Exposing once again Congress's inability to function as one of the three pillars of government, the budget deal struck by Rep. Paul Ryan (R-Wis.) and Sen. Patty Murray (D-Wash.) solves no pressing national problems.
Economy & Budget
The UFCW charges that Wal-Mart workers aren’t paid enough, and if only they were able to take dues payments out of each worker’s paycheck, they could drive those wages upward.
Contrast Volkswagen’s response to that of Tesla Motors, which manufactures electric cars for the wealthy and mega-wealthy and is heavily subsidized by the state and federal governments.
In the maelstrom of the shutdown, a debt-ceiling suicide attempt and the cutting off of nutrition support for poor people by the Congress, it's clear that America's political class has unbounded belief in national stability.
For some unfathomable reason, the far right has declared war against the poor and hungry.
This Friday, Nov. 1, America will learn the latest monthly jobs report news, which will not be good due to the Republican-caused government shutdown.
This Friday, the poorest Americans will learn that their hunger will worsen because their food stamps will be cut unless Congress and the president act.
Bipartisan talks to set short- and long-term spending limits should include a substantial job program that would be effective immediately. The immediate crisis in America is jobs, not deficits, which are declining.
Tax reform is likely to be one of the hot-button topics in the months ahead as politicians on both sides of the aisle grapple with how to make the federal income tax system flatter, fairer and less complicated.
The tax code itself has been altered, fixed, reformed, flattened, expanded and criticized since it was created in 1913 by constitutional amendment. Now it just may be time to get rid of the income tax altogether as a failed, progressive experiment.
Ernest Hemingway said write one true sentence. Here I write two.
The first is widely known. The recent fiasco increases the odds Democrats can win back control of the House and keep control of the Senate.
The second true sentence is the big secret which you read here first: the Tea Party won a great economic victory in the shutdown battle by forcing President Obama and Democrats to accept more than $70 billion of spending cuts and forcing them to accept continuation of the budget cuts of the sequester.
The latest offer from those I have called Banana Republicans would keep the government shut down and threaten again to default the nation and crash world markets in a few weeks unless Republicans get their way.
This is financial terrorism, pure and simple.