All Clinton, All The Time
'Crony Capitalism' Switches Parties
The Republican catchphrase of the moment is "crony capitalism." This is odd, because Republicans don't usually like to disparage capitalism in any form. Nonetheless, House Speaker John Boehner, in his jobs speech today, complained that "entrepreneurs and job creators" have been "undercut by a government that favors crony capitalism." READ MORE >>
Boehner's Jobs Speech, Part Two
More from House Speaker John Boehner's jobs speech to the Economic Club of Washington: "I’m not opposed to responsible spending to repair and improve infrastructure. But if we want to do it in a way that truly supports long-term economic growth and job creation, let’s link the next highway bill to an expansion of American-made energy production. READ MORE >>
Boehner's Jobs Speech, Part One
From House Speaker John Boehner's jobs speech today at the Economic Club of Washington: "[If] you talk to anybody outside of Washington who has to meet a payroll, they’ll tell you that out-of-control spending in Washington is one of the things that concerns them the most about our future. READ MORE >>
A Purity Ring For Bambi
Elizabeth Warren vs. GE
Ohio Revisionism
When I said I share most of Jon Chait's politics, I didn't mean I share his crotchets, too. I have crotchets of my own, thank you very much. I thought that would be self-evident, but I keep seeing comments expressing dismay or wonder at how I differ from the guy. I'm not Chait, okay? READ MORE >>
Brooks Brothers Bolshevism
If you want to read a radical critique of twenty-first century American capitalism, skip the Daily Worker and go straight to Wall Street. A 2005 report by three Citigroup analysts coined the term “plutonomy” to describe an economy in which only the rich matter. In a follow-up report (cited in Don Peck’s excellent new book, Pinched), the analysts explained that the United States was “powered by the wealthy, who aggrandized larger chunks of the economy to themselves.” READ MORE >>
