There is also great potential in hydropower, geothermal, biomass, and off-shore wind. If we invested in these industries at the same level as environmentally destructive ones, we would guarantee a clean economic future for generations to come.
Here's one more reason to be puzzled by the GOP's animus toward green jobs: It turns out that the clean economy is disproportionately fueling economic growth and opportunity in states that tend to send Republicans to Congress -- states that are also struggli
One grievance of the protesters targeting Wall Street is that financial elites wield way too much power in our democracy. That complaint is hardly new, but the latest figures on money in politics tells a truly troubling story about the vast resources that Wall Street has put into shaping both the legislative process and elections.
Last month, the White House introduced a program that would effectively overhaul the tax code and, as Robert Kuttner put it, "locked [Obama] in as a defender of social insurance and working Americans." The five-pronged tax plan would cut rates and inefficient and unfair tax breaks, increase investment and growth in the United States, reduce the deficit by $1.5 trillion over 10 years and -- most contentiously -- institute the "Buffett rule."
The latest example of conservative economic philosophy comes courtesy of Rep. Cliff Stearns (R-FL) who stated, “We can’t compete with China to make solar panels and wind turbines,” implying we shouldn’t even try.
Pop quiz: What’s so bad about the financialization of the U.S. economy over recent decades?
If you’re like most people who are uneasy with the outsized power of finance, chances are you can’t boil down your concerns to a pithy sound bite. So why is there such ridicule of the protesters “occupying” Wall Street for lacking a coherent message?
Republican leaders have been directing intense fire at Barack Obama's plan to raise taxes on the richest Americans, including on millionaires and billionaires who now pay a relatively low rate on income from capital gains and dividends.
As it happens, though, rank-and-file Republicans think that Obama's proposals make a lot of sense. That's the finding of a poll released last week, funded by the SEIU and Daily Kos.
The recent U.S. outbreak of foodborne illness - the deadliest in more than a decade - is a stark reminder that regulations play a vital role in protecting the public.
Massachusetts’ strong and vibrant middle class didn’t just happen. It was built brick by brick by the hard work of our parents and grandparents and the strength in numbers that came from the unions that represented them.
The New York Times ran a front page article this morning titled "As Scorn for Vote Grows, Protests Surge around Globe." Nicholas Kulish writes that across the globe, from Spain and Greece to Israel and India, political protests are being motivated not just by rising economic inequality but by a growing feelin
One of the more frustrating, and fundamentally incorrect, arguments continually repeated during the attacks on Solydnra and clean energy investment is that government should not be in the business of “picking winners and losers,” meaning that the government shouldn’t provide incentives or subsidies to any specific industry or business. This argument is wrong both on a factual level and on a policy level.
With polls showing strong public support for tax hikes on the rich, Republicans should hardly relish a fight with President Obama over “class warfare.” And yet, for weeks, GOP leaders have been bashing the White House for a tax plan that affects just 2 percent of U.S. households and lets the rest of us off the hook.
