In 2008, I found myself in the Crystal City office of Doug Holtz-Eakin, the top economic adviser to Republican presidential nominee John McCain. When talk turned to Social Security, he said a version of what just about every serious fiscal analyst says these days: This is not that hard of a nut to crack. Sure [...]
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Plenty of people, not least the ones affiliated with the Romney campaign, are insisting that Rick Perry rendered himself all but unelectable last night by repeating his harsh view of Social Security, which he called a “Ponzi scheme” and “a monstrous lie” to young Americans. I’m not so sure.
Governor Rick “Galileo” Perry declared at the Reagan Library last night that President Obama and his 2009 stimulus have “proven once and for all that government spending will not create one job.” Actually, in the last quarter, even though the stimulus was winding down, it created 555,029 jobs directly, and according to the nonpartisan Congressional [...]
It is now a two-man race, with an asterisk. Everyone seems to agree that last night’s Republican debate devolved into a spitting contest between Mitt Romney and Rick Perry. Those who live on Planet Earth will believe that Romney won the debate; those who live on Planet Tea Party will favor Perry, with a slight [...]
The political year is sort of like the school year, only longer and more depressing. Both begin–after a summer recess–in September. Barack Obama will begin his new semester tonight, with his jobs speech. This is a curious moment for the President and last Sunday, the New York Times took a look at the two sides [...]
Nobody’s going to notice this, because nobody’s going bankrupt, but the Obama administration just approved a conditional commitment for the largest residential solar project in history, an effort to install photovoltaic panels on up to 160,000 rooftops at 124 military bases in 33 states. With its $344 million federal loan guarantee, the SolarStrong Project will [...]
The five biggest mortgage servicers have cancelled a planned negotiating session with representatives of the 50 State Attorneys General in apparent protest over a federal regulator filing suit against them, a source familiar with the matter tells TIME.
Obama to dub $300 billion stimulus plan “The American Jobs Act” in tonight’s speech before Congress. David Leonhardt sees a trend toward double dip in the data. Here’s what to read if you missed last night’s debate. Camp Romney declares all out war on Perry over Social Security.
0 minutes. Presidential debates come and go. But tonight’s GOP debate, the fourth in a series too numerous to bear, is a special treat. “We are all gathered under the wings of Air Force One,” says NBC’s Brian Williams, referring to the great phallus of American presidential might that sits in the hangar at the [...]
