The financial economy is a confidence game and nobody wants to be the Cassandra who triggers the crash. But we need to address the fact that the next president will face an economic crisis unlike any since 1933.
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 Notes for Next Time: Surviving Tyranny, Redeeming America. Follow Bob at his site, robertkuttner.com, and on Twitter.
Posted inSpecial Report
An Economic Compact for the Young
Improving the economic horizons of America’s young adults will require a sustained commitment and serious resources. But it will pay huge dividends.
Posted inArticle
Obama’s Voice, Edwards’ Message
By introducing himself as a candidate of ideals and generational change, Obama attracted wide support — and still left himself plenty of room to fill in the details later. He’s borrowed those details from John Edwards.
Posted inFeatures
Can the Democrats Think Big?
With the economic crisis becoming more dire by the day, Democrats will win on pocketbook issues only if they recover the imagination and nerve to offer remedies on a scale equal to the problems.
Posted inArticle
The Recovery Plan America Needs
The Senate passed a stimulus package late Thursday afternoon with incremental improvements over the version passed in the House. Neither is adequate: We need a major recovery plan, not a modest stimulus package.
Posted inArticle
A Health Law with Holes
Massachusetts’ experience with health-care reform illustrates the problem of an individual mandate absent comprehensive reform: It makes a social failure the problem of the individual.
Posted inArticle
It’s Time to Save the Housing Sector
Instead of debating the finer points of a “stimulus” package, or the Fed’s next rate cut, Congress and the White House should get together to rescue the housing sector.
Posted inArticle
Will the Faltering Economy Help the Democrats?
It’s not at all clear that the Democrats will be able to pin the economic distress squarely on the Republican administration, or offer a politically convincing alternative.
Posted inArticle
The Solvency Crisis
The Fed is lowering interest rates and exchanging ordinary bank collateral for cash. But it will take more than that to see America through this perfect economic storm.
Posted inFeatures
Good Jobs in a Global Economy
The next president can change our trade and labor policies to rebuild the American middle class.
