TIME’s Rana Foroohar explains the spending cuts that go into effect on March 1st and whether they can be averted.
My head is filled to bursting with the great Hold Steady song: Subpoened in Texas, Sequestered in Memphis. It’s far more fun than the current idiotic man-made crisis over the sequester in DC. I’ve been ignoring this “crisis,” assuming that they’ll cut some sort of last minute deal, as they always do.
Both sides have found silver linings in letting the cuts kick in: Democrats can blame the Republicans for their intransigence, and Republicans can say they slashed government spending.
There is a single chart — three colored lines on a grid — that shapes the political reality of this country
Is immigration a drain on the welfare state? Does immigration help the economy grow? Does immigration reduce wages for native-born Americans? Christopher Matthews examines the big questions concerning the economics of immigration.
Obama’s nominee for Treasury Secretary has a passionate, progressive core underneath a nerdy exterior.
So you want to know what happens next? Don’t we all.
I happen to work in an industry built upon two things: reliable reporting about what has happened, and unreliable projections about what might happen in the future. It’s not that the projections are always wrong. It’s just that you would be a fool to believe that they are …
The October jobs report is big news for presidential politics. But not in the way you might think.
Barack Obama’s re-election effort once looked to be a tug-of-war between two powerful political forces: the magnetism of a charismatic incumbent vs. the drain of a slow economic recovery. But a month before Election Day, the …
Today the US Census Bureau announced that the nation’s poverty rate remained at 15% in 2011 after increasing each of the previous three year. President Obama and Mitt Romney both responded via online video messages.
It’s well known that Barack Obama stocked his Administration with Bill Clinton’s people, including his extremely Clintonesque Secretary of State and all three chiefs of staff as well as most of his top economists and dozens …
There’s a bit of a panic raging in the conservative commentariat today with twin columns from the Weekly Standard‘s Bill Kristol and the Wall Street Journal‘s editorial board urging Mitt Romney to correct his course. President …