The Great Debate

Think everything on a dollar menu costs a dollar? Think again.

By Peter Van Buren
August 1, 2014

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How expensive are those everyday low prices? How much do things really cost on that fast-food restaurant’s dollar menu? The answer is more than you think, but maybe not for the reason you think.

What Hollande can learn from Queen of Hearts

By Gary Regenstreif
May 21, 2013

French President Francois Hollande’s predicament is, oddly enough, akin to one Alice faced in Lewis Carroll’s 19th century classic.

Examine inequality’s causes before prescribing solutions

By Nick Gillespie
December 19, 2012

Fear and loathing of income inequality is both totally understandable and ultimately misplaced.

A mandate to help the middle class

By John Podesta
November 26, 2012

The focus in Washington has now shifted to the fiscal cliff, with the White House and Congress, particularly the House Republicans, staking out negotiating positions on the expiring Bush tax cuts and the looming budget sequester.

Obama’s mandate: tax increase on rich

By Drew Lieberman and Andrew Baumann
November 16, 2012

Republican leaders such as Grover Norquist and Senate Minority Leader Mitch McConnell (R-Ky.) continue to strike a hard line on taxes and revenues, “warning” President Barack Obama that the GOP will not negotiate or compromise when it comes to tax policy and deficit reduction.

The economy needs a ‘unity Cabinet’

By David M. Walker
November 14, 2012

The election left us with a status quo political lineup, one that failed to make any meaningful fiscal progress over the past two years. So is it realistic to expect that we can avoid the fiscal cliff and achieve some sort of “grand bargain”? Yes, it is possible, and here is how to do it:

Obama should raise taxes on the middle class

By David Callahan
November 8, 2012

It won’t be easy for President Obama to do big things in his second term, with Congress still divided. Yet one legacy-caliber goal is easily within reach: Obama can restore fiscal balance without deep spending cuts by doing, well, nothing. By simply letting the Bush tax cuts expire at the end of this year, for everyone, and vetoing all future tax cuts, the president would leave office in four years with America’s fiscal house largely in order while ensuring a strong federal government for years to come.

The GOP and voter anger

By Mike Males
October 4, 2012

President Barack Obama’s lackluster, let’s-work-together performance in Wednesday night’s presidential debate stoked the fears of his liberal backers that Democrats simply won’t fight for them the way Republicans relentlessly battle for their wealthier, aging, corporate constituents.

Tax reform does not guarantee growth

By David Callahan
September 28, 2012

One of the few thin­gs that President Obama and Mitt Romney are likely to agree on when they debate next week is the need for tax reform. Both candidates have backed streamlining America’s crazy-quilt tax code, and both have said that reforms could boost economic growth. Meanwhile, two key congressional committees held a rare bipartisan hearing last week – with lawmakers from both parties saying that tax reform is needed to rev up the economy.

Why Romney can’t defend capitalism

By Nicholas Wapshott
July 31, 2012

When Fox News worries out loud that Mitt Romney’s failure to account for his time at Bain and his personal tax affairs may represent his Swiftboat moment, it is plain the Republican presidential bid has careened offtrack. The Bain attacks are “part of a strategy by Team Obama to turn Romney’s biggest perceived strength – his business experience – into his biggest weakness,” writes Fox’s Juan Williams. “Romney needs to come clean or his hopes of being president will end long before Election Day.”