If nothing else, the 2012 Republican presidential contest has forced GOP White House hopefuls to run a gauntlet of ever more draconian pledges demanded by party purists. At the top of the list is the Grover Norquist's Taxpayer Protection Pledge, which demands candidates "solemnly bind themselves to oppose any and all tax increases." But at […]

Among the things we learned during this week's debt ceiling debacle is that Republicans in general and their Tea Party hardliners in particular don't like to be called "hostage-takers" and "terrorists." While Sarah Palin called Vice President Biden's alleged use of the T-word "appalling," Rep. Jeff Landry (R-LA) suggested it was the Obama administration "who's […]

It was the best of times, it was the worst of times. Just for different groups of Americans. That's the picture emerging from a wave of stories about the depths of the American economic downturn. On the same day The Economist revealed that the U.S. economic contraction beginning in late 2007 was far deeper than […]

In 2008, I gave my money and my vote to Barack Obama. With somewhat less enthusiasm, I'll do the same in 2012. But on this his 50th birthday, it's time for a gift the President could really use. After his latest capitulation to Republicans in this week's debt ceiling debacle, the presents would include a […]

If nothing else, the debt ceiling crisis provided what Barack Obama is so fond of calling a "teachable moment." Hopefully, that extends to the President himself. After seeing his nominees blocked, his legislation filibustered and popular upper-income tax increases delayed by Republicans who withheld their support from his watered down stimulus and health care programs, […]

In the wake of the debt ceiling deal they opposed, Sarah Palin and Michele Bachmann are predictably apoplectic that Vice President Joe Biden allegedly likened Tea Partiers to "terrorists." In that case, they must really be furious with observers like New York Times reporter Joe Nocera and George W. Bush's Treasury Secretary Paul O'Neill who […]

The ink isn't yet dry (or even written) on the 11th hour debt deal, but the media are already doing their usual body count of the victors and vanquished. In the Washington Post, conventional wisdom regurgitation machine Chris Cillizza produced the predictable winners and losers list. While the Wall Street Journal and right-wing columnists proclaim […]