Why wealthy political investors will keep pouring money into politics—until they’re stopped
Robert Reich
Posted inMoney, Politics, and Power
The Fiscal Cliff Proxy War
The current battle in Washington over taxes and government spending is really about how—and whether—to combat the decline of the middle class.
Posted inMoney, Politics, and Power
Forget the Fiscal Cliff—We’ve Got Other Problems
If we had a functional government, America would address these three problems posing far greater danger to us than the fiscal one.
Posted inMoney, Politics, and Power
Will Tim Geithner Lead Us over or around the Fiscal Cliff?
I’m trying to remain optimistic that the president and congressional Democrats will hold their ground over the next month as we approach the so-called “fiscal cliff.” But leading those negotiations for the White House is outgoing Secretary of Treasury Tim Geithner, whom Monday’s Wall Street Journal described as a “pragmatic deal maker” because of “his […]
Posted inWorking in America
Why You Shouldn’t Shop at Wal-Mart on Friday
While the company’s shareholders rake in $16 billion per year, the average worker at America’s largest employer makes just $8.81 an hour.
Posted inMoney, Politics, and Power
Note to Obama: Shoot First, Compromise Later
If the past four years have taught us anything, it’s that the president should start negotiations with a tough line.
Posted inMoney, Politics, and Power
Why Obama Needs to Restart the Conversation on the Economy Now
Time to reframe the debate on the fiscal cliff
Posted inMoney, Politics, and Power
Governors’ Races: No Silver Lining for GOP
Given how little Republicans have to celebrate today, it might be tempting for the more enthusiastic conservatives to sip at least a little champagne over gubernatorial dominance. While races for the top state job in Montana and Washington remain too close to call, Republicans successfully captured North Carolina’s governor’s mansion. That means of the 50 […]
Posted inMoney, Politics, and Power
Higher Taxes Hurt Job Creators? That’s Malarkey.
Changing how our tax policies treat the 1 percent is necessary if we want to survive the fiscal cliff.
Posted inEconomic Policy
How January’s Fiscal Cliff Turns into a Gentle Hill by February
Regardless of what happens on Election Day, at the beginning of next year more than $600 billion in tax increases and spending cuts automatically go into effect. That’s equivalent to about 5 percent of the entire U.S. economy-more than the projected growth of the whole gross domestic product next year. The problem is, if we […]
