To absorb costs, the province either has to cut services or raise taxes. Maybe both. The gloomy economic reality means that most provincial funds for local projects will dry up after the election while the debt gets tackled. That's more money municipalities have to get from local property owners.
The November 2012 presidential election will most likely be decided on who voters think can get America back to work again. The president must make big bold proposals to reduce unemployment in his speech next week and then follow through.
Hey, man, how ya' doin'? Ok, Barack. Look, we don't' have time to shmooz, we've got some real problems. Look at your approval ratings. You're sink...
I'm the author of three parenting books, am an outspoken advocate of public education reform, plus I have two kids of my own. So when I see children g...
Arianna appeared Wednesday on MSNBC to discuss job creation with Martin Bashir. "What I find amazing is that normally both political parties, you kno...
It took the greatest military alliance in history five months to push the Libyan rebels across the finish line. Nevertheless, Western politicians are claiming victory. Yet the ultimate consequences of allied intervention remain uncertain. While few mourn the demise of "the Colonel," liberal democracy may not result in Libya. Libya was yet another unnecessary war of choice. America would have been more secure had U.S. forces stayed home.
Tea Party played a significant role in the debt limit debate, but how did they gain their leverage? The answer is the failure of the national government over a period of decades to recognize the magnitude of federal deficits and do something about them.
Secretary Panetta's role is to be accountable only to the young men and women who serve us, not to the defense complex.
There is nothing efficient about the policies that conservatives have used to restructure the economy over the last three decades. Progressives can design policies that are every bit as efficient that lead to greater equality in the distribution of before tax income.
The United States government has experienced absolutely no difficulty in borrowing the money needed to cover its short-fall in revenue relative to expenditures.
What do yesterday's east coast earthquake, our infrastructure and antiquated Federal accounting systems have to do with jobs? A lot, it turns out.
Since 1995, every president has had to deliver a salary report of White House employees to Congress and the American people. And at a time when federa...
Congress must not stop focusing on job creation to instead only concentrate on the budget deficit detour while countless Americans are looking for work.
Rick Perry's jab at Ben Bernanke might have been aimed at political motives, but it raises deeper policy puzzles. With fiscal policy off the table and monetary policy under attack, what's left?
Here are seven bold steps the Joint Select Committee on Deficit Reduction should take immediately to save billions and salvage what little remains of our faith in Congress.
Just because we've got the debt ceiling debate behind us doesn't mean we're finished with economic masochism. The president was last seen trying to pivot to a jobs agenda, but the "fiscal consolidation" crowd is never far behind. This bodes ill. What we need right now is an ambitious jobs plan -- and not just on paper but at work in the economy. Meanwhile, we should hold off on the fiscal consolidation and austerity measures for a few years. This won't make any difference to the long-term deficit, but it will certainly make a lot of difference to working families.
Liberals understand that Obama is not going to enact an economic policy by fiat; that something has to actually pass. But all this kowtowing to the need for a long term deficit fix has made the president look like he has been pre-rolled.
The determination to cut Social Security is especially strange given the finances of the program. Under the law, Social Security is financed by the designated Social Security tax. It does not contribute to the deficit.
Americans have been talking a lot lately about needing to save more money, both individually and governmentally. Without getting into the national def...
I cannot find any passage in the Bible that says: "Oh Ye Faithful: The poor shall sacrifice so that the rich may retain their wealth," but that appears to be the fundamental policy of the fundamentalists.
As Americans become more hopeless about their economic futures, they become more passive. And passivity means they don't vote, as is evidenced by progressively declining voter roles since the 1970s.
