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President Obama Signs Lilly Ledbetter Fair Pay Act
January 29, 2009
The Center for American Progress thanks President Obama for signing and Congress for passing the Lilly Ledbetter Fair Pay Act. “It is a wonderful sign of President Obama’s commitment to women’s...
Scott Lilly Scott Lilly is a Senior Fellow at American Progress who writes and researches in a wide range of areas including governance, federal budgeting, national security, and the economy. He joined the Center...
A Presentation on the American Recovery and Reinvestment Act
July 31, 2009
Scott Lilly at Ohio Wesleyan University
RELEASE: President Obama Signs Lilly Ledbetter Fair Pay Act
January 29, 2009
January 29, 2009 WASHINGTON, DC—The Center for American Progress thanks President Obama for signing and Congress for passing the Lilly Ledbetter Fair Pay Act. “It is a wonderful sign of President...
Whose Economic Problem Is It?
July 23, 2009
It is no small irony that those who are complaining the loudest about the length of time it takes to see the results of economic stimulus were standing shoulder to shoulder with President George W. Bush...
Stimulative Action
January 16, 2009
During the 1930s, John Maynard Keynes wrote that the health of the economy could be restored “if the Treasury were to fill old bottles with bank-notes, bury them at suitable depths in disused coal-mines,”...
Supply Side Madness
February 17, 2009
If it weren’t so painful it would be downright hilarious. There is a seemingly endless procession of former free market proselytizers, including captains of industry, banking, and finance, trudging...
Bush Attempts to Strengthen His Weak Dollar
June 12, 2008
The demise of the dollar over the past seven years has been remarkable. On the day George W. Bush was inaugurated in 2001 Americans could buy a euro for $0.93. Earlier this week, after the president, the...
Pumping Life Back into the U.S. Economy: Why a Stimulus Package Must Be Big and Targeted
January 6, 2009
Why a Stimulus Package Must Be Big and Targeted
More Spending Is Necessary to Clean Up The Economic Mess
October 7, 2009
The Labor Department’s September jobs report can only be described as horrific. The media and markets focused on the fact that the 263,000 jobs lost in September exceeded the forecast by nearly 100,000....
Understanding Bushonomics: How We Got Into This Mess in the First Place
August 4, 2008
How We Got Into This Mess in the First Place
How Sound Is the Economy?
September 16, 2008
When Bank of America, the largest commercial bank in the United States, agreed on Monday morning to buy the beleaguered brokerage firm Merrill Lynch Co. for less than a fifth of the price the firm traded...
A Bad Time to Roll the Dice
September 26, 2008
There is no one I know of in the government who relishes the opportunity to commit $700 billion in taxpayer money to the nation’s failing financial system. There are probably only slight degrees...
There’s a Bear in the Woods!
August 12, 2008
Since the Vietnam War, conservatives in the United States have pummeled moderates and progressives on the issue of national security. In one dispute after another, they have fashioned themselves as Winston...
Arts Bashing
February 6, 2009
As Senator Richard Durbin (D-IL) pointed out on the Senate floor yesterday, nearly all of the objections to the pending stimulus package are directed at a small number of programs that make up a fraction...
Reckless Management of U.S. Interests in the Caucasus
August 19, 2008
The politics of the isthmus between the Black and Caspian Seas has been even rougher than its topography since the beginning of recorded history. It is a place where empires collide and aspirations for...
The Elephant in the Room
February 10, 2009
Critics of President Obama’s economic recovery plan have argued that the proposal is not stimulative enough. Two weeks ago Senator Susan Collins (R-ME) claimed that the package, “includes spending...
Should We Be Grateful to China for Buying U.S. Treasuries?
April 1, 2009
Read the full report (pdf) Download the executive summary (pdf) The current economic relationship between the United States and China is perilous for both countries. The nature of that peril is quite different...
Selective Keynesians
February 3, 2009
Amity Shale’s column “FDR Was a Great Leader, But…,” in Sunday’s Washington Post , is only the latest of many recent conservative pieces[ 1 ] arguing that the New Deal proves...
Subprime Policies: New Ideas to Tackle the Mortgage Mess
March 26, 2008
Read the full report (pdf) The precipitous collapse of Bear Stearns Cos., Wall Street’s fifth-largest investment bank and one that had prospered through 85 years of turbulent markets, makes it clear...