South Carolina Governor Mark Sanford warned yesterday that the recently-signed stimulus bill could spur a Zimbabwe-style economic collapse. According...
Mayor Bloomberg refuses to extend federally funded benefits to hungry, out-of-work New Yorkers while they look for jobs. Though with his friends in the financial sector, he isn't so strict.
We are asking the impossible of the new administration. Nobody can fix a catastrophe of this magnitude over night that is the result of deconstructing the rule of law in the financial sector for some 25 years.
Democrats in Congress could really use a lesson in the art of politics from President Obama. They have handed the Republicans a legitimate issue to complain about, and there isn't a single good reason for it.
It will take much stronger medicine to avert a depression than the measures taken to date, and the president needs to rally public opinion if he is to persuade Congress to act at the necessary scale.
There is a progressive way to bring fiscal responsibility back to our federal budget, a path that embraces progressive values of taking care of the poor and investing in a prosperous middle class.
If each country can reduce defense spending by 10% each year, with the resultant savings being applied to renewable energy and climate change, that would be a nice start.
Obama and his advisors made a critical miscalculation by allowing the political goal of bipartisanship to trump urgent economic necessity and the need for a new economic philosophy.
The only valid criticism to be made of the stimulus bill that Obama signed Tuesday with deserved pride of authorship is that it is too small for the enormous problem at hand.
To get through these hard times, we need to work together, every one of us, as a country, and this legislation is a solid foundation on which we can build.
White House economists estimate the $787.2-billion federal stimulus plan will create or save 148,000 jobs in Illinois over the next two years, the Oba...
UPDATE 2/5 at 7:00PM:
Despite reports of tension between Obama and congressional Democrats, Nancy Pelosi emphasized that they remain the president's ...
From the commentariat to the White House chief of staff, the lesson to be learned from the last two weeks, we are told, is that the Obama administration let the Republicans frame the debate over the stimulus.
After the trials and triumphs of his tumultuous first weeks, President Obama appears increasingly focused on ends, not means. In a conversation early ...
In an interview with columnists aboard Air Force One, President Obama talked about what he learned from the stimulus battle. Pronouncing himself impre...
"With all due respect to the president, he shouldn't have his arms and feet blocking the aisle," said Boehner, who sustained minor injuries. "Everyone knows he's lanky."
Perhaps the centerpiece of the current bill (at least for people's pockets in the short-term) is an actual weekly paycheck bump to the tune of about eight bucks.
This "finding our voice" stuff is all well and good for a few true believers among fiscal conservatives, but the political calculus motivating most of the Republican Party is deeply cynical.
Congress should be commended for passing a plan that has the potential to be stimulative as well as smart. Investments in IT will help lead the way to economic recovery.
Wandering around Georgetown yesterday for this video, I found that in this ritzy neighborhood, the sandwich business stands to gain from the president's payroll tax cut ($13 a week for the average worker).
The idea the Republicans want us to believe the "economy" only includes for-profit businesses. Anything that involves investment in public agencies is, therefore, not the economy.