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.

A Pledge for Mr. Waxman

henry waxman

Richard Eskow: The president and his fellow Democrats have agreed to a series of reckless budget-cutting measures instead of fighting for jobs and protecting the social contract, which has deepened and lengthened the lingering recession.

Opposition Grows Fierce to Austerity Cuts

portland budget

Mark Vorpahl: This latest budget crisis poses the question of “who do Portland’s elected leaders serve, the city’s majority of working class communities or big business and the wealthy?” So far, while the 99% have been suffering with all the belt tightening, Portland’s 1% have been left to grow fat.

That’s Where the Money Goes

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Lawrence Wittner: Although studies have found that the United States ranks 17th among nations in education, 26th in infant mortality, and 37th in life expectancy and overall health, there is no doubt that it ranks first when it comes to war.

The Upside of Taxes

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RJ Eskow: Today’s new corporate-sponsored cost-cutting craze is merely the latest policy designed to enrich a powerful few at the expense of the many, and today’s anti-tax agenda is being used to make sure it succeeds.

Time to Bell the Obama Cat?

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Norman Solomon: Whether or not Obama’s vicious assault on Social Security is successful, it has already jolted an unprecedented number of longtime supporters. It should be the last straw, suffused with illumination.

It’s the Jobs, Stupid

President Barack Obama greets staff of Council of Economic Advisers (Official White House Photo by Pete Souza)

Brent Budowsky: Obama needs to contemplate the possibility that his legacy will be “the jobless president.” He should fight to become “the jobs president.”

Mad About Money

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Peter Laarman: The very wealthiest Americans, whose share of income and wealth has shot up astronomically for the past 25 years, have somehow gotten a huge number of other Americans to buy into the idea that there isn’t enough money. And that therefore we should cut lifeline benefits that go to poor children and sick people and old people and veterans.

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.

Double Whammy: School Reform Amidst Austerity

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Mark Naison: the most tragic thing about this kind of austerity is that school districts have shown they are far more willing to use increasingly scarce funds on testing and evaluation rather than art, music, sports, gym, and school counselors and librarians.

Will Dems Tax Rich to Avoid Fiscal Cliff?

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Shamus Cooke: Literally the day after the election a sudden “urgency” gripped the nation: the imminent danger of the so-called “fiscal cliff” — the national automatic tax increases and spending cuts due in January.

New Mandate, New ‘Fiscal Cliff’ Math

obama wins

Richard “RJ” Escow: The voters have asked President Obama and his fellow Democrats not to “shirk a fight” over economic issues. We look forward to seeing the democratic process unfold as a much-needed fight against economic injustice is played out in the public arena.

And Now: Forgive Us Our Debts!

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Peter Laarman: Just a word about the Next Big Thing: the coming lame duck session and the “fiscal cliff” and the prospect of a not-so-grand bargain in which Democrats will yield yet more ground to Pete Peterson’s baleful “austerity for you but not for me” proposals.