Brent Budowsky: An Obama-Clinton ticket would increase the president’s popular and electoral votes. It would increase voter turnout for Democrats and elect more Democrats to the House and Senate.
Brent Budowsky: Obama is making a riverboat gamble that by doubling down on courting big business he will unleash a surge of jobs and lead resurgent Democrats to a triumph in 2012. Whether this strategy works will determine whether the 2012 campaign resembles the Reagan reelection of 1984 or the chaotic election of 1968.
As president of General Motors when Eisenhower tapped him to become secretary of defense in 1953, “Engine Charlie” Wilson voiced at his Senate confirmation hearing what was then the conventional view. When asked whether he could make a decision in the interest of the US that was adverse to the interest of GM, he said […]
What’s the Administration’s specific aim in bailing out GM? I’ll give you my theory later. For now, though, some background. First and most broadly, it doesn’t make sense for America to try to maintain or enlarge manufacturing as a portion of the economy. Even if the U.S. were to seal its borders and bar any […]
by Robert Reich — The government is doing a lousy job helping distressed homeowners. And according to John Dugan, the Comptroller of the Currency, the little that’s been done has had surprisingly little effect. Nearly 36 percent of homeowners holding mortgages whose terms were adjusted to give them more leeway defaulted on payments within three […]