Why is it that Washington village “progressives,” and their associates in other parts of the country who are nevertheless part of the Washington village culture, often ask useful questions, but, almost always deliver, underwhelming answers?
|By: Jon Walker Friday February 21, 2014 10:06 am|
It is a sad comment about the current state of politics that the biggest progressive victory so far this year wasn’t a victory with the Democratic President, but a victory against him. While Obama did technically remove chained-CPI, he was the one who put it there in the first place. He is the one who has been consistently pushing for a grand bargain for years. He was the one who forced the Democratic party to temporarily back such a destructive and deeply unpopular position.
|By: letsgetitdone Thursday February 20, 2014 3:55 pm|
On Valentine’s Day, Senator Bernie Sanders sent a letter to the President, authored by himself and signed by 15 other Senators, all Democrats. The letter was a response to the rumors that the President intends to include his Chained CPI proposal to cut Social Security benefits in the budget he will soon send to Congress.
|By: Jon Walker Thursday February 20, 2014 12:15 pm|
This is a big victory for the defenders of Social Security who have for years been fighting a very well-financed coalition of so called “deficit” groups focused on undermining the retirement security for millions of Americans.
|By: letsgetitdone Saturday February 15, 2014 11:15 am|
Paul Krugman can’t explain why the deficit issue has suddenly dropped off the agenda.
|By: DSWright Thursday February 13, 2014 1:15 pm|
The fake “millennial” group funded by Wall Street called “The Can Kicks Back” which supports cutting Social Security and Medicare to solve the debt problems and bring “fiscal sanity” to the budget has gone bust.
|By: Jon Walker Friday January 31, 2014 8:30 am|
It could end up being the humble start of a basic public banking system that would protect low income Americans from the worst practices in the financial system. Right now it is designed to only function like an automatic retirement saving account from the government, but it is easy to see how the thing could steadily expand into something much bigger by offering more and more services.
|By: Jon Walker Wednesday January 29, 2014 1:22 pm|
One of the few concrete executive actions in the State of the Union address was President Obama’s plan to start MyRA. It is framed as a low cost government backed retirement saving bond/account. The more I learn about it the less sense it seems to make.
|By: DSWright Thursday December 26, 2013 10:42 am|
As unemployment benefits are set to expire Saturday for 1.3 million Americans the Congressional Budget Office (CBO) has produced an estimate for the costs of maintaining and modernizing America’s doomsday weapons – $355 billion.
|By: Tom Engelhardt Thursday December 12, 2013 7:15 pm|
If you’ve heard the phrase “class war” in twenty-first-century America, the odds are that it’s been a curse spat from the mouths of Republican warriors castigating Democrats for engaging in high crimes and misdemeanors like trying to tax the rich. Back in 2011, for example, President Obama’s modest proposal of a “millionaire tax” was typically labeled “class warfare” and he was accused by Congressman Paul Ryan, among others, of heading down the “class warfare path.” Similarly, in 2012, Mitt Romney and other Republican presidential hopefuls blasted the president for encouraging “class warfare” by attacking entrepreneurial success. In the face of such charges, Democrats invariably go on the defensive.