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Jack Welch should be ashamed of himself
I hesitate to weigh in on such foolishness—I’m a strong advocate of not shooting everything that moves—but this seems to have some legs: I was on the Thomas Roberts show this morning, where they showed...
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Romney’s secret tax plan doesn’t add up. So press him in the debate
The math doesn’t work. Does too. Does not. That’s my somewhat condensed summary of the great tax debate so far in this campaign. Despite his “Tax cut? Who said anything about a tax cut?” routine, Mitt...
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Don’t vote based on Friday’s jobs number
Friday at 8:30am, the Bureau of Labor Statistics will release its employment report for October. Jobs days are always big news, of course, and this one is the last big economic number to come out...
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Why raising tax rates on the rich is the only fix for the fiscal cliff
There are lots of moving parts to the fiscal cliff, but the tax part—the $400 billion in higher tax payments next year compared to this year—is the most contentious. So if Congress and the...
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Corporate profits are up, but regular folks have been left behind
We got some good news Monday night: The government sold off all of its shares in AIG, the huge insurer with a hedge fund on top that went bust at the height of the 2008 financial crisis, requiring a...
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GOP’s debt ceiling threat must not stand
So: From a progressive perspective, was this fiscal cliff deal a good one? The short answer is: It depends on what happens now. First, let’s back up a step and ask, what constitutes a good fiscal deal...
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The Dow is soaring, now what about the rest of us?
The booming stock market might lead to conclusions that the economy’s doing great, except for most of the people in it. And that isn’t off by much. How can that be? Where’s the tail and where’s the...
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