May 11, 2012
The Obama Administration has unfinished business: lots of it, actually. The President will no doubt seek re-election in November by emphasizing policy successes. He would do well, however, to seek re-election by also recognizing policy failures: recognizing them and committing his Administration to do better. To win re-election, that recognition will need to be honest. . .
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October 31, 2011
The current wave of mass protest against Wall Street excess has completely reframed the public conversation in the United States. The “deficit problem” with which Washington was consumed in the first half of 2011 has not vanished from the political agenda,
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March 24, 2011
The dominant discourse in national American politics these days is a discourse on deficits. The leadership of the Republican Party, emboldened by their mid-term capture of the House, regularly informs us that “we are broke, and that we need to do something about it.”
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December 19, 2010
In Christian churches across the length and breadth of this land, millions of Americans will take comfort and inspiration this week from the story of the Nativity. They will glory in the well-known tale of a poor couple,
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September 23, 2010
…Our imperial endeavors alone, if Chalmers Johnson is right, “will, sooner or later, condemn the United States to a devastating trio of consequences: imperial overstretch, perpetual war, and insolvency.”[1]
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June 5, 2010
The U.S. unemployment rate edged up to 9.9 percent in April, then fell back to 9.7 in May. Long term unemployment also worsened. In April, an extra 169,000 workers had been unemployed for more than 6 months: to bring the total to 6.7 million. The under-employment rate – people in part-time work who wanted full. . .
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May 2, 2010
The ‘progressive’ elements of the health care reform passed March 21, 2010 – especially the proposed taxation of so-called “Cadillac plans” and the payroll taxing of incomes over $250,000 – continued to attract rightwing criticism, in a year in which CEO pay in the 200 major U.S. companies continued to decline slightly. The median package. . .
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November 28, 2009
One tragic consequence of the downturn in the US economy triggered by the 2008 financial crisis was an increase in the number of people in or on the edge of poverty in the United States. As we just saw, unemployment stood at 10.2% officially in November, and was likely over 17% by then if you. . .
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