Category: Economy

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Is a Clinton Revival Timed-Out?

There may not be a big demand for 1990s nostalgia, but the 2016 presidential race could offer one more contest involving a Clinton and a Bush. Yet, some Democrats fear Hillary Clinton could ultimately fail because she lacks a vision…

Obama’s Narrative of Deceits

Though President Obama promised “transparency” and “openness,” he has slipped so far from those goals that some wonder how many sides of his mouth he can speak through. He has surely not broken from the longstanding pattern of presidential deceits…

The Oil-Crash Diplomatic Mirage

Official Washington’s latest “group think” is that the drop in oil prices will bring Russia and Iran to their knees ready to do whatever the U.S. demands. But this analysis is a miscalculation that could cause President Obama to miss…

What Would Jesus Do at Christmas?

America’s widening gap between rich and poor is especially noticeable at Christmastime when the rich shower themselves with extravagant gifts and assuage their self-images by donating a few turkeys and a toy or two to the poor, a tradition that…

The Future the US Budget Foretells

The key drafters of the U.S. Constitution may have had dreams of a government to “promote the general Welfare” but that goal has long since been lost to factionalism and special interests, a reality that is growing worse as money…

Neocons Link Cuba Opening to Iran Deal

Exclusive: Neocons are hoping that by raising the political cost of President Obama’s diplomatic opening to Cuba, they can scare him away from reaching a final agreement with Iran over its nuclear program and thus keep alive their Mideast “regime…

Ayn Rand v. ‘It’s a Wonderful Life’

During the Red Scare of the late 1940s, novelist Ayn Rand and other right-wing zealots targeted Hollywood for supposedly subversive messages, like the criticism of bankers and the praise of community in Frank Capra’s “It’s a Wonderful Life,” as Michael Winship recalls.

US Democracy’s Failure at Racial Justice

The unprovoked murder of two New York policemen has prompted understandable outrage, but the larger context remains the U.S. failure to address legacies of slavery and segregation, compounded by recent police violence targeting young black men, as Dustin Axe explains.

The Liberal Idiocy on Russia/Ukraine

Exclusive: American pundits are often more interested in scoring points against their partisan rivals than in the pain that U.S. policies inflict on people in faraway lands, as columnists Paul Krugman and Thomas L. Friedman are showing regarding Russia and…

Krugman Joins the Anti-Putin Pack

Exclusive: Official Washington’s “group think” on the Ukraine crisis now has a totalitarian feel to it as “everyone who matters” joins in the ritualistic stoning of Russian President Putin and takes joy in Russia’s economic pain, with liberal economist Paul…