Third Way Perspectives

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Posts Tagged ‘economics’

Why left should seek a fiscal deal

November 8th, 2012


This piece was originally featured on Reuters.

“I am looking forward to reaching out,” President Barack Obama said Tuesday night after he had won reelection, “and working with leaders of both parties to meet the challenges we can only solve together.”

The progressive community must understand this and put aside its rigidity to help him meet this goal. As Obama also said early Wednesday morning, “We’ve got more work to do.” Read the rest of this entry »

Progressives should support a ‘grand bargain’

October 26th, 2012


This piece was originally featured in Politico.

This week, some of the most vocal progressive organizations planted a flag in the ground in opposition to a grand bargain budget agreement in the lame duck Congress. Led by AFL-CIO President Richard Trumka, who Tuesday wrote an op-ed in POLITICO, “Americans don’t want ‘grand bargain,’” these groups made a particular point in opposing any fixes to Social Security and Medicare. If too many progressives follow suit, this could not only damage our economy but also hurt the middle class and put retirement entitlements in ultimate danger.

For nearly a century, progressives have fought to construct a secure and comprehensive safety net. With the passage of the Affordable Care Act in 2010, that mission is essentially complete. Now our challenge is to maintain the safety net as we approach the most consequential demographic aging in the nation’s history. Any responsible approach to fixing the safety net must necessarily include a balance of measures that make the programs healthy and solvent — new revenue, modest reductions in benefits to some recipients and a commitment to working class people that we will not raise payroll taxes on them in the future. We also believe the time to make these changes is now, for the following reasons: Read the rest of this entry »

Smith and Gerwin: The Math of Exporting to Asia-Pacific Region

October 4th, 2012


By: Rep. Adam Smith and Ed Gerwin

This piece was originally featured on Roll Call.

At the Democratic National Convention, President Bill Clinton reminded America that sound economic policy is often a matter of straightforward arithmetic.

One area where the economic equation can add up nicely for the United States is increased export trade, especially expanded exports of “Made in America” products to the rapidly growing markets of the Asia-Pacific region.

Let’s look at some numbers. Read the rest of this entry »

Free Ed Hochuli: Fairness in Football and Trade

September 26th, 2012


The National Football League’s misadventures with replacement referees turned into an all-out debacle this past Monday. A frightfully botched call by stand-in officials stole victory from the Green Bay Packers–on the final play of a nationally televised game. The story led the news–not just the sports.

The officiating fiasco is a crisis for the NFL. But the NFL’s travails also offer critical lessons about how America can compete and win in global markets.

To be sure, the NFL’s regular refs occasionally botch critical calls. But like other professionals–including judges, traffic cops, and food inspectors–NFL referees usually work in the background, expertly enforcing complex and changing rules that make things fairer and safer. Like sanitation workers, however, we quickly know when they’re missing. Read the rest of this entry »


June 28th, 2012


I have a two-year old son, and the Affordable Care Act is way too hard for him to pronounce. We’re still celebrating “cookie” and “Elmo”. But today’s Supreme Court decision will have a massive impact on him—and millions of other toddlers who will one day carry forward the American Dream. Read the rest of this entry »

A Message That Actually Works — Until It’s Scrambled

September 23rd, 2010


This piece was originally posted on The Huffington Post.

In “A Message That Actually Works,” Mike Lux laments efforts by Democrats to frame the upcoming election as a choice between going back to the Bush economic plan or moving forward with President Obama’s. He used the poor performance of what he referred to as a “Third Way-style” message in a recent Democracy Corps poll as evidence that the approach is a dud. With all due respect to Mr. Lux, calling the polled message “Third Way-style” is like calling a soufflé an omelet because they both contain eggs. Even though there’s a common ingredient, different combinations produce wildly different dishes. We think ours is the winning recipe.

Read the rest of this entry »