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via Carrie Budoff Brown and Seung Min Kim, Politico President Barack Obama’s embrace of same-sex marriage was viewed for so long as such a risky move that operatives in both parties expected it to drop like a bomb, handing Republicans a powerful wedge issue in an election year. Instead, it’s landed like a feather. Top … Continue reading
via Lucia Graves, The Huffington Post The federal government could save as much $13.7 billion annually if it were to legalize marijuana, according to a paper by Harvard economist Jeffrey Miron. More than half of the savings, $7.7 billion, would come from not having to enforce the current prohibitions against the drug, while an additional … Continue reading
via Editorial Board, Chicago Tribune When the U.S. was in recession three decades ago, middle-aged industrial workers were the biggest losers. The most recent recession and hesitant recovery, though, has hammered the young, as the government’s disappointing monthly employment report showed again last week. For many of America’s younger workers, opportunity is scarce and financial … Continue reading
via Eric Jaffe, The Atlantic Late last week [The Atlantic’s] Richard Florida wondered on Twitter whether pedestrian walking speeds might indicate a city’s economic activity — reflecting some sort of “urban metabolism,” as he put it. Turns out there’s a rather long history of research into the speed of walking in cities, and that the … Continue reading
via Steven Rattner, The New York Times New statistics show an ever-more-startling divergence between the fortunes of the wealthy and everybody else — and the desperate need to address this wrenching problem. Even in a country that sometimes seems inured to income inequality, these takeaways are truly stunning. In 2010, as the nation continued to … Continue reading
via David Allyn, Chicago Tribune We seem to be living in a time warp. Conservatives are denouncing not just abortion, but birth control. There was the Rush Limbaugh “slut” episode. Actor Kirk Cameron called homosexuality “unnatural,” “detrimental” and “ultimately destructive.” Meanwhile, Rick Santorum sees Satan lurking in America’s bedrooms. At first blush, such backwardness might … Continue reading
via Tom Watkins, CNN A bipartisan group of lawmakers in Washington State voted Wednesday in favor of a bill that would legalize same-sex marriage, putting Washington on the path toward becoming the seventh state in the nation to legalize marriage for gay and lesbian couples. “With today’s vote, we tell the nation that Washington state … Continue reading
via Paul Krugman, The New York Times “And greed — you mark my words — will not only save Teldar Paper, but that other malfunctioning corporation called the U.S.A.” That’s how the fictional Gordon Gekko finished his famous “Greed is good” speech in the 1987 film “Wall Street.” In the movie, Gekko got his comeuppance. … Continue reading
via Kate Sosin, Windy City Times In a move shocking LGBT rights groups in Illinois, Springfield’s city government has voted not to extend health benefits to civil union spouses. The Joint Labor/Management Health Care Committee, a Springfield committee comprised of staffers from various city positions as well as retirees, voted to keep its current eligibility … Continue reading
via Monica Hesse, The Washington Post The scent inside this squat federal building is not fir or cinnamon, but it does have its own particular holiday aroma: cardboard Priority Mail envelopes and packing tape. Christmas at the post office. Possibly the one time of year when everybody still makes a pilgrimage here. Over a lunch … Continue reading
via Travis Waldron, ThinkProgress House Republicans took the government to the brink of shutdown last spring by demanding across-the-board budget cuts to many vital programs. Instead of focusing on job creation, as Americans wanted them to, the GOP turned its attention to slashing funds for programs that funded assistance for women and children, local law … Continue reading
Aging and Healthcare: via Peter G. Peterson Foundation
Debt Overview: via Peter G. Peterson Foundation
Investments: via Peter G. Peterson Foundation
Defense: via Peter G. Peterson Foundation
Interest: via Peter G. Peterson Foundation
Effects On The Economy: via Peter G. Peterson Foundation
Addressing the Problem: via Peter G. Peterson Foundation
President Barack Obama is back in the good graces of progressives. For now. Hours after Obama delivered a fiery speech demanding that the wealthiest Americans “pay their fair share” in taxes as part of his $4 trillion deficit-reduction plan, MoveOn.org launched a new television ad on Monday hammering in the president’s message and ripping Republicans … Continue reading
Google Chairman Eric Schmidt called on Washington to think big about solutions for the nation’s struggling economy calling the current emphasis on cutting spending instead of new stimulus “ludicrous.” The economy would need “not just something like the jobs bill, but also significant government stimulation in terms of buying power and investment,” said Schmidt on … Continue reading
House Republican leaders came out against nearly all the major proposals in President Obama’s $447 billion job-creation plan Friday, including his middle-class tax cuts and his approach to federal spending on transportation and school construction. In a memo to all House Republicans, the GOP leaders said cutting payroll taxes through 2012 would lead to a … Continue reading
President Barack Obama will take to the Rose Garden on Monday to make a pitch for his jobs creation plan and announce he is sending it to Congress later that evening, the White House said. Obama will be joined by teachers, veterans, small-business owners and others who would benefit from the American Jobs Act’s passage, … Continue reading
The Obama administration is seeking to broaden access to a two-year-old refinancing program that has helped far fewer homeowners take advantage of low interest rates than initially expected. President Obama announced the effort Thursday night as part of his package of measures to spur job creation, saying it would help “responsible homeowners” by reducing their … Continue reading
The United States Postal Service has long lived on the financial edge, but it has never been as close to the precipice as it is today: the agency is so low on cash that it will not be able to make a $5.5 billion payment due this month and may have to shut down entirely … Continue reading
On a bright spring day in a wisteria-bedecked courtyard full of earnest, if half-drunk, conference attendees, we were commiserating with a fellow journalist about all the jobs we knew of that were going unfilled, being absorbed or handled “on the side.” It was tough for all concerned, but necessary—you know, doing more with less. “Ah,” he … Continue reading
The Brandt Standard 