Simpson-Bowles Austerity Gang: Go Home

simpson bowles

Richard Eskow: Simpson and Bowles, those two hired pitchmen for budget-cutting hysteria, are still hawking an economy-killing product called “austerity economics,” a product that’s designed to benefit their wealthy patrons at everybody else’s expense.

Ron Paul, Ross Perot

ross perot

Brent Budowsky: Whether the 2012 champion of patriotic capitalism against crony capitalism is Ron Paul, Jon Huntsman, Obama or someone else, that candidate will win a standing ovation from a grateful nation rebelling against corruption, whether that leader is Democratic, Republican or Independent.

The Norquist Factor

grover norquist

Brent Budowsky: Pledges such as the Norquist pledge should be flat-out discarded, as a matter of policy and principle, by all legislators, to achieve a bipartisan agreement at a time of economic crisis.

Obama Fights Fire with Gasoline

obama's budget

Robert Reich: The President has to reframe the debate around the necessity of average families having enough to spend to get the economy moving again. He needs to remind America this is not 1995 but 2011 — and we’re still in a jobs crisis brought on by the bursting of a giant debt bubble and the implosion of total demand.

Social Insecurity

Jerry Drucker: Social Security has proven to be the greatest and most successful national social program ever created in the history of the world. The question becomes, why should we Americans feel insecure about Social Security? The trust fund today is secure and will be paying out at the current rates for at least 21 years from now. Well then if it’s not broken

Looking Forward

Norman Solomon: Deficit commission co-chairs Alan Simpson and Erskine Bowles are pushing scenarios that would undermine Social Security, while all sorts of contorted rationales are in the air for continuing the Bush tax cuts for the wealthy.

D-Day in the Class War

deficit

Joseph Palermo: After a decade of stagnant or declining real wages, “bipartisan” schemes are proliferating to shift the burden of Washington policymakers’ own catastrophic mismanagement of the nation’s fiscal policies right onto the shoulders of working people.

Deficit Commission: Keynesian by Default

deficit

John Peeler: The fact is, neither liberals nor conservatives, neither Republicans nor Democrats, have the stomach for the major sacrifices that Simpson and Bowles are calling for, and it’s not at all clear that the public in general is ready either.

Why We Should Beware Budget-Deficit Mania

Erskine Bowles and Alan Simpson

Robert Reich: The first draft of the President’s deficit commission, written by its co-chairmen Erskine Bowles and Alan Simpson, is a pastiche of ideas – some good, some dumb, some intriguing, some wacky. The only unifying principle behind their effort seems to be to throw enough at the wall that something’s bound to stick.

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