Deficit

Republicans didn't just respond to the State of the Union, they responded four times. The problem is that a lot of their talking points don't stack up with reality.  1) Taxes Are Too High on The Rich In fact, taxes have become less progressive since 1960: Since 2004 there has been a modest...
01/29/2014
Blog
The establishment consensus is accurately summarized by Martin Feldstein, “Preventing an explosion of the national debt requires slowing the growth of the benefits of middle-class retirees.” But the truth is that the middle class and poor need more help than ever. David Callahan has written here at...
11/13/2013
Blog
The biggest problem with sequestration is that nearly all the cuts so far are to discretionary spending, including many cuts that could hurt the economy over the long-term.   The CBO doesn’t do dynamic scoring, (taking into account the effects budget policies have on the economy), so nobody...
11/06/2013
Blog
Now is not the time to cut government spending, with the economy still limping along. This fact may not be obvious to Washington, but it's obvious to the American public, which has consistently said that fixing the economy and creating jobs should be a higher priority than cutting the deficit. For...
01/08/2013
Blog
The private sector created 155,000 jobs in December, almost exactly the average for the 11 previous months of 2012 and for all of 2011. Once again, it is a record far too weak to produce real progress towards either an adequate recovery or decent growth in wages and salaries. At this rate of job...
01/07/2013
Blog
New York -- In response to the late night passage of a tax deal by the US House of Representatives, Miles Rapoport, president of the national nonpartisan public policy organization Demos released the following statement: "It is in the nature of a complicated bipartisan agreement that it looks...
01/02/2013
Press Release
By and large, the public prioritizes job creation over deficit reduction. Polling conducted after President Obama’s reelection found that 49 percent thought the election was a mandate for job creation while only 22 percent said that the President’s mandate was for deficit reduction. Exit polls...
12/07/2012
Data Byte
This Demos Explainer explores the tension between political support for deficit reduction versus job creation and economic security policies. Most available research indicates a significant difference in priorities between the majority of Americans and the affluent that comprise the political donor...
12/07/2012
Publication
Sometime later this year, the U.S. government is forecasted to hit its debt ceiling again, and the federal budget will once again occupy the attention of Washington as well as voters since it promises to be a hot presidential election topic.  However, it is now quite widely known that the...
04/21/2012
News/Resource
Last summer, on her final day as the Chairman of the FDIC, Shelia Bair decried the short-termism that has overtaken both Wall Street and Washington, where “[o]ur financial markets remain too focused on quick profits, and our political process is driven by a two-year election cycle and its...
04/19/2012
News/Resource
Syndicate content