It’s come to this in America: the most prominent champion of extending stimulus, including the payroll tax cut, is Larry Summers. And he also obliterated the argument for the confidence fairy succinctly.
|By: Phoenix Woman Saturday October 6, 2012 6:45 am|
It’s been one of those weeks again where I just don’t know which story to discuss, so I wind up trying to discuss them all.
|By: David Dayen Friday October 5, 2012 12:00 pm|
Alan Simpson is upset that somebody besides those with the accumulated wealth of a Pete Peterson gets a voice in our democracy.
|By: David Dayen Thursday June 21, 2012 6:45 am|
|By: David Dayen Friday June 15, 2012 9:55 am|
Treasury Secretary Timothy Geithner spoke in front of the Council on Foreign Relations Wednesday, and he gave what amounts to an endorsement of the Bowles-Simpson deficit reduction plan.
|By: Dean Baker Wednesday June 6, 2012 12:20 pm|
It’s a tough job, but someone’s got to do it. Today, Thomas Friedman tells us about the squandered opportunities around the world, siding with Angela Merkel’s lecturing to Europe and promoting the Bowles-Simpson scheme to redistribute income upwards.
|By: David Dayen Tuesday May 29, 2012 4:27 pm|
One of the bigger issues with the lack of Democratic consensus as the fiscal cliff nears is that it gives oxygen to a group of right-leaning fiscal scolds who see the opportunity to decimate safety net programs, allegedly in exchange for some tiny giveback on taxes they will describe as balanced. You can see this with the renewed prominence of Erskine Bowles and Alan Simpson, who claim to be working with a bipartisan group of lawmakers.
|By: David Dayen Wednesday May 23, 2012 2:15 pm|
Alan Simpson, the most avuncular-looking Mean Girl in Washington, is back at it again. He fired off a letter to the California Alliance of Retired Americans, months after making an appearance in the Golden State that included a protest by this group. It was clearly eating at his soul so much that he had to “set ‘em straight” on how they should shut up and take the reduction of future Social Security benefits for all Americans with some more dignity and grace.
|By: Attaturk Thursday February 23, 2012 1:30 am|
There’s nothing our beltway “reasonable men and women” love more than a conservative a-hole they can praise because he (it’s almost always a he) isn’t an EXTREEEEEEEEEEME conservative a-hole.
|By: David Dayen Monday February 20, 2012 3:36 pm|
I liked this Mark Thoma piece about the shifting of the Overton Window. I think I alluded to this with my story on a new round of tax cuts being humped by the GOP, and the new bipartisan consensus on the virtue of tax cuts as a stimulus measure. With the focus on tax cuts, both sides play a role in shifting the Overton Window to the right. And the result is a set of policy choices that get artificially narrowed.