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Is America still a serious nation?

Fri, 22 Apr 2011 00:00:00 -0700

The Week - By Robert Shrum - Apr. 22 (Opinion) - Are Americans still capable of making this country serious? That is the question — the real and fundamental issue — that spans all the bitter debates now raging in Washington, and everywhere in a decidedly unhappy land.

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Arizona's latest immigration idea makes sense

Thu, 08 Jul 2010 00:00:00 -0700

The Week - By Will Wilkinson - Jul. 08 (Opinion) - It's xenophobic and unconstitutional, but Arizona's effort to deny citizenship to the American-born children of illegal immigrants is actually a good idea — for immigrants and natives. The official site of The Week Magazine US edition. The best of the US and international media. Daily coverage of commentary and analysis of the day's events, as well as arts, entertainment, people and gossip, and political cartoons.

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The GOP decline starts Phase Two

Tue, 11 Aug 2009 00:00:00 -0700

The Week - By Robert Shrum - Aug. 11 (Opinion) - Republicans seem to be enjoying their August delirium and perhaps they should. For them, it only gets worse from here as the economy improves and Democrats ride growth—and their enactment of health care reform—into the midterm elections.

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The Republicans' Paranoid Style

Tue, 21 Apr 2009 00:00:00 -0700

The Week - By Robert Shrum - Apr. 21 (Opinion) - What were the protests supposedly about? Taxes and government spending. But in fact, the President's economic program has already cut taxes for 95 percent of Americans—and state and local tax increases would be far steeper without the protestors' other target, the Obama stimulus package, which provides recession-fighting funds to state and local governments.

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The vanishing shopping mall

Tue, 31 Mar 2009 00:00:00 -0700

The Week - Mar. 31 (News Analysis) - Enclosed shopping centers, long the cathedrals of American consumerism, are closing their doors by the hundreds as the recession continues to clobber retail sales. Is America’s love affair with the mall over?

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The crisis -- and Geithner plan -- explained

Thu, 26 Mar 2009 00:00:00 -0700

The Week - By Brad DeLong - Mar. 26 (Opinion) - Q: But at least some economists know how to fix this, right? A: We think so. We recommend four things: (a) The Federal Reserve should purchase Treasury bonds for cash in as large a quantity as needed to push their prices up as high as possible. For if Treasury bonds are expensive, then investors will likely shift some of their demand to mortgage and corporate bonds, push up their prices somewhat; (b) Even after the Federal Reserve has pushed Treasury bond prices as high as they can go, it should keep buying Treasury bonds for cash in the hope that if people's pockets are full of cash, they will spend more of it, and that extra spending will directly pull people out of joblessness and into employment; (c) The government should run big, even extra-big, deficits so that its spending--like the government's wave of spending during World War II, like the wave of spending that followed the Reagan tax cuts of 1981, like Silicon Valley's wave of spending during the late 1990s, like the wave of spending on housing in the 2000s -- will also directly pull people out of joblessness and into employment; and (d) The government should undertake additional measures to boost financial asset prices and thus make it easier for those firms that ought to be expanding and hiring to obtain finance on terms that allow them to expand and hire.

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Is writing for the rich?

Thu, 05 Mar 2009 00:00:00 -0800

The Week - By Francis Wilkinson - Mar. 05 (Opinion) - It’s not obvious how young writers without accommodating, well-to-do parents or a trust from gramps make it these days. Surely they can’t spend a year or two blogging without pay until an audience evolves to nurture them. They’ll starve. Meantime, freelance rates for non-fluff magazine writing have barely risen in the past 15 years. And the chances of getting a job at a quality newspaper or a serious magazine are fast approaching zero.

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End Times for Reaganism

Mon, 27 Oct 2008 00:00:00 -0700

The Week - By Bob Shrum - Oct. 27 (Opinion) - But now McCain is learning the hard way, even if he won’t yet admit it, that the Reagan playbook’s time has come and gone. The old Republican trick was to lie about taxes: Democrats would raise everybody’s and Republicans would cut everybody’s. (In reality, Republican largesse meant the millionaire reaped a windfall while the waitress got pennies and the public debt soared.) McCain has resuscitated that canard, making the case against Obama’s progressive tax policy. But he’ll lose the argument—and the Presidency—because the Republican era of wholesale deregulation and the redistribution of wealth, upward, is over.

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