Larry Summers and the Crisis of Economic Orthodoxy Larry Summers and the Crisis of Economic Orthodoxy
The establishment’s repeated failures are creating room for heterodox ideas.
Jun 16, 2023 / Jeet Heer
Next Time, Dammit, Just Default Next Time, Dammit, Just Default
Democrats feared a monster called “default”—but it’s just another Washington scare story.
Jun 9, 2023 / James K. Galbraith for The Nation
Congress Is Sticking Students With the Check Congress Is Sticking Students With the Check
The recent debt agreement will abolish the pandemic-era pause on student debt repayments—hitting the youngest generation of voters the hardest.
Jun 6, 2023 / Chris Lehmann
Once More, the Washington Debt Ceiling Ritual Ends in a Lousy Deal Once More, the Washington Debt Ceiling Ritual Ends in a Lousy Deal
What cuts there are come in all the wrong places.
Jun 5, 2023 / Katrina vanden Heuvel
Here’s Why Principled Progressives Opposed a Cruel and Destructive Debt Ceiling Deal Here’s Why Principled Progressives Opposed a Cruel and Destructive Debt Ceiling Deal
These Democrats defied their president and their party leaders to vote against a deal that harms families, the poor, and the environment.
Jun 2, 2023 / John Nichols
Democrats Settled for a Raw Deal Democrats Settled for a Raw Deal
Biden’s concession to the House Freedom Caucus on the debt ceiling is nothing to celebrate.
May 31, 2023 / Chris Lehmann
There’s Never a Debt Ceiling for the Military-Industrial Complex There’s Never a Debt Ceiling for the Military-Industrial Complex
While the Biden-McCarthy deal denies food to hungry people, it increases Pentagon spending by tens of billions.
May 31, 2023 / John Nichols
The Reagan-Era Roots of Democratic Budget Appeasement The Reagan-Era Roots of Democratic Budget Appeasement
How the Center on Budget Policy and Priorities has conducted budget negotiations in a defensive crouch
May 24, 2023 / Max Moran
Can the British Labour Party Win Power Without a Left Wing? Can the British Labour Party Win Power Without a Left Wing?
Despite being far ahead of the ruling Conservatives in the polls, Labour’s leadership seems determined to purge its way to electability.
May 24, 2023 / Rachel Shabi
More “Dangerous Nonsense” From “The New York Times” on the Debt Ceiling More “Dangerous Nonsense” From “The New York Times” on the Debt Ceiling
There are multiple legal pathways to resolve the current debt “crisis.” Having the president and House speaker agree on spending cuts to programs already approved by Congress is no...
May 18, 2023 / James K. Galbraith