No Social Security Cuts

back off social security

Brent Budowsky: The Senate becomes a farce: Democrats propose, Republicans filibuster. Democrats retreat, Congress recesses. Tiny victories are hailed as great achievements. The Democratic legacy is dumbed down by the day. The voice of a generation is silenced.

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.

Why Deficit Reduction, Not Jobs and Wages?

fiscal cliff santa

Robert Reich: Too many Democrats inside and outside the Beltway have ingested the deficit cool-aide that the “serious people” on Wall Street have serving for two decades.

Bungee-Jumping Over the Fiscal Cliff

bungee jump

Robert Reich: Excuse me for sounding impertinent, but isn’t this fear-mongering likely to buttress Republican arguments that the Bush tax cuts should be extended for everyone — including the rich?

President Obama: Aim High on Grand Bargain

obama boehner deal

Robert Reich: I hope the President starts negotiations over a “grand bargain” for deficit reduction by aiming high. After all, he won the election.

The Politics of the Jobs Report

2012 election

Robert Reich: RBoth Obama and Romney assume the recovery will continue, even at a slow pace, and that we’ll be back to normal at some point. But I’m not at all sure. “Normal” is what got us into this mess in the first place.

Social Media: Meaning or Madness?

social media

Charles Hayes: Increasingly I see young people (and some not so young) spending their days flitting this way and that, like subatomic particles being moved by unseen forces, while focused on a hand-held gadget.

The Millionaires Tax and Jerry Brown’s Terrorizing Tactic

jerry brown

Ann Robertson and Bill Leumer: Jerry Brown to resort to his terror tactic, intended to strike fear in the hearts of the public. He has told the people of California that if they do not support this new compromise tax proposal, then automatic trigger cuts will go into effect that will brutally slash the budget of public education on all levels.

Why Jobs Still Matter More Than Budget Deficits

solis obama

Robert Reich: Government should extend unemployment benefits, and not cut spending until the nation’s rate of unemployment is down to 5 percent. Then, and only then, should we move toward budget austerity.

Cut Carriers Now

aircraft carrier

Ivan Eland: With yawning American budget deficits and a $15 trillion national debt, it would save significant amounts of money to reduce the number of carriers and carrier air wings well below the excessive 11 and 10, respectively.

The Defining Issue: Not Government’s Size, but Who It’s For

gop and taxes

Robert Reich: Not a day goes by without Republicans decrying the budget deficit. But the biggest single reason for the yawning deficit is big money’s corruption of Washington.

Newt’s Tax Plan, and Why His Polls Rise the More Outrageous He Becomes

the gingrich

Robert Reich: The more irresponsible his bomb-throwing, the more attractive Gringrich becomes to a sizable portion of Americans so fed up they feel like throwing bombs.

Why We Must Occupy Democracy

assault and pepper spray

Robert Reich: The First Amendment is being stood on its head. Money speaks, and an unlimited amount of it can now be spent bribing and cajoling politicians. Yet peaceful assembly is viewed as a public nuisance and removed by force.

Obama Continues Alienating Onetime Core Supporters

obama coke

Randy Shaw: I expect many Occupy supporters to spend time from Labor Day to Election Day in 2012 on statewide initiatives seeking to raise taxes on the 1% in order to fund schools and other vital needs.

The Seven Biggest Economic Lies

class warfare

Robert Reich: Here’s a short effort to rebut the seven biggest whoppers now being told by those who want to take America backwards.

Why This Is Exactly the Time to Rebuild America’s Infrastructure

minneapolis bridge collapse

Robert Reich: Anyone with half a brain will see this is the ideal time to borrow money from the rest of the world to put Americans to work rebuilding the nation’s infrastructure. Problem is, too many in Washington have less than half a brain.

The Oddness of the President’s Upcoming Deficit-Reduction Plan

obama-baby-wide

Robert Reich: When unemployment is still in the stratosphere, it would be insane to start cutting the deficit by $3 trillion to $4 trillion. That would push unemployment into outer space.

Workers and Environmentalists Unite!

Shamus Cooke: It should be painfully clear to even the most reality-blind politicians that the private sector has no interest in creating jobs; they are quite content sitting on their mountains of cash until wages fall low enough — due to massive unemployment — for them to hire more labor.

Latinos Support Raising Taxes on Wealthy

Pilar Morrero

Pilar Marrero: According to our poll, Latino voters are also almost completely opposed to balancing the budget following the formula of the GOP and the Tea Party: only budget cuts.

As Food Stamp Numbers Hit Record Highs, Luxury Sales Boom

luxury-wide

Randy Shaw: While Democrats are not nearly as zealous or extreme in their policy proposals, there is now a bipartisan consensus that budget deficits – not unemployment or poverty – are the nation’s top problem.

Republican Double-Dip: What Must Be Done

bull market

Robert Reich: Now that we’re slouching toward a double-dip recession, the only hope is voters will tell their members of Congress to stop obsessing about future budget deficits and get to work on the real crisis of unemployment, falling wages, and no growth.

Ransom Paid

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Robert Reich: Anyone who characterizes the deal between the President, Democratic, and Republican leaders as a victory for the American people over partisanship understands neither economics nor politics.

Don’t Fall for GOP “Budget Crisis” Lie

tea party trip

Robert Reich: Republicans are using what would otherwise be a routine, legally technical vote to raise the debt limit as a means of holding the nation hostage to their own political goal of shrinking the size of the federal government.

7 Myths That Drive the Debt Ceiling Debate

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Adam Eran: The metaphors that frame the current Federal budget and debt ceiling debates are completely inaccurate, and if the media coverage is any indication, the public has swallowed them hook, line and sinker, too.

The Empty Bully Pulpit

Robert Reich: Barack Obama is one of the most eloquent and intelligent people ever to grace the White House, which makes his failure to tell the story of our era all the more disappointing and puzzling.

The Biggest Driver in the Deficit Battle: Standard & Poor’s

Boehner_Reid-wide

Robert Reich: Standard & Poor’s insists any deal must also contain a credible, bipartisan plan to reduce the nation’s long-term budget deficit by $4 trillion — something neither Harry Reid’s nor John Boehner’s plans do.

Deficit Reduction Versus Democracy

daley-obama

Shamus Cooke: Listening to Congress debate deficit deduction is like listening to a den of lions discuss the welfare of zebras. In both cases the debate is very one-sided.

We Need to Rethink the Morality of the Economy

Greed16

James Livingston: Why can’t the liberal Left answer the Right when budget deficits are the issue? Why are Democrats, Obama included, so eager to reduce spending on so-called entitlements?

Don’t-Raise-Taxes-on-the-Rich Crowd Getting Desperate

taxes

Robert Reich: In truth, the most important variable explaining the rise and fall of tax revenues as percent of GDP has been the business cycle, not the effective tax rate.

The Carnage on Wall Street

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Robert Reich: Our representatives in the nation’s capital continue to obsess about future budget deficits and games of chicken over raising the debt ceiling — neither of which has anything at all to do with the stalled recovery and the carnage on the Street.

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