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, July 18, 2011
The End Game: Saving Obama From Himself
As the debt doomsday of August 2 draws closer, what sort of end-game can we imagine?
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Monday, July 11, 2011
Address the Jobs Crisis, Build a Movement
Does anyone care about the American middle class? The working middle class -- especially its younger members -- now faces a prolonged period of high unemployment, declining wages, and diminished public services. Meanwhile, the cost of things that you need to enter the middle class, like college tuition and affordable health care, keep outstripping paychecks. The housing crisis is somehow stripping asset values from those who do own homes without offering many bargains to aspiring young homebuyers, because banks belatedly have tightened credit requirements.
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Monday, June 20, 2011
If Only Greece Were AIG
Here comes Financial Crisis 2.0. Like its predecessor, it was caused by the banks. The first crisis was the result of banks inventing toxic financial products and then promoting bets on different kinds of securities with borrowed money. When the speculative bubble popped, tens of trillions of dollars in financial and housing assets vanished. At that point, governments and central banks stepped in and rescued the banks. The only thing that suffered was the rest of the economy.
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Thursday, April 07, 2011
Losing a Party's Soul in Budget Fight
Republicans have unveiled drastic budget plans that will either crown their success as radical reformers — or prove a huge misreading of public opinion. President Obama will play no small role in determining which way this plays out.
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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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