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For more than a decade, progressive Democrats have placed their hopes on demographic changes. The electorate is becoming blacker, browner, younger, and more welcoming of diverse immigrant groups -- people who tend to be more liberal on a broad range of social issues, people who also rely on affirmative government.
...(206) Comments | Posted December 8, 2013 | 10:00 PM
Three pieces of seemingly good economic news dominated the headlines last week.
The official unemployment rate dropped to 7.0 percent, its lowest level since 2008, reflecting the fact that the economy has created upwards of 200,000 jobs for each of the past two months.
The GDP growth rate for...
(945) Comments | Posted December 1, 2013 | 10:35 PM
I've taken a fair amount of heat for a post that I wrote two weeks ago in this space titled "Obama's Gift to the Republicans."
The gift is, of course, the Affordable Care Act. I wrote that it was botched not only in execution but in conception, as...
(467) Comments | Posted November 24, 2013 | 10:12 PM
The Senate Democrats' long-deferred success in reforming the filibuster rule for executive branch and judicial appointments will have reverberations that are only gradually being appreciated. Not only will 76 long-blocked appointments -- a record -- now go forward in short order. Obama, if he chooses, will be able to appoint...
(1139) Comments | Posted November 17, 2013 | 10:09 PM
The ancient Greeks liked to say that character is fate.
The colossal mess that Obamacare has become reflects both the character of the legislation and that of the president who sponsored it.
The Affordable Care Act, as a government mandate for people to purchase private insurance with an array of...
(599) Comments | Posted November 10, 2013 | 9:56 PM
When Edward Snowden first leaked massive NSA files to the Guardian newspaper, public reaction was mixed. To some, he had arrogated to himself a decision to make public some of the most sensitive national security secrets, damaging America's ability to track terrorists, a decision that he had no right to...
(959) Comments | Posted November 3, 2013 | 10:46 PM
The more complex a system is, the more it is at risk of failing in complex ways that were not anticipated by its architects. It would be hard to imagine a more complicated way of expanding health coverage than the Affordable Care Act.
I say that, appreciating that Obamacare will...
(312) Comments | Posted October 27, 2013 | 11:22 PM
I.
November 5, 2014 -
Congress remained divided as a result of yesterday's election. The Democrats lost three seats in the Senate, but managed to hang onto control by a margin of 52 to 48, counting the two independents who caucus with the Democrats. They picked up eight seats in...
(1429) Comments | Posted October 20, 2013 | 11:31 PM
America's very rich keep trying to start a movement among college students to blame senior citizens for the sorry state of the economy that kids will inherit. Specifically, the billionaires keep trying to scapegoat Social Security.
This is part of the public relations effort to create a "grand bargain" to...
(812) Comments | Posted October 14, 2013 | 1:06 PM
To: House Republican Caucus
From: House Majority Leader Eric Cantor
Re: Why We Will Come Out Ahead
Very Confidential
Dear Colleagues,
I know it looks just terrible for us right now. Our caucus is badly split, we are getting killed in the polls, we have had to drop...
(1408) Comments | Posted October 6, 2013 | 11:22 PM
It's beginning to look as if the Republican effort to hold the rest of the government hostage for the sacking of the Affordable Care Act just might backfire, big time. For starters, the effort has elicited something long missing on the part of this president -- some spine.
Ever since...
(201) Comments | Posted September 30, 2013 | 11:18 AM
We already know the next two acts of this drama. The Senate will refuse to accept the latest disingenuous House offer of allowing temporary government funding in exchange for a one-year delay in implementation of the Affordable Care Act. Barring a miracle, the government will then be forced to cease...
(1515) Comments | Posted September 22, 2013 | 11:33 PM
Now it gets really interesting.
Republicans in the House are determined to shut down the government, by holding defunding of Obamacare hostage for continued funding of the rest of the budget. In past budget negotiations, Obama has often been too quick to fold a strong hand.
But this time, the...
(154) Comments | Posted September 15, 2013 | 11:30 PM
Larry Summers is out. But who is in?
On Sunday afternoon, Administration sources leaked to the Wall Street Journal an exchange of letters between Summers and President Obama.
Summers wrote: "I have reluctantly concluded that any possible confirmation process for me would be acrimonious and would not...
(399) Comments | Posted September 8, 2013 | 11:36 PM
For decades, you could always count on the Federal Reserve to pull the plug on prosperity too soon, seeing ghosts of inflation everywhere. The Fed, responsive as it was to creditors, preferred a dose of recession to any sort of price pressures, especially wage increases.
That changed with the regimes...
(300) Comments | Posted September 1, 2013 | 11:26 PM
A happy Labor Day to all -- a day for a last summer outing to the beach, a three-day weekend to shop the sales, or maybe just a day to stay home and get ready for the school year.
And, oh yeah, a day to honor working people.
As this...
(312) Comments | Posted August 18, 2013 | 11:24 PM
The New York Times had a terrific Sunday article on a new waste-to-energy technology that could convert massive quantities of trash into synthetic natural gas. This technology, from isn't perfect -- the product is still a carbon fuel. But unlike hydro-fracking, it doesn't destroy land and water supplies...
(1238) Comments | Posted August 11, 2013 | 11:30 PM
Do you think the damage from the pending bankruptcy of the city of Detroit will be limited to Detroit? Think again.
Detroit is partly the victim of economic trends far beyond its control, the downsizing and outsourcing of the auto industry and the collapse of the sub-prime bubble, to name...
(787) Comments | Posted August 4, 2013 | 11:24 PM
The latest figures on the economy make it all too clear that we are stuck in a feeble recovery that could go on for several years to come. Growth was only 1.4 percent in the first half of 2013, and the economy is still creating too few jobs to increase...
(293) Comments | Posted July 28, 2013 | 11:24 PM
What a difference a week makes. A week ago, a carefully orchestrated series of leaks signaled that President Obama was on the verge of naming Larry Summers to succeed Ben Bernanke as chair of the Federal Reserve. Those leaks came from senior administration officials, including Obama himself. Now, a massive...
(11) Comments | Posted December 15, 2013 | 10:52 PM