Fixing the Economy’s Real Problem

obama shaking hands

Robert Reich: The President needs to deliver the same message to the public, loudly and clearly. The biggest problems we face are unemployment, stagnant wages, slow growth, and widening inequality — not deficits. The major goal must be to get jobs and wages back, not balance the budget.

What Should Government Do?

war 2012

Steve Hochstadt: Unless Iran actually puts our nation in mortal danger, declaring war on Iran would violate the trust that Americans put in our government. It’s what our government shouldn’t do.

Occupy to Save a 79-Year-Old Retired School Teacher’s Home

kwazi nkrumah

OCCUPY TO SAVE A 79-Year-Old Retired School Teacher’s HOME As Senator and Council Ask for Responsible Banks, Occupy LA Focuses on Foreclosures* Los Angeles – Wednesday, members of Occupy LA will be occupying the foreclosed South Central home of Mrs. Faith Parker, a 79-year-old retired school teacher, who fights eviction as a result of Bank [...]

Occupy Our Homes: The Next Stage

foreclosed

Peter Dreier: Perhaps because so many Occupiers have recently been evicted from their encampments in cities across the country, they have found common cause with the growing number of American families facing foreclosure.

Restore the Basic Bargain

ford assembly line

Robert Reich: New data from the Commerce Department shows employee pay is now down to the smallest share of the economy since the government began collecting wage and salary data in 1929.

State of the Union

Brent Budowsky: In his films that rallied America against fascism, Capra did not glorify profiteers. He honored those wearing the uniform. He inspired the nation that stood behind them with the American belief that we are in this together in the cause of a great and exceptional country.

Who Is the Spendthrift?

homeowners' lament

Steve Hochstadt: When the real estate boom turned out to be a house of cards, people’s debts came due much sooner than they had expected. Governments are much less to blame for the current foreclosure crisis than homebuyers, egged on by unscrupulous bankers.

Obomanomics One Year Out

Obama Economic Challenges

Robert Reich: The economic stresses of continued high unemployment and low wages are contributing to the growth of the “I’m Mad As Hell” Party – a rag-tag collection of Tea Partiers furious at establishment Republicans, left-wing Democrats angry at what they consider lily-livered Democrats in Washington, and Independents disgusted with everybody inside the Beltway.

What’s Ahead for the Economy and Politics in 2010

Happy 2010 Really

Robert Reich: Issue Number One — the overriding concern that will determine more than anything how many seats the Dems lose next fall — is jobs. If unemployment is 10 percent or more next November, the Dems are in danger of losing the House and will almost certainly be short of the 60 votes they need in the Senate.

Healthcare Bill Cedes Too Much to Insurance Industry

Leeches

NNU and nurses will continue to work with the thousands of grassroots activists across the nation to campaign for the best reform, which would be to expand Medicare to cover everyone, the same type of system working more effectively in every other industrial country. The day of that reform will come.

Labor Secretary Solis Slams Down Right-Wing Call for an Immigration Moratorium

Last week, the Politico featured a piece by right-wing pundit Pat Buchanan suggesting that rather than talking about a second stimulus package, tax credits, or public works projects, lawmakers should be seriously considering an immigration moratorium during these hard economic times. A few days later, former Rep. Virgil Goode (R-VA) authored an op-ed calling for [...]

Why We Need Stronger Unions, and How to Get Them

union workers

Why is this recession so deep, and what can be done to reverse it? Hint: Go back about 50 years, when America’s middle class was expanding and the economy was soaring. Paychecks were big enough to allow us to buy all the goods and services we produced. It was a virtuous circle. Good pay meant [...]

For An Iraq War Memorial

Why shouldn’t there be a war memorial on the National Mall in Washington to commemorate those who have died in the Iraq war? It could be a simple concrete wall five stories high onto which the photographs of those killed in Iraq would be projected. After dark, somewhere between the illuminated Capitol and the Lincoln [...]