O’Neill-Reagan Relationship No Model for Effective Governance

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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.

Trickle Down Poverty

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Steve Hochstadt: Republicans are trying to slash the programs which have allowed most people who fell into poverty during the recession to get out of it.

Trickle Down Economics a Pyramid Scheme

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Tina Dupuy: We’re fatter, sicker, further in debt and using the most illegal drugs in the world—all signs Americans have become overspent from bad economic policies.

The Seven Biggest Economic Lies

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Robert Reich: Here’s a short effort to rebut the seven biggest whoppers now being told by those who want to take America backwards.

When Else Have Poor People Been So Disenfranchised?

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Jerome Braun: Lincoln didn’t fear the rich and powerful as much as he wanted to help the poor and helpless. Some have compared Barack Obama to Abraham Lincoln. Would that it be so.

Fed Policy Needs a U-Turn

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Brent Budowsky: America needs new thinking for monetary and fiscal policy. Fed policy has failed. Government policy is inadequate. Ron Paul has advanced an important debate.

Paul Ryan’s Response to the State of the Union

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Miles Blue: Republican Representative Paul Ryan’s response to the President’s State of the Union speech was remarkably disingenuous – he charged the President with wanting to maintain the “status quo.” Who is kidding whom? Paul Ryan’s own “Road Map for America’s Future” does nothing more than give the country to the major corporations, to the rich, and to Wall Street.

What’s at Stake in Tax-Cut Deal

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Norman Solomon: More than two weeks after President Barack Obama announced his decision to make a tax-cut deal with Republican leaders, the shock waves continue to buffet many Democrats and others who are stunned by the grim implications.

The Showdown On Tax Cuts for the Rich

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Robert Reich: In political terms, a strong stand enables the President to clearly demonstrate who’s side he’s on (the working and middle class that’s still bearing the brunt of this lousy economy) and who’s side the Republicans are on (the powerful and privileged who brought much of this on, and who are now doing just fine).

What Center?

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Joseph Palermo: The political “center” of American politics is a moving target. And for the last thirty years it has moved in only one direction: Rightward.

Reagan v. F.D.R.

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Adam Eran: Acting together solved problems in FDR’s philosophy. Such action was the problem, in Reagan’s. Now we have experienced roughly 40 years of each. Which one produces better results?

Dysfunctional Politics Begets Suicidal Policies

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David Love: The Republican party faithful care little about the lives of everyday people. But they do care about their corporate benefactors. They claim to care so much about deficit reduction that they do not want to extend unemployment benefits, yet they want to extend the very tax cuts that wrecked the U.S. economy.

Why We Are Moving Toward a Recessionary Era

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.

Why Would Union Members Vote Republican?

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Berry Craig: The union-haters must still be in hog heaven over an AFL-CIO-sponsored poll that showed most Massachusetts union households supported Republican Scott Brown over union-endorsed Democrat Martha Coakley in the special election to succeed the late Sen. Ted Kennedy.

Color of Law: Now the Robber Barons Replace the Welfare Queens (and Rightly So)

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Gordon Gecko had a long run of it, but now the party is over. I’m talking, of course, about the character in the film Wall Street, that conniving titan of finance who would sell his mother for a buck and a quarter, and there is scant evidence that he had not already accomplished that goal. [...]

Economics 101: Who’s Up, Who’s Down

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by Robert Brent Toplin – Customers at my local Barnes & Noble store are likely to get the impression that books about Franklin D. Roosevelt are all the rage these days. When they stand in line to pay the cashier, they come upon a large display of volumes dealing with FDR and the Great Depression. [...]

Who Lost the Election?

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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 [...]

Raising Taxes Is Good for the Economy

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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 [...]

Too Big To Fail: Unless It’s the Entire EEKonomy!

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by Gene Rothman – A new Goldilocks gauge has gripped the Guardians of Greed. Too Big to Fail (TBTF) used to be one size fits all. Big corporations would be bailed out only if they were Big Enough. But now, the fickle public has grown Leery of the Too Large. It may now be seen [...]

A Bottom-Up Bailout Rather Than Trickle-Down

Hank Paulson has just about burned through $300 billion, and it’s not clear what the public has got out of it. Perhaps things would be worse without the bailout but they’re certainly no better. Wall Street banks have not significantly stepped up their loans to small businesses, college students, car buyers, or distressed homeowners. Much [...]

Voters Are Rejecting Republican Ideology, Not Just Bush and McCain

With pundits finally predicting an Obama victory, some are already spinning the election as a referendum on President Bush and on John McCain’s weak campaign. This frame—which claims Bush was an “anchor” around John McCain’s neck from the outset—spins this election as a rejection of specific politicians, not the Republican Party. But John McCain publicly [...]

Mourning in America: Reagan’s New Steal

The Republican death wish for the U.S. government almost came to their hoped-for fruition. Kill Franklin Delano Roosevelt’s New Deal and replace it with Reagan’s New Steal of privatization and corporate control. It’s not what our founding fathers or our U.S. Constitution had in mind. “Death and fear’ was the message from the Republicans when [...]

Who Builds the Economy? Democratic Presidents Do!

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 [...]

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