Remember the "superpredators"? They were the supposedly super-violent youngsters of dark complexion that conservatives kept screaming about in the 1990s. We were told they were about to unleash an unprecedented wave of vicious crime any day now. more »
Robin Hood would not be happy if he happened upon our incredibly top-heavy modern world. But the new campaign to levy a tax on speculative trading would most certainly have him smiling.
Will Mitt Romney create jobs and help our economy, or will he just take us back to the Bush-era, send-jobs-to-China destruction that made him rich? With Romney there is no way to connect what he says with what he means or might do. So we are forced to read tea leaves and look for signs. Should be reading Chinese tea leaves?
On June 20, 2012, Nick Nyhart, CEO and President of Public Campaign, Joan Mandle, Executive Director of Democracy Matters, Tracy Leatherberry of Common Cause and others delivered a people's indictment for crimes against our democracy to Karl Rove, American Crossroads, and Crossroads GPS.
Detailing an attempt to subvert and sell our democracy, the indictment was also mic check'd from the street by hundreds of protesters in 100 degree DC heat. The protest was organized by the Campaign for America's Future, OurDC and others who took to the street.
New York State's Attorney General told an audience at the Take Back the American Dream Conference that we need a "transformational politics" that will change the way we look at ourselves, our society, and our economy. more »
I wonder sometimes if Paul Krugman ever gets tired of being right. Or does he get bored with it, given how often it happens?
This week, at the Take Back the American Dream conference, Krugman shared the stage with Chris Hayes for the "End This Depression NOW!" plenary session. (Videos of all the plenaries are available on our conference videos web page.) During the plenary, Krugman held that we could be at 7% unemployment right now, if Congress had extended part of the Recovery Act that sent money to states in order to prevent worker layoffs.
Today, a couple of news items suggest Krugman may be right again.
This post from the libertarian Cato@Liberty blog by Christopher Preble about the sizeable increase in the deficit Mitt Romney's military spending plans will cause caught my eye yesterday thanks to the ever-watchful CG&G alum Bruce Bartlett.
In case you're not familiar with it, Romney has pledged to spend at least four percent of GDP on the Pentagon’s base budget. And, also just in case you're not familiar with it, this would be a huge increase in federal spending and, without offsetting tax increases or spending cuts (which given the amount of additional spending and the need to reduce the deficit would be impossible to do), a substantial rise in the deficit.
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