Too Much Talk About Taxes

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Steve Hochstadt: Our conversations about government all seem to revolve around whether the tax rate is high or low, or who should pay more or less. We need to talk more about what we want government to do.

Did Washington Rescue the Wrong Economy?

Tim Geithner Is Wrong

Richard Eskow: Borrower relief has an even greater stimulus effect than originally thought — if it is targeted towards non-wealthy homeowners. Wealthier homeowners are less likely to spend money when offered debt relief.

Progressives Taught Us What Not to Do

Reversing Inequality

David Huyssen: Progressives never realized the full potential of the regulatory state to lessen inequality because they were too busy trying to change the behavior of the working class through educational reform, racist moral crusades in low-income neighborhoods, and empathy-building exercises.

What Housing Recovery?

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Peter Dreier: Dealing with this problem on a city-by-city basis may not be the most efficient way to confront a national crisis, but in the face of Wall Street intransigence and federal indifference, cities have had to find their own way to restore the lost wealth of their constituents.

Enacting Guaranteed Income for Life

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Charles Hayes: People whose internalization of the business model is such that they believe Capitalism to be the solution to every problem under the sun now make me cringe. Low wages, high unemployment, and low taxes are good for business, but not so much for working people. The business model of efficiency is well suited to business, but not to families when there are not enough jobs that pay a living wage.

The Psychic Pain Borne by the Rich

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Jim Hightower: One thing about the tea party Republicans in Congress is that they do know who butters their biscuits. Several have recently rushed forward with an anguished plea in defense of Wall Street barons, CEOs, and billionaires: “Stop the vilification of wealthy people,” is their cry.

The Global Banking Game Is Rigged: The FDIC Is Suing

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Ellen Brown: Taxpayers are paying billions of dollars for a swindle pulled off by the world’s biggest banks, using a form of derivative called interest-rate swaps; and the Federal Deposit Insurance Corporation has now joined a chorus of litigants suing over it.

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