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America Is Not Broke

After this weekend, it seems that the "supercommittee" of 12 Republicans and Democrats have given up on creating a plan to cut $1.2 trillion from the nation's deficit over the next 10 years. The failure of the supercommittee reveals that Congress has become a government of the 1 percent.

While doomsday calls for drastic spending cuts have dominated this debate, we at IPS have a completely different view. In a new report, "America Isn't Broke," we argue that the crisis is an opportunity to harness the country's abundant resources in ways that will make our economy more equitable, green, and secure.

read the report

Our Latest

Peace

World Beat
Occupy Foreign Affairs
November 29 - Inequality has become so extreme that even the foreign policy elite is worried. By John Feffer, published in Truthout and Common Dreams

World Beat
Droning On
November 22 - The CIA's drone war in Pakistan is setting precedents that will one day come back to haunt America. By John Feffer, published in Truthout and Counterpunch and Antiwar.com

Blog
A Stunning Victory
November 22 - U.S. troops will finally withdraw from Iraq, but what about the contractors? We need to bring home all U.S. personnel and dollars. By Phyllis Bennis

Commentary
Israel's Quiet War with Iran
November 22 - The question is not whether Israel will attack Iran -- it already has. By Derek Bolton

Blog
Sequestering Military Spending
November 21 - Even if sequestration cuts across all military programs, this sort of ham-handed approach is safely doable. By Miriam Pemberton

Justice

Commentary
America Is Not Broke: Fiscal Reforms that Washington Needs to Consider
December 2 - Taxing Wall Street, corporations and the wealthy; taxing pollution and ending environmentally harmful subsidies; and cutting military spending to bring America back. By Katrina vanden Heuvel

Report
A Main Street Fix to Wall Street's Failure
December 1 - Building a policy agenda to deepen the jobs debate, our new report looks at the structural issues behind the economic crisis and how we can transition to a new economy based on Wall Street. By John Cavanagh and David Korten

Op-Ed
We Need a Flat Tax for Social Security
November 30 - It could raise $100 billion and provide a solution to give retired people the raises they need. By Salvatore Babones

Commentary
When J. Edgar Hoover Tapped My Phone
November 28 - The psychic dynamics of a government creep that spied on IPS are the latest Hollywood exploit. By Saul Landau

Op-Ed
A Main Street Jobs Agenda
November 28 - Putting more money in the hands of those who already have jobs so they can buy more Chinese imports does very little to put Americans to work in good jobs that pay good wages. By John Cavanagh and David Korten

Environment

Blog
Durban Diary: #Occupy the COP
December 2 - A former Central American president proposes that all vulnerable countries should occupy the UN climate change meeting and refuse to leave until progress is made. By Janet Redman

Blog
Durban Diary: Repaying Climate Debt
November 29 - We have to mobilize the political will of rich countries to share the wealth. By Janet Redman

Blog
Durban Diary: What's on the Table?
November 29 - Many countries -- especially the wealthiest ones -- are dragging their feet. By Janet Redman

Blog
Durban Diary: UN Summit's Stormy Backdrop
November 29 - Scientists are finding increasing evidence that climate change is behind the recent surge in extreme weather. By Janet Redman

Op-Ed
A Blizzard of Bad Climate News
November 28 - If you want to get your grandkids something they'll be really thankful for this holiday season, fight to stop climate change. By Janet Redman, published in Straight Goods and The Dedham (MA) Transcript

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