Robert Reich: The Republican lie that the nation’s long-term budget deficit is responsible for high unemployment would be laughable if it weren’t so tragically irrelevant to the current situation.
Robert Reich: Tea Partiers have almost as much contempt for big business and the Street as they do for government. After all, the Tea Party was born in anger over the Wall Street bailout. This is the heart of the civil war in the GOP.
Randy Shaw: In a galvanizing April Fools’ Day speech in Madison, Wisconsin, President Barack Obama announced that his Administration would “no longer prioritize military spending over educating our children.”
Tracy Emblem: California taxpayers should carefully consider the cost-benefit analysis, because when we cut public funding for these institutions, we cut our state’s economic advantage and future prosperity.
Randy Shaw: Brown’s history shows that he likes to shake things up soon after taking office, and he now has the perfect opportunity. The public desperately wants a solution to California’s longstanding budget crisis, and Brown’s political capital is as high as it will ever be following an election where Democrats won every statewide race and maintained all their Congressional seats.
Steven Hill: So when the authorities say “a recovery is under way” or “stimulus rather than deficit reduction” or “deficit reduction instead of stimulus,” remember: These are the same experts who are unsure of how to measure, who too often substitute ideology and partisanship for broken theory, and usually have been flat wrong in their assessments.