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.
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.
Obama’s Budget Finally, A Progressive Budget. This Mini Depression is partly the result of a widening gap between what Americans can afford to buy and what Americans when fully employed can produce. –Robert Reich Obama’s Goal: Halving the Budget Deficit by 2012. Really? Halving the budget deficit by 2012 is a nice goal but it [...]