Robert Kuttner

Robert Kuttner

Robert Kuttner is co-founder and co-editor of The American Prospect magazine, as well as a Distinguished Senior Fellow of the think tank Demos. He was a longtime columnist for Business Week, and continues to write columns in the Boston Globe and Huffington Post. He is the author of A Presidency in Peril: The Inside Story of Obama's Promise, Wall Street's Power, and the Struggle to Control our Economic Future, Obama's Challenge, and other books.

Articles by this author

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Monday, March 21, 2011
Brown Shoots: Obama's Missed Opportunities for Economic Change
As spring dawns, the economy's green shoots have been trampled once again, first by the economic fallout from Japan's tsunami, and again by rising worldwide commodity prices. The disruption of Japan's production revealed the soft underbelly of globalization -- the reliance on vulnerable global supply chains only as strong as their weakest link. Rising food and energy prices produce a toxic stew of inflation and unemployment.
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Monday, January 31, 2011
Where's the Protest at Home?
On Saturday, I crossed paths with a few hundred protesters marching from Cambridge to Boston to call for the resignation of Egyptian President Mubarak. By appearance, they were a mixture of Arab-Americans, locals, and people from assorted other backgrounds.
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Monday, January 10, 2011
Zero Hour for Social Security
As I have previously warned--and I hope I'm wrong--President Obama seems on the verge of needlessly cutting America's most valued social program and the one that best differentiates Republicans from Democrats. This is part of a vain effort to appease deficit hawks in his own party and on Wall Street, as well as Republicans who are utter hypocrites when it comes to deficits--increasing them as long as the purpose is tax cuts but then turning around and demanding program cuts in order to reduce the deficits they
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Monday, November 29, 2010
Backbone, Please
If anything is more overrated than bipartisanship, it is post-partisanship. The Republicans surely get this. They dig in their heels, don't budge, and wait for the Democrats either to fail, or to come to them. But the media are infatuated with the idea that excessive partisanship is a symmetrical problem. If only the Republicans and the Democrats would meet each other halfway, the nation's ills would be solved. It is hard to watch the Sunday talk shows without seeing one interviewer after another demanding, why can't you people just compromise?
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Tuesday, November 23, 2010
A Perverse Austerity Plan
The unemployment rate remains stuck at close to 10 percent. Meanwhile, despite low interest rates, banks are reluctant to lend and businesses are hesitant to invest. Mortgage foreclosures keep rising and real estate values falling. And with the federal stimulus petering out, state budgets anticipate more service cuts and layoffs. Yet to read the newspapers and watch TV news and talk shows, you would think the top menace facing the country is the projected federal budget deficit in 2020.
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Monday, November 22, 2010
Saving Progressivism From Obama
What's the worst case, and the best case, that we can imagine for the next two years? Let's look at the economics first. Republicans and the White House both seem determined to make the recession worse by reducing the budget deficit long before the economy is in recovery. The deficit commission's two co-chairs have proposed that the cuts begin in October 2011, when unemployment is still expected to be at least nine percent. The economy needs a massive fiscal jolt, and instead is likely to get austerity.
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Monday, November 15, 2010
What Planet Are Deficit Hawks Living on?
To read the papers and watch TV news during the past week, you would think that the most dire problem afflicting Americans was the federal deficit in 2020 or 2030. But for most people, the crisis right now is lost income, lost jobs, lost homes.
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Monday, November 08, 2010
Time for Team B - And a Movement
In the 1970s, the CIA appointed a "Team B" to challenge prevailing assumptions about national security. Since then, there have been other Team B exercises to question prevailing views.
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Friday, November 05, 2010
Cheap Money Won’t Fix This Economy
The Federal Reserve is responding to the stubborn economic slump by creating more money. The central bank will purchase $600 billion in Treasury bonds, in an attempt to drive interest rates even lower. Is this a good idea? Alas, it's the only tool readily available. But even supporters of the strategy don't think it will accomplish much, and might cause some harm. The problem is that cheap money doesn't work very well in an economy such as this one.
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Monday, October 11, 2010
Obama Calls the Question on Geithner
By pocket-vetoing the bill that sailed through Congress to expedite mortgage foreclosures, President Obama may have begun a chain reaction that will blow up Treasury Secretary Tim Geithner's confidence game with the banks. Let me explain.
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