Ten years ago, George W. Bush was sworn in as America's first MBA President. Now, Mitt Romney wants to be the second. Two years after President Bush completed the worst economic record since Herbert Hoover, Romney the perpetual White House hopeful declared, "I spent my career in the private sector. I know how jobs are […]

Just days after his sneering "so be it" at the prospect of massive job losses which could result from GOP budget policies, House Speaker John Boehner declared public employees have a "machine gun" pointed "at the heads of local officials." That makes Boehner just the latest Republican leader respond to a $175 billion shortfall in […]

Last summer, Moody's economist and former adviser to Republican presidential candidate John McCain Mark Zandi authored a study which concluded that combined federal interventions beginning in the fall of 2008 prevented the Great Recession from becoming Depression 2.0. Now in a new report, Zandi warns that the GOP's plan to slash $61 billion in federal […]

During the debate over the stimulus program in early 2009, Senate Minority Leader Mitch McConnell proposed, "If the money were lent rather than just granted, states would, I think, spend it wisely and the states that didn't need it at all wouldn't take any." Now would be a good time to take him up on […]

As all eyes remained focused on the union-busting face-off in Wisconsin, the Commerce Department on Friday released a revised estimate of U.S. economic growth for the last quarter of 2010. And that downward GDP revision not only shatters prevailing myths about supposedly bloated government spending and payrolls. The numbers confirm once again that budget cutters […]

In just the latest front in the perpetual GOP campaign to divide and conquer, Republicans are trying to get Americans to turn on their neighbors who work for government and unions on each other. Of course, the Republican assault on collective bargaining rights for public employees in Wisconsin, Ohio,

Back in October, Ezra Klein of the Washington Post warned of the "anti-stimulus." That is, the draconian budget cuts and steep layoffw at the state and local level, Klein argued, were more than offsetting the gains from the $787 billion federal stimulus program. Now, a new analysis from the National Bureau of Economic Research - […]

On Sunday, Americans will mark the 100th birthday of Ronald Reagan. But for the conservative movement, the now-decades long hagiography project is reaching a crescendo. While the Gipper's former speechwriter Peggy Noonan today lauded his goodness in the Wall Street Journal Friday, Sarah Palin will kick-off the Young Americans for Freedom three day extravaganza at […]

Appearing on Fox News Sunday, House Speaker John Boehner insisted, "What we have to understand is cutting spending will in fact help create jobs in America." But across the pond in the UK, Boehner's conservative allies are learning a different lesson. While U.S. gross domestic product jumped by 3.2% in the fourth quarter of 2010, […]

This week, House Majority Leader Eric Cantor (R-VA) became the latest Republican to give his party credit for the improving U.S. economy. After the Commerce Department reported American gross domestic product (GDP) jumped by 3.2% in the fourth quarter of 2010, Cantor attributed the gains to the December tax cut deal and supposed Republican fiscal […]