Robert Kuttner

Robert Kuttner is co-founder and co-editor of The American Prospect, and professor at Brandeis University's Heller School. His latest book is Debtors' Prison: The Politics of Austerity Versus Possibility. He writes columns for The Huffington Post, The Boston Globe and the New York Times international edition. 

Recent Articles

Social Insurance: The Real Crisis

Why an inefficient welfare state is an insufficient one

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The State of Our Union? Economically Unjust

AP Images
To honor Martin Luther King, Jr., the White House declared a “day of service” in Dr. King’s memory, and President Obama spent a few minutes on Monday helping to serve meals in a soup kitchen near the White House. Talk about a tin ear, or a timid one. For starters, Martin Luther King’s life was not about soup kitchens. It was about radical, disruptive struggle to win civil rights; and then in his last five years it was about connecting racial justice to economic justice. Dr. King took pains to define the 1963 March on Washington as about jobs as well as justice. He was murdered while helping striking sanitation workers in Memphis fight for decent wages. If we had more good jobs, and less Republican assault on what’s left of our social safety net, we’d need fewer soup kitchens. The president might have honored Dr. King’s legacy by giving a speech about that. One can sympathize—to a point—with President Obama’s wish to downplay both the radicalism and the racial aspect of Dr. King. As...

David Brooks’s Worst Column Ever

Well, this is getting to be a habit. Alert readers may recall that a few weeks ago, I wrote a piece about Tom Friedman’s worst column ever, plugging efforts by a billionaire hedge fund friend to persuade college students that their enemy was Social Security. Now, Friedman’s colleague David Brooks has written an even worse column . It’s really hard to determine Brooks’ worst column ever, since he seems to turn out one every week. Brooks’ latest piece, in Friday’s Times , begins inauspiciously, “Suddenly, the whole world is talking about income inequality.” (Where has Brooks been, Jupiter?) He goes on to argue that the inequality debate is miscast. Income inequality, according to Brooks, has two entirely different parts—the pulling away of the very top (he’s surely right about that); and the poverty of the bottom. The trouble with the bottom, says Brooks, is that poverty isn’t just economic; it has complex socio-cultural roots, etc., etc., and you don’t solve it with measures like the...

The Fed Transformed

AP Images/Charles Dharapak
AP Images/Charles Dharapak I t is a small miracle that on February 1, Janet Yellen will become chair of the Federal Reserve. She is not just the first woman to head America’s central bank but the first labor economist. While the Fed is ordinarily obsessed with inflation, Yellen has given equal or greater emphasis to unemployment. Yellen represents a break with the Wall Street–friendly senior Obama economic officials who promoted their former colleague Larry Summers for chair. Had Summers gotten the post, the Fed and Treasury would both have been in the hands of the same old boys’ club that coddled the big banks before and after the financial collapse of 2008. That the job went instead to Yellen means the Fed will be an independent power center, and somewhat to the left of the administration. With a four-year term as chair, Yellen will serve at least two years into the next presidency as well. The transformation of the Fed since the economic collapse of 2008, however, is far broader...

A Dubious Budget Deal

The years of Republican obstructionism and the corporate campaign for deficit reduction have taken such a toll that merely the fact of getting a budget deal at all looks like a great achievement. This one is better than continued impasse, but the deal itself is a stinker. Representative Raul Grijanva, co-chair of the House progressive caucus, put it well: “I feel like punching myself in the face, but I’ll vote yes.” The deal does override the automatic sequester for this year. It will restore some $31.5 billion in sequester cut over the next two years in domestic spending, and a like amount in military spending. But those increases are against a backdrop of more than a trillion dollars of cuts over a decade. The deal nominally is deficit-neutral, because it adds new budget cuts in Medicare in 2022 and 2023. Even worse, the deal did not even include an extension of expiring extended unemployment insurance, at a time when the share long-term unemployed is stubbornly stuck. That...