Additional Focus

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Wait a minute, Mr. Postman: Why postal banking won’t work

August 27, 2014 COMMENTARY BY: Jacob Anbinder TOPICS: Additional Focus, General Policy

TCF's Jacob Anbinder argues that allowing the Postal Service to provide basic financial servies is a bad idea, in an article for The Week.

Tags: financial institutions, banks

Tea Party steers GOP right - away from White House

August 15, 2014 BY: Michael Cohen TOPICS: Additional Focus, General Policy

TCF fellow, Michael Cohen writes about the divide between the GOP's presidential and congressional wings, in an article for The Boston Globe.

If there has been one theme in Republican Party primaries this year — from Eric Cantor’s stunning upset to Thad Cochran’s success in holding back the far right in Mississippi — it is the establishment versus the Tea Party. But with the primary season now wrapping up, a more crucial divide in the GOP is emerging: the one between the party’s presidential and congressional wings. The latter continues to dominate the GOP with potentially calamitous results.

To be sure, the establishment/Tea Party frame has always been a bit overstated. The establishment held back the Tea Party by basically co-opting their issues and rhetoric — while in the process moving the party even more to the right.

Read the full article.

Tags: tea party, republican party, gop

Playing ball with public dollars

July 28, 2014 BY: Amy Dean TOPICS: Additional Focus, General Policy

Al Jazeera America has published a piece by TCF fellow, Amy Dean, about taxpayer funding of sports venues.

Again and again the same old story plays out in sports stadiums across the country. Team owners in the NFL, MLB and NBA demand hundreds of millions of dollars in public assistance in order to build new venues. Sometimes they offer a carrot: a vague, far-off promise of jobs and future tax revenue. But often they offer only the stick: the threat that they’ll move their team elsewhere if a city or state government does not comply with their demand.

Years later, the promised economic benefits rarely materialize, and taxpayers are left nursing old wounds. Yet sports owners start the process all over again — demanding new rounds of subsidies and tax breaks … or else.

Read the full article.

Tags: public spending

Should the Fed have to play by a rule?

July 24, 2014 BY: Mark Thoma TOPICS: Additional Focus, General Policy

TCF fellow, Mark Thoma, published a piece on the proposed Federal Reserve Accountability and Transparency Act for CBS News.

What if the U.S. Federal Reserve Board had to implement monetary policy according to a specific rule that would require specific policy actions depending on the circumstances?

That's the intent of a bill Republicans in the House of Representatives recently proposed. The Federal Reserve Accountability and Transparency Act would require the Fed to formulate and make public a monetary policy rule and provide added transparency about the reasons for the Fed's interest rate recommendations.

Read the full article.

Tags: monetary policy, interest rates, federal reserve board, federal reserve

How Pop Culture Is Re-Evaluating Lyndon B. Johnson’s Legacy

April 1, 2014 COMMENTARY BY: Peter Osnos TOPICS: Additional Focus, General Policy

Now rivetingly played by Bryan Cranston on Broadway, the 36th president is being remembered for his political skills and domestic achievements, not just his escalation of the Vietnam War.

Tags: vietnam, medicare, medicaid, lyndon johnson, lbj, great society, civil rights act, bryan cranston, broadway, all the way

The US Has Its Eye on Energy

September 30, 2013 COMMENTARY BY: Allison Good TOPICS: Foreign Policy, Additional Focus, General Policy

What happens when a stalwart American ally “postpones” the visit of a high-level US delegation for no reason? For Azerbaijan, apparently nothing. This September, Deputy Assistant Secretary of State Thomas Melia and others were expected to arrive in the capital of Baku to “observe preparations” for the October 9 presidential election, but the Azerbaijani government postponed. These elections are paramount because Azerbaijan’s opposition parties have only symbolic representation in parliament -- the two-term limit on the presidency was abolished in March 2009 by popular referendum.

Tags: western european market, wall street journal, russia, reuters, pipeline, oil pipeline, oil, natural gas, human rights watch, exports


Additional Focus

Additional Focus

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