Two weeks before the Iowa caucuses, the Republican crackup threatens the future of the Grand Old Party more profoundly than at any time since the GOP’s eclipse in 1932. That’s bad for America. The crackup isn’t just Romney the smooth versus Gingrich the bomb-thrower. Not just House Republicans who just scotched the deal to continue … Continue reading »
radical right
The hostage crisis continues: Why Obama can’t pivot to jobs and growth
With the hostage crisis behind him, the President is now ready to talk about the nation’s real problem. Nine paragraphs into his remarks today announcing the nation has paid most of the ransom the radical right demanded as a condition for maintaining the full faith and credit of the United States (he didn’t use these … Continue reading »
Ransom paid
Anyone who characterizes the deal between the President, Democratic, and Republican leaders as a victory for the American people over partisanship understands neither economics nor politics. The deal does not raise taxes on America’s wealthy and most fortunate — who are now taking home a larger share of total income and wealth, and whose tax … Continue reading »