debt ceiling

Calling the GOP’s Bluff

Jul 6, 2011
Obama's in-your-face attitude seems to have thrown Republicans off their stride. They thought all they had to do was convince everyone that they were crazy enough to force an unthinkable default on the nation's financial obligations. Now they have to wonder whether Obama is crazy enough to let them.

The Dirty Secret of the Jobless Recovery

Jul 3, 2011
Have you ever asked yourself what makes a "jobless recovery" possible? Since the beginning of the recession, American companies have trimmed their staffs and shifted work to remaining employees, largely without increasing pay, and those workers are not reaping the benefits. (more)
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Obama Moves to Resolve Debt Deadlock

Jun 24, 2011
After Republicans bailed on Vice President Joe Biden's deficit talks Thursday, the government once again hit an impasse in resolving the burgeoning debt crisis, but by Friday, President Obama signaled his readiness to enter the fray. Republicans, meanwhile, signaled their ongoing displeasure over talk of tax hikes.

Playing With Default

Jun 6, 2011
The current puppet play in Congress -- where Republicans sponsored a bill to raise the nation's debt ceiling only because they wanted to vote it down -- would be funny, if only they weren't risking economic disaster.