Welcome to the Virtual Summit


Todd Pinkus's picture

Social Security Works Better By Maintaining Benefits

This special commission edition is the eighth and final installment in our Social Security Works series. more »


Dave Johnson's picture

Conservatives Call For Massive Deficits To Create JOBS

Saying that the Obama "stimulus" was not big enough, conservatives are demanding that the government massively increase deficit spending to create badly-needed jobs. Newt Gingrich, at the conservative media outlet Human Events, calls for an Economic Freedom Act that includes, more »


Dave Johnson's picture

Tax Cuts Caused The Deficits, Therefore...

No serious person denies that Reagan's 1981 tax cuts and military increases threw the country into a pattern of borrowing and borrowing that we have not escaped. When Reagan took office the national debt was $995 billion. When Reagan left office it was $2.87 trillion and climbing fast. more »


Dave Johnson's picture

Why the Deficit Dominates DC Thinking

Washington politicians are convinced that the public is demanding cuts in spending, even over creating jobs and restoring the economy. This pressure comes because much of the public believes that "Obama tripled the deficit." This has been the right's drumbeat for over a year and the public has not heard any response. more »


Dave Johnson's picture

"Government Doesn’t Have the Resources to Stop It"

People want the President to exert leadership to turn things around.

The oil leak. Unemployment. Credit card scams. Foreclosures. Predatory corporations. Environmental destruction. Global warming. Roads and bridges crumbling. Incomes stagnant. Schools getting worse. Companies moving overseas. Problem after problem. more »


Dean Baker's picture

Looniness in the Cause of Deficit Reduction at the NYT

With the deficit hawks in high gear, people are prepared to say anything in pursuit of the goal of deficit reduction. Remarkably, the NYT is apparently willing to print almost anything. Today the deficit cutting crusade is led by hedge fund manager David Einhorn. more »


Todd Pinkus's picture

Social Security Works for Families

This is the seventh installment in our Social Security Works series. more »


Dave Johnson's picture

Reagan Revolution Home To Roost: America Drowning In Debt

“Watch what we do, not what we say.” (Famous Republican advice.)

The Reagan Revolution was first and foremost about cutting the taxes paid by the rich and corporations. Now, almost 30 years later, the United States of America is drowning in debt. And that is exactly what they wanted to happen. more »


Nathan Tabak's picture

Why Does Honeywell’s CEO Oppose Defense Spending Cuts? Follow the Money

David M. Cote, CEO of the mega-corporation Honeywell, has been enjoying a high profile in Washington of late, as one of two Republicans appointed by President Obama to his bipartisan debt commission. more »

Hire Deficits

The good news is that the private sector created 231,000 jobs in April. The bad news is that unemployment rose from 9.7 to 9.9 percent because more people are seeking work — over 800,000 entered the labor force in April, dwarfing the increase in jobs. more »