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If the U.S. increases exports, mercantilist nations like China, Germany and Japan will have to save less and spend more, import more and export less.
Sheldon Filger | Posted 06.19.2009 | Business
President Obama may be fated to travel the same path as Gorbachev, and like him, end up as a valiant failure.
CNN | Posted 05.23.2009 | Politics
President Barack Obama's expansion of the federal government into the financial sector is likely to have "devastating" effects in the long term, forme...
Arianna Huffington | Posted 04.25.2009 | Politics
It was on Summers' watch that the credit-default swaps warhead that has blown up our economy was launched. It would be hard to make assumptions that turned out to be more wrong than his were.
HuffingtonPost.com | Sam Stein | Posted 02.12.2009 | Politics
The Obama transition team put out a video on Sunday detailing the job creation components of their proposed stimulus legislation. Putting aside, for ...
HuffingtonPost.com | Sam Stein | Posted 02.09.2009 | Politics
Barack Obama said today that he never expected the process of crafting a stimulus package to be easy and that he welcomed any idea, regardless of auth...
Lawrence Mishel and John Irons | Posted 02.09.2009 | Politics
Obama is calling on Congress to pass a stimulus package that will cost $700B or more over two years. That could create 2.5M jobs in the first year and a total of 5M jobs in the first two years.
HuffingtonPost.com | Sam Stein | Posted 02.06.2009 | Politics
Following a series of meetings with lawmakers on Monday, President-elect Barack Obama has seemingly bolstered even further his chance of passing a mas...
HuffingtonPost.com | Sam Stein | Posted 01.18.2009 | Politics
UPDATE: Several sources have chimed in to say that DeLauro is not likely to get the nod for Labor Secretary. No explanations were offered, but the sou...
The Huffington Post | Posted 12.25.2008 | Politics
CBS News reports on President-elect Barack Obama's economic plans, which have rapidly expanded as the crisis has worsened: With the stock market wo...
Joshuah Bearman | Posted 12.21.2008 | Business
Obama fundamentally trusts markets, but believes that they make grievous errors (I'll say!), and that those errors must at times be aggressively corrected. Is that a new idea? If so, then no wonder we're screwed.
Mark Cuban | Posted 12.14.2008 | Business
Obama's economic advisory team looks more like a semester's worth of guest speakers for an MBA class than a team that can truly help him. Entrepreneurs will lead us out of this mess. Talk to them.
Larry Gellman | Posted 12.11.2008 | Politics
Many McCain apologists have suggested that the meltdown in the stock market over the last month doomed his campaign. That assessment seems far too friendly.
Lynn Forester de Rothschild | Posted 12.02.2008 | Politics
Regrettably, the road kill of Obama's reckless rhetoric and policies is not the rich taxpayer, but the entire American economy.
Lynn Forester de Rothschild | Posted 12.01.2008 | Politics
What Obama offers, in substance and in spirit, is a radical departure from the principles of the American Dream that has defined our nation over the last two centuries.
Leo Hindery, Jr. | Posted 12.01.2008 | Politics
Using the pejorative word "socialism" to describe an honorable progressive income tax is shameful in these difficult times -- and it is also just plain wrong.
HuffingtonPost.com | Sam Stein | Posted 11.28.2008 | Politics
Two readers have forwarded a new robocall from the McCain campaign, whacking Barack Obama for wanting to "spread your wealth around" so as to afford "...
Joseph A. Palermo | Posted 11.14.2008 | Politics
Obama understands that regulations not only protect workers, consumers, and the environment, but they are essential for the smooth functioning of our modern capitalist economy.
HuffingtonPost.com | Thomas B. Edsall | Posted 11.09.2008 | Politics
As two major developments become increasingly likely - a Democratic presidential victory on November 4 and a sustained economic crisis - Barack Obama ...
HuffingtonPost.com | Sam Stein | Posted 10.18.2008 | Politics
One of the Senate's most progressive members ripped John McCain on Tuesday for offering a phony populist self-portrayal in the wake of the current cri...
HuffingtonPost.com | Sam Stein | Posted 10.17.2008 | Politics
Democrats, going after John McCain and the GOP jugular, are launching a coordinated attack over the economy, painting the current administration as th...
NY Times | Posted 09.21.2008 | Politics
As Barack Obama prepares to accept the Democratic nomination this week, it is clear that the economic policies of the next president are going to be h...
HuffingtonPost.com | Sam Stein | Posted 09.21.2008 | Politics
Barack Obama lashed into John McCain during a campaign stop in Virginia on Thursday, ridiculing the presumptive Republican nominee for being painfully...
Robert Kuttner | Posted 09.20.2008 | Home
A President Obama's greatest challenge would be to reverse the ideological assumptions of the past three decades and then to use affirmative government to deliver not just economic recovery but a just and balanced economy and a revitalized democracy.
Robert Kuttner | Posted 09.18.2008 | Home
The new president will need to inspire the American people to demand enactment of bolder measures than either the Congress or Obama himself currently think necessary or possible.
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Robert L. Borosage | Posted 09.30.2009 | Politics