Why Jobs Trump Deficit Reduction

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Robert Reich: Friday’s jobs report shows an economy that’s still moving in the right direction but way too slowly, which is why Washington’s continuing obsession with the federal budget deficit is insane. Jobs and growth must come first.

Stop Obsessing About the Budget Deficit

fiscal cliff notes

Robert Reich: I wish President Obama and the Democrats would explain to the nation that the federal budget deficit isn’t the nation’s major economic problem and deficit reduction shouldn’t be our major goal.

Why Democrats Are Winning

barack and bill

Brent Budowsky: MDemocrats are attuned to the tectonic plate of American politics in 2012. Rightist- dominated Republicans, who have offended too many voters on too many issues and demonized even moderates in their own party, are at war with it.

Super Committee to the Rescue

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The recent debt ceiling negotiation wrestling match resulted in the United States losing its AAA credit rating and also resulted in the creation of a new committee. The Joint Select Committee on Deficit Reduction, also known as the Supercommittee or Super Congress, was created by the Budget Control Act of 2011 on August 2.

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.

What “Shared Sacrifice” Means

obama financial advisors

Carl Bloice: All across the country social services, which largely benefit lower income women, men and children are being cut back and people who made them function are being added to the ranks of the unemployed.

Why Mitch McConnell Will Win the Day

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Robert Reich: Senate Minority Leader Mitch McConnell’s compromise on the debt ceiling is a win for the President disguised as a win for Republicans. But it really just kicks the can down the road past the 2012 election – which is what almost every sane politician in Washington wants to happen in any event.

Why Obama’s Proposal Is Risky

robert reich

Robert Reich: The underlying problem isn’t the budget deficit. It’s that so much income and wealth are going to the top that most Americans don’t have the purchasing power to sustain a strong recovery.

Pelosi’s Path to Victory

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Brent Budowsky: The president’s budget and congressional responses will have a revolutionary impact on American politics that will either cement the total domination of the right and humiliation of progressives in the battle of ideas, or pave the way for House Dems to restore Democratic control in 2012.

2011: Year of Upheaval

Brent Budowsky: Prediction – Sarah Palin will issue a Sherman statement declaring she will not run for president in 2012, and will instead host a one-hour political talk show on network or cable television that will become the highest-rated political talk show in TV history.

Why the Tax Deal Is an Abomination

Robert Reich: The deal the President struck with Republican leaders is an abomination. It’s larger than the bailout of Wall Street, GM, and Chrysler put together, larger than the stimulus package, larger than anything that’s come out of Washington in years. The president needs new advisors.

Evolution Continues

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Ron Wolff: Species typically become extinct as a result of failure to adapt to changing environmental conditions. Homo sapiens may be the first species not only to have caused its own destruction but to have had the power to see it coming — and failed to heed the warning signs.

The Fight to Save Social Security Begins Now

Social Security

Shamus Cooke: Obama’s Deficit Reduction Commission attacks Social Security and Medicare. The retirement age would be raised from 67 to 68 (for those born after 1959) and from 68 to 69 (for those born after 2006). But current retirees will be affected too. The social security cost of living adjustment will be unhinged from the inflation index, meaning, payments will decrease via inflation.

Watch “Deficit Hawks” Rush to Defend Pentagon Bloat

robert gates

Randy Shaw: The Republican Party and Democratic so-called “deficit hawks” attack any proposed defense cuts as “job killers.” Yet this alliance refused to save the jobs of hundreds of thousands of teachers, and have backed tax and spending policies that have cost the nation millions of jobs in recent years.

LA Progressive: July 18 to 24, 2010

LA Progressive Aritcles: Georgianne Nienaber, Anthony Samad, Mario Solis-Marich, Tina Dupuy, Robert Reich, Diane Lefer, Seth Hoy, Randy Shaw, David Love, Joseph Palermo, Paul Hogarth, Shamus Cooke, David Swanson, Andrea Nill, Sherwood Ross, Berry Craig, Donald Price, Steve Hochstadt, Ed Rampell, Nina Zippay and Fernando J. Orozco, Sharon Kyle, and Joseph Palermo

A Grand Fourth

Ron Wolff: FDR spoke about “four essential freedoms” on January 6, 1941, naming 1) freedom of speech and expression; 2) freedom of every person to worship in his own way; 3) freedom from want; and 4) freedom from fear — which he explained was related to a reduction of armaments and the lack of physical aggression against any other country in the world.

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