On Monday, Jeb Bush's Wall Street Journal op-ed raised conservative hopes that the former Florida Governor would jump and grab the wheel of the clown car that is the 2012 GOP presidential field. But if Republicans were disappointed when Jeb squelched the nascent "Draft Jeb" movement, the American people should be relieved. After all, the […]

During his presidency and after, George W. Bush was often criticized as the "nobody could have predicted president." After all, from 9/11 and the post-invasion chaos in Iraq to Hurricane Katrina's drowning of New Orleans, the economic calamity of 2008 and so much more, Bush and his team repeatedly claimed "I don't think anybody could […]

With the rise of the Occupy movement and confirmation from the nonpartisan CBO that the U.S. income gap is at its highest level since 1929, defensive conservatives by necessity spawned a thriving if laughable cottage industry in income inequality denialism. Now with word from the New York Times that the share of income for the […]

So the GOP's petulance has come to this. Opposition by House Republicans to any payroll tax cut extension began to fade last week only after President Obama issued a veto threat against a GOP bill tying the continued relief for working Americans to approval of the controversial Keystone XL pipeline project. The difference, Rep, Jeff […]

When House Speaker John Boehner denounced Democratic proposals to fund a payroll tax cut extension through a surtax on millionaires as a "job-killing tax hike on small businesses," he might have wanted to check with some first. As NPR revealed yesterday, the Congressional Republicans they consulted, including in the House and Senate leadership, "were unable […]

When President Obama on Tuesday declared that decades of Republican trickle-down economics "never worked," conservatives were predictably apoplectic. But for all of their protests of "class warfare", "socialism" and worse, Obama was being kind to the Republican ideologues. After all, as the historical record shows, from economic growth and job creation to stock market performance […]

Last year, Republicans successfully waged a scorched-earth campaign to preserve at all costs the Bush tax cuts for the richest two percent of Americans. Back then, Arizona Senator Jon Kyl defended the Treasury-draining, $70 billion a year windfall for the wealthy by proclaiming, "you should never have to offset the cost of a deliberate decision […]

On this the fourth Thanksgiving since the start of the Bush recession, families across America are still struggling with persistently high unemployment, underwater mortgages and stagnant wages. But as the nonpartisan Congressional Budget Office (CBO) reminded us this week, Americans can be thankful for the 2009 stimulus. Despite Republican mythmaking that the American Recovery and […]

In the wake of its clashes with police in cities across the country, some media (for example, here and here) are beginning to question whether the Occupy Wall Street (OWS) movement is becoming counterproductive. But lost in those debates is the undeniable victory of the Occupy movement, or at least this first phase of it. […]

For years, what passes for Republican economic policy has been dominated by "necessary lies," that is, statements which conservative ideology requires to be true despite being demonstrably false. Despite decades of GOP mythmaking, tax cuts don't pay for themselves or increase revenue. Employment and the overall U.S. economy grew faster when America's so-called "job creators" […]