The Democratic nominee supported fiscal austerity and unfettered trade in remarks to bankers.
Voters are likely to remain dubious about candidates who offer only vague platitudes about key issues like jobs, wages, and trade without making firm commitments or offering specific proposals. The Maryland race has just begun, of course. But so far, it seems to point to the pitfalls of corporate "centrism" -- and the promise of economic populism.
The choice isn't between the wrong-headed austerity of sequestration and the failed austerity plan of Simpson-Bowles. Congress must choose to be on the side of women and their families, and against cuts in Social Security, Medicare and Medicaid.
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.
This policy shadow-boxing -- emphasizing the deficit while pursuing a separate agenda -- is illuminated by the fact that
Some in Washington are still obsessed with undermining this essential foundation of retirement security in America.
Pete Peterson's Fix the Debt CEOs Promote Austerity for the Masses, Expanding Wealth for the 1 Percent
Fix the Debt is the most recent incarnation of the Pete Peterson machine seeking imposition of austerity on the masses, ostensibly to address economic downturn.
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.
“There’s more flexibility” for reporting capital gains income, Andrew Fieldhouse a federal budget policy analyst at EPI who
The adoption of this amendment by the Senate continues this trend, and moves forward an agenda that can significantly improve outcomes for young people and their families even in the constrained budget reality that our leaders at all levels face today.