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These days, there's not a lot of sympathy out there for the big banks. That isn't likely to change through the advocacy of Steve Forbes. Of all the controversial provisions of Dodd-Frank, Forbes, and the banking industry, has seized upon the Durbin Amendment as the most dangerous. Why? The Durbin
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Joseph Hines
The CBO has updated its figures for 2013, showing that if we don’t engage in reckless austerity, the economy will continue to recover next year. But if not, well, we would enter a deep, double-dip recession.
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Joseph Hines
By now, regular readers know how we feel about the reliance on GDP as the main economic indicator and its inability to measure our economic and social well-being.
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J. Mijin Cha
In a speech at the University of Kansas in February of the tumultuous year 1968, Robert F. Kennedy spoke of the plight of the poorest Americans, those struggling in devastated rural areas, and on Indian reservations and in the tenements and housing projects of the inner cities. He was blunt. “We
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Bob Herbert
The news of looming cuts in California's education system is, an and of itself, depressing and frightening. Considered as part and parcel of a pervasive American tic -- the ability to be both aware of a problem but obstinately unwilling to do anything to solve it -- well, one can't help but be
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Elon Green
The Pew Research Center is out with a depressing new study today about how America's middle class has lost ground -- along with some of its famous can-do optimism, too. No big surprise there, given that we're now in year five of the worst economic downturn since the Great Depression.
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David Callahan
Quick question: What happens when you step down a slope? Well, if it's a steep slope you'll start sliding, but not so fast that you can't catch yourself, avoiding serious harm. And that's exactly the situation Washington will face early next year, if it doesn't reach a deal on expiring tax cuts and
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David Callahan
Last week, TransCanada began construction on the southern section of the controversial Keystone XL pipeline. Despite serious concerns about the environmental impact of the pipeline, the Obama Administration backed building the southern portion earlier this year. It’s not hard to see how this is just
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J. Mijin Cha
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David Callahan
This morning, The Washington Post reported on a new study -- commissioned by the Manufacturers Alliance for Productivity and Innovation (MAPI) -- that finds federal regulations that impact the manufacturing sector on a perilous rise.
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Alex Amend