The group blog of The New Republic

April 11, 2014

Overall, income has surpassed 2008. But new data shows incomes for the bottom 20 percent of households are still below peak.

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My colleague Jonathan Cohn has written an excellent analysis of the circumstances surrounding Kathleen Sebelius' resignation, which will be officially announced later today.

I'd like to add a level of abstraction by explaining the timing, and the political ramifications of the decision, which are being badly spun or misinterpreted in unsurprising quarters. 

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April 10, 2014

Don't Be Fooled: The Fed's New Rule Lets Banks Off Easy

The hike in capital requirements isn't nearly enough

The hike in capital requirements isn't nearly enough.

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Unless a popular figure with real stature eventually steps up, the coup threat suffers from an "and then what?!" problem.

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The budget disproportionately balances the budget with cuts to programs for low-income Americans while leaving seniors unscathed.

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Conservatives are prematurely saying their theory is correct, but the data doesn't back them up.

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Some ophthalmologists in South Florida aren't happy about this. The rest of us should be.

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April 9, 2014

We never had footage of Bill and Monica or David Vitter and the madam. Here's what we missed.

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