It might surprise many to learn that business people all over America have joined the fight against economic inequality. Here
American deficit hawks gathered in the nation's capital on Wednesday to commiserate over the collapse of the U.S. austerity movement, solemnly hobnobbing with political royalty to reminisce about the days when slashing Social Security seemed all but inevitable.
'Fix The Debt' Companies Would Reap Up to $173 Billion From New Territorial Tax System, Report Finds
Co-founders of the "Fix the Debt" campaign, Alan Simpson and Erskine Bowles, want the U.S. to move toward a territorial tax
Simpson and Bowles and austerity's other sales people aren't really economic thinkers. They're paid to pitch a product. They didn't invent austerity any more than Alex Rodriguez invented Pepsi. But what they're peddling isn't a soft drink. It's a lot worse for you than that.
Imagine that a substantial group of the most prominent astronomer insisted that the sun goes around the earth, as anyone can plainly see. There would likely be huge numbers of people who refused to accept that the earth goes around the sun. This is the state of modern economics.
I can only think of this metaphor, which I believe is apt: There's a ticking time bomb in your living room, you know the bomb will certainly explode in 10 to 15 years, and you choose only to reassure your family, "There is no 'immediate' danger." That is pretty much the situation we face today.
When fiscal crises become the "new normal" the public begins to remember that they elected politicians to do a job. And part of their job description is to take care of the public purse and not to create problems where none exist.
In addition to his current duties as professional-liberal-even-Joe-Sixpack-can-love on MSNBC, Ballard Spahr court jester, Rendell is currently co-chairing the steering committee of something called The CEO Campaign To Fix The Debt.
When Jim McCrery, a former Louisiana congressman, urged lawmakers last month to pursue entitlement cuts and tax reform, he
It's nice work if you can get it! The cause for Chait's anger is the fact that Bowles -- famously of the "Erskine-Bowles
Social Security Sustainable: Productivity Improvements Enlarge the Pie, Facilitate Funding Boomer Benefits and Beyond
The latest bumper-sticker slogan that "Social Security is unsustainable" doesn't stand up under scrutiny.
Stansbury replied, "These are the real people," but Haislmaier was "livid." Stansbury told The Huffington Post that Haislmaier
WASHINGTON -- Members of the influential Campaign to Fix The Debt struck a posture of post-partisan political neutrality
The Simpson-Bowles personal profit tour reveals that for them, for their creation -- the speciously labeled Campaign to Fix the Debt -- and for the CEOs, right-wing groups and Republicans rallying round them, the effort has nothing to do with deficits or fixing anything.
After eating too much turkey, Congress returned to Washington this week with more opinions than my politically divided family about how we can reduce our federal deficit before the New Year when time runs out, and the federal budget turns in to a speeding car driving off the "fiscal cliff."
WASHINGTON -- Pessimism grew on Wednesday over whether congressional leaders and the White House will strike a debt reduction