Economics

Ed Schultz: the Buffet-Reagan Rule

Ed Schultz: the Buffet-Reagan Rule

Progressives are hoping that if Republicans won’t listen to President Obama on the Buffett Rule, then maybe they’ll listen to President Reagan. The Center for American Progress unearthed video of Reagan making the case in 1985 for closing tax loopholes on the rich in strikingly similar terms to Obama, even leading an audience to cheers […]

Elizabeth Warren on the state of the economy

Elizabeth Warren on the state of the economy

Democratic Senate candidate, Elizabeth Warren, sat down with Today’s Savannah Guthrie and discussed Ronald Reagan’s famous campaign question regarding whether Americans were better off in the present than they were four years ago and how that same question is answered today. When asked about Mitt Romney, Warren replied: “The way I look at this is […]

Adding to the deficit – G.W. Bush vs. Obama

Adding to the deficit – G.W. Bush vs. Obama

Thanks to the Center on Budget and Policy Priorities and Ezra Klein of the Washington Post, MSNBC, Bloom and Wonkblog, we now have a great chart explaining Pres. G.W. Bush and Pres. Obama and their role in the creation of America’s budget deficit. When Obama first took office he inherited a $10.5 trillion dollar debt […]