Media

As the protests against Wall Street enter their third week, community groups and unions are beginning to join the demonstrations. The diverse group has staged almost daily marches and has been pretty much spontaneous and leaderless. Some protesters want the group to have specific goals.

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.

A week after the White House released its jobs bill, Paul Ryan took Fox News to say this:

The current attack on regulations in Congress poses a serious threat to public safety and should be rejected.

Boston - As President Obama tours the nation to promote the "American Jobs Act," a new report from the public policy organization Demos, "The State of Massachusetts' Middle Class," details the causes and impact of the growing jobs crisis in the Bay State and across America.

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.

How is this smart politics?

New York - Today, the Institute on Assets and Social Policy and the national policy center Demos released a report revealing that only four percent of Latino seniors and eight percent of African-American seniors have the resources to maintain economic security for the duration of their lives. The report, "The Crisis of Economic Insecurity for African-American and Latino Seniors," underscores how the nation's seniors were experiencing declining economic security even before the Great Recession.