Norman Solomon: Only government has the capacity to provide economic remedies for social distress of this magnitude. But government is failing.
Robert Reich: The Republican strategy is to split the vast middle and working class – pitting unionized workers against non-unionized, public-sector workers against non-public, older workers within sight of Medicare and Social Security against younger workers who don’t believe these programs will be there for them, and the poor against the working middle class.
Robert Reich: The first draft of the President’s deficit commission, written by its co-chairmen Erskine Bowles and Alan Simpson, is a pastiche of ideas – some good, some dumb, some intriguing, some wacky. The only unifying principle behind their effort seems to be to throw enough at the wall that something’s bound to stick.
Steve Hochstadt: When conservative Republicans controlled Washington under George Bush, they spent government money on their pet projects with little regard for the long-term budgetary consequences. Now Republicans at the national level have made the deficit one of their major points of attack against the Democrats in preparation for the November elections.
Robert Reich: Here’s what’s really going on. In Massachusetts, in New Jersey, all over the nation, voters are petrified of losing their jobs, their homes, and what’s left of their savings. Nothing counts more than the economy. Rightly or wrongly, presidents and the party in power are blamed when the economy is lousy.
Despite all of the economic history of the past 30 years, the traditional media is brushing off its favorite bogeyman – the budget deficit – to defeat and/or scale back President Obama’s progressive budget, education, and health care agenda. The New York Times warned in a front page story on March 21 that a new [...]
by Robert Reich – The economy has just about come to a standstill – not so much because credit markets are clogged as because there’s not enough demand in the economy to keep it going. Consumer spending has fallen off a cliff. Investment is drying up. And exports are dropping because the recession has now [...]
This Democratic victory should be seen primarily as a rejection of the sectarian conservatism of the George W. Bush Administration. There is certainly a mandate to reimpose sensible regulation on the economy, to do something (exactly what is not so clear) about a failing health care system, and to find a way out of Iraq. [...]
I don’t understand. As Juan Cole notes this morning, Republicans came to Washington in 2000 with a solid majority in both houses of Congress and on the Supreme Court, allowing them to steal the presidency. If you ever wanted to know what a pure Republican Party government unhindered by Democrats or anyone else might look [...]