Bart Chilton, the colorful, mullet-sporting member of the Commodity Futures Trading Commission (CFTC), resigned this week, after casting a final vote to set position limits, which would regulate the number of commodity trades individual speculators c
JP Morgan gets to write off its $13 bill fine. Thanks to Congress, homeowners don't get to write off the help it provides.
You Thought the Government Shutdown Was Over. You Were Wrong.
October 18, 2013
It was an awful time. Federal employees had to take unpaid furlough days. Beneficiaries were thrown off of federal programs. Courthouses had to be sold.
Walmart Can Solve the Inequality Problem. It Starts With Stickers.
October 07, 2013
And it’ll only cost you $12.50 a year.
The White House Promises it Wasn't Flinching
October 07, 2013
Did the White House just open the door to some kind of short-term increase in the debt limit, perhaps to allow broader negotiations over fiscal priorities? Several media outlets are reporting as much.
How Do Fast-Food Wages Compare to Other Jobs'?
August 01, 2013
Today marks the fourth day in the largest fast-food walkout in U.S. history. One of the strikers’ key demands is a $15 hourly wage, slightly more than double the federal minimum wage of $7.25.
Obama's Corporate Tax Reform Plan Is Short on Details
July 30, 2013
Ah, the rush of having the ear of the President of the United States. A few weeks ago, for the magazine’s package of suggestions for Barack Obama to resuscitate his second term, I wrote the following:
The GOP Is Right About Obama's Economic Speech
July 24, 2013
The Republican National Committee didn’t wait for President Obama to give his big address today before rendering a verdict on it. “Same Speech, Different Day.” And, for a change, they had it exactly right.
The Last Days of Big Law
July 21, 2013
A dispatch from the last days of big law
Erick Erickson, Meet My Wife
May 30, 2013
The truth about female breadwinners.