It’s like a party for the Corporate Axis of Evil, and Obama’s throwing a kegger.

President Obama’s NAFTA-style Korea Free Trade will still cost the country 159,000 jobs, despite last-minute changes to the agreement.

US Chamber Watch, an advocacy group originally launched by the Change to Win labor federation, issued a statement blasting the supporters of the NAFTA-style Korea Free Trade agreement as “outsourcers all.”

Mike Michaud: “When it comes to this deal, I will work with allies on Capitol Hill to do whatever I can to defeat it. We need to finally live up to what the American people have been demanding for years – a substantial departure from the past, not a continuation of its mistakes.”

Rep. Linda Sanchez’s statement on President Obama’s NAFTA-style U.S. – South Korea Free Trade Agreement, announced yesterday

Sherrod Brown: “”I continue to believe it is a dangerous mistake to pursue the same kind of trade deals that ballooned our deficit and led to massive job loss. We simply cannot keep barking up this tree as American companies fold and American workers face prolonged unemployment. Until we address China’s manipulation and make decisions to reduce our trade deficit, I see no reason to pursue more NAFTA-style free trade agreements.”

Today, President Obama’s bipartisan deficit commission failed to secure a sufficient votes from its members, so it didn’t release on official report. The chance that it would have even reached the required 14-vote minimum was remote for a variety of reasons. For example: Selecting Alan Simpson, a cranky old jerk who loves to fight, as [...]

Yesterday, Ezra Klein pointed out that while soon-to-be-Speaker of the House John Boehner intends to to fight tooth and nail to extend the Bush tax cuts for those making over $250,000, they account for only about one percent of the constituents in his district. There are 238,781 households in John Boehner’s district. There are 2,824 of [...]

It’s been clear for some time that President Obama made the political calculation that he does not want any of the Bush tax cuts to expire.  He doesn’t want to be the guy in 2012 running for President on having “raised taxes during a time of recession.” But the President also doesn’t want the political [...]

The cost crisis in our health care system simply can’t be overstated. The rapid growth in cost is the driving force behind our projected long-term public debt and the growth in private health insurance premiums threaten to cripple private industry. The Commonwealth Fund is out with a new study showing just how quickly the situation [...]