. With the right programs and outreach, you could appeal to a much broader group -- say the 51% you'll need to get reelected.

Lawrence Summers Needs to Retool his Wall Street Tilt

Steve Clemons | Posted 05.25.2011 | Business
Steve Clemons

Summers, no matter what some critics say, is a formidable intellectual heavyweight on economics policy -- and will continue to be, long after he leaves the White House. However, he needs to retool.

The Day After Tomorrow: Fiscal Quality

Otaviano Canuto | Posted 05.25.2011 | World
Otaviano Canuto

Most advanced countries face a post-crisis period in which fiscal adjustment will be the norm. They need more revenues and less expenditure. Their priority is quantity.

Not Much New: The Economic Policy Burden That Haunts Obama

Danny Schechter | Posted 05.25.2011 | Politics
Danny Schechter

The Burden That Haunts Obama Regardless of his actions, the financial crisis continues to take its toll on the Obama administration. by Danny Sche...

Bush's Plan Didn't Work

Rep. Jay Inslee | Posted 05.25.2011 | Politics
Rep. Jay Inslee

Right now, in this economy, we can't afford to put politics before facts. And the facts are clear: middle-class tax cuts will help our economy -- and strengthening our economy will pay off for everyone in the long run.

Economics vs. Fakeonomics

Ian Fletcher | Posted 05.25.2011 | Business
Ian Fletcher

We skeptics of free trade are used to being told, "You don't understand economics." But I've noticed something. We are often not really struggling against real economics at all.

The Rise of China's Green Mercantilism

Teryn Norris | Posted 05.25.2011 | Green
Teryn Norris

China's green mercantilism raises important questions for the United States. We must be careful about being overly reliant on China, replacing our foreign fossil fuel dependency with foreign clean energy dependency.

Republicans Want Our Economy to Fail

Sally Kohn | Posted 05.25.2011 | Politics
Sally Kohn

An economy that only works for the richest of the rich is by definition a failure. Except if you're the Republican Party.

The State Department's Jobs Agenda

Robert Hormats | Posted 05.25.2011 | Business
Robert Hormats

There is a temptation during periods of high domestic unemployment to turn inward. But that is exactly what we should not do. That would cost us jobs, not increase them. Instead, we must take greater advantage of opportunities to increase our exports.

Let the Bush Tax Cuts Expire

Lincoln Mitchell | Posted 05.25.2011 | Politics
Lincoln Mitchell

The notion that increasing the tax rate on the richest Americans means the socialist floodgates have been opened is clearly nonsensical, as the rates would return to what was normal for most of the last half century.

How America Can Lead the Clean Energy Race

Teryn Norris | Posted 05.25.2011 | Green
Teryn Norris

The U.S. has a successful track record of catching up in strategic industries. We can and must do the same today in clean energy, and in the aftermath of cap and trade, there's not a moment to waste.

Holes in the Keynesian Arguments Against Neoliberal Austerity Policy -- Not "Bad" Policy, But Class Policy

Ismael Hossein-zadeh | Posted 05.25.2011 | Business
Ismael Hossein-zadeh

The Neoliberal fiscal responsibility vs. the Keynesian deficit spending debate seems more like a diversion than an effective strategy to replete the public purse and bring about an economic recovery.

Biden Dances the Tough Dances

Steve Clemons | Posted 05.25.2011 | Politics
Steve Clemons

With occasional blind spots aside, Biden's policy breadth is impressive compared to virtually anyone else on the Obama team. Only Bob Gates comes close to Biden's versatility -- and even there, Biden wins hands down.

Invisible Energy: Austerity? Or More Stimulus? Those are the Wrong Questions!

David B. Goldstein | Posted 05.25.2011 | Green
David B. Goldstein

The answer is to spend more money on things that produce large net savings. The best way out of the recovery is to invest in things that pay back in two, three or four years.

Risky Business: With Stimulus Funds Running Dry, Government Betting On Private Sector

Posted 05.25.2011 | Business

With midterm elections drawing near, it's becoming increasingly difficult to convince Congress that more government money is needed to pull the United...

Weekly Audit: Deficit Reduction = Selling Out to Wall Street

The Media Consortium | Posted 05.25.2011 | Home
The Media Consortium

by Zach Carter, Media Consortium blogger In the fall of 2008, decades of finance-first, bankers-know-best economic policies coalesced to create one of...

On Jobs and Teacher Bills, Some Democrats Ignore Economics and Politics 101

Robert Creamer | Posted 05.25.2011 | Politics
Robert Creamer

The GOP has done a good job promoting the "deficits are out of control" narrative. But Dems should realize that failure to pass measures that create jobs poses a much graver political danger to members -- and economic danger to the country.

Even Smart Conservatives Have Jumped the Shark

David Callahan | Posted 05.25.2011 | Politics
David Callahan

Arthur C. Brooks is not only president of the American Enterprise Institute, the right's most influential think tank, he is also among the smartest in...

New Evidence on the Job Impacts of Climate Policy -- Why Now Is the Right Time to Cap Carbon

Nathaniel Keohane | Posted 05.25.2011 | Green
Nathaniel Keohane

Opponents of climate legislation often claim that now is the wrong time to put a price on carbon, with the economy just emerging from a recession. But the reverse is actually true. Climate legislation would be a stimulus.

Waking up to the Jobs Crisis

Thomas Kochan | Posted 05.25.2011 | Business
Thomas Kochan

If the Administration and Congress fail to accelerate the pace of job creation and improve wages, they will be held accountable by an increasingly angry public.

Paul Broun Compares Obama To "Dead Man Walking Around With No Soul"

Media Matters Action Network | Posted 05.25.2011 | Politics

Speaking on the House floor last night, Rep. Broun (R-GA) labeled President Obama's economic agenda "voodoo economics." His reasoning: "you have to b...

Our Own Facts

Gary Hart | Posted 05.25.2011 | Politics
Gary Hart

Simply waving signs accusing the president of being a socialist or claiming our present predicament began after the last election neglects common sense, history, standard economic policies, and the facts.

Ryan Grim

He's Come A Long Way: Summers Attacks 'Bloated Financial System' | Ryan Grim | Posted 05.25.2011 | Business

Showing just how far his previous economic ideology has fallen from grace, White House senior economics adviser Larry Summers went on to CNBC Tuesday ...

Larry Summers' White House Role Questioned As Economic Policy Shifts

Boston Globe | Posted 05.25.2011 | Home

As President Obama and his team have rolled out a fresh set of strategies to fix the economy, one item on the list - curbing the ability of big banks ...

New York: A Global City for the Global Economy

Steven Cohen | Posted 05.25.2011 | New York
Steven Cohen

New York's role as a gathering place is what makes this city work, and this strategy is central to the nation's long-term prosperity and competitive edge. Yet this is not always understood well.