Robert Kuttner is co-founder and co-editor of The American Prospect magazine, as well as a Demos Distinguished Senior Fellow. He was a longtime columnist for BusinessWeek, and continues to write columns in the Boston Globe.
Submitted by Robert Kuttner on Thu, 03/21/2013 - 14:39
The Cyprus banking crisis presents, in microcosm, everything that is perverse about the European leaders’ response to the continuing financial collapse. And bravo to the Cypriot Parliament for rejecting the EU’s insane demand to condition a bank bailout on a large tax on small depositors.
Submitted by Robert Kuttner on Thu, 03/21/2013 - 14:39
AP Photo/Petros Karadjias
The Cyprus banking crisis presents, in microcosm, everything that is perverse about the European leaders’ response to the continuing financial collapse. And bravo to the Cypriot Parliament for rejecting the EU’s insane demand to condition a bank bailout on a large tax on small depositors.
Submitted by Robert Kuttner on Mon, 03/18/2013 - 02:35
I will start drawing Social Security next month. I think I've earned it. On the other hand, I have to admit that society has been good to my generation.
I was able to graduate from a good private college with no debt. Four years at Oberlin cost $10,000 -- tuition, room, board, books, fees. Not $10,000 a year -- but for four years.
My wife and I were able to buy our first home when housing was relatively cheap, and we accumulated net worth without lifting a finger, as housing values appreciated.
Submitted by Robert Kuttner on Fri, 03/15/2013 - 14:56
When President Obama got Republicans to raise taxes on the top one percent of income earners as part of the January deal that ended the threat of the fiscal cliff, some Democrats gloated that Republicans had been made to go back on the famous Grover Norquist pledge never to raise taxes. It appeared that Obama, fresh from his November victory and taking advantage of Republicans’ divisions, had won big.
Submitted by Robert Kuttner on Mon, 03/11/2013 - 02:19
President Obama has been meeting with small groups of Republican senators and representatives in an effort to reduce the damage of the so-called sequester -- the $85 billion in automatic budget cuts that took effect March 1. But these meetings, if successful, are likely to lead to greater economic and political damage, in the form of a "grand bargain" to cut Social Security and Medicare in exchange for some reductions in tax preferences.
Submitted by Robert Kuttner on Fri, 03/08/2013 - 13:20
Long before we thought of founding The American Prospect in 1989, I came to know Paul Starr through a prescient article titled “Passive Intervention.” The piece was published in 1979, in a now-defunct journal, Working Papers for a New Society.
Submitted by Robert Kuttner on Tue, 03/05/2013 - 19:22
flickr/Penn State news
President Obama gambled that the threat of the automatic sequester of $85 billion in domestic and defense cuts would force the Republicans to accept major tax increases, and so far he is losing the wager. The Republican leadership, which was badly divided over the New Year’s deal that delayed the fiscal cliff, is now re-united around the proposition that Republicans will accept no further tax increases.