President Obama is furiously fending off those “winter of discontent” stories, and it’s not even winter yet.
Why there is such iron fidelity to neoliberal austerity in the contemporary community of official economists? It can’t be that it works. It doesn't work.
Sluggish growth and persistent unemployment are the real problems. The paradox is that the deficit would be less challenging if we'd been less preoccupied with it.
Let's allow ourselves hope after the defeat of extremists who closed the government down to accomplish nothing. Some important things have changed for the better.
Our nation escaped the worst. But there were consequences to the decision of a craven House Republican leadership that knew it was picking a fight it could not win.
It is not alarmism to fear that Congress's failure to authorize an increase in the national debt could trigger a global recession.
The vast majority of Americans are outraged that some in Congress are endangering the economic security of the nation in pursuit of a narrow ideological agenda.
Obama and Democrats are done with being intimidated by the use of extra-constitutional means to extort concessions the right cannot win through normal legislation.
The Republican right still does not accept the legitimacy of Barack Obama's presidency. This is why much of the government shut down.
Few cities were as dependent on a single industry for their survival as Detroit, or so disproportionately blue-collar in their population.
A current policy debate once again pits the bulk of the economics profession against common sense.