Randy Shaw: Chris Mathews describes Tip O’Neill as a tough Irish politician, but the genuinely nice Boston backroom dealer proved no match for a former Hollywood actor who was only sincere when helping the wealthy and demonizing the poor.
Robert Reich: The biggest ongoing threats are chronic recession or even deflation, because consumers don’t have enough money to what the economy is capable of selling at full or near-full employment. Despite gains in productivity, little has trickled down to America’s middle class.
by Eric Ekstrand – The results of the election of Tuesday, November 4th, were more than the elevation of a singularly talented, skilled, and visionary statesman, Barack Obama, to our highest office; more than the ultimate display of the progress this country has made towards civil rights and justice; more than a victory for the [...]
by Adam Eran – The Census Bureau reports that California ranks 10th among states in income, but only 22nd in tax burden. Nevertheless, the Republican mantra has been that higher taxes are so damaging that government should avoid them at all costs — especially in downturns like the current one. This sentiment is so pervasive [...]
by Richard M. Mathews – I wrote recently about how Democratic presidents create many more jobs than do Republican presidents. What about the rest of the economy? I don’t want to talk down the economy as George W. Bush’s team did when he was running for president in 2000. They insisted that the economy was [...]