Peter Dreier: Peterson’s Fix the Debt agenda would simply exacerbate the recent trends of widening inequality and declining living standards for most Americans, a chasm we haven’t seen since the Gilded Age of the late 1800s. This so-called “solution” is bad for the economy and bad for the country.
he rich truly are different than the rest of us, as Dorothy Parker observed many decades ago, and they proved it Sunday afternoon at a trio of Mitt Romney fundraising events in The Hamptons on Long Island. Revlon chairman Ronald O. Perelman, Clifford Sobel who is a former US ambassador to Brazil, and David Koch [...]
Carl Bloice: The danger remains that those in the Administration’s camp who are never anything but political operatives will prevail, opportunity will give way to political expediency and fall prey to the notion that the 2012 election trumps all
Tom Hayden: Launch a campaign progressive to the core, with no compromises on ending tax cuts for the rich and trillion-dollar wars.
Steven Hill: So according to Krugmanomics, taking on too much debt is not the problem – it’s not being able to pay the debt that is the problem. And Krugman’s solution, apparently, is to be able to depreciate your currency and/or default on your debts, leaving the creditors holding the bag.
Randy Shaw: But if progressives had a crystal ball that foresaw how Obama would perform as President by the end of 2010, I think most would have backed Hilary Clinton. Here’s why.