Reconsidering Japan…Reconsidering Paul Krugman

krugman

Steven Hill: No one has been more influential in defining this narrative than New York Times columnist and Nobel Prize-winning economist Paul Krugman.

Why the Lame Duck Congress Must Extend Jobless Benefits For Hard-Hit Families But Not Tax Cuts For the Rich

unemployed

Robert Reich: Don’t extend the Bush tax cuts to the wealthy. Give unemployment benefits to people who need them.

When the Poor Conspire to Keep Themselves Poor

David Love: Although the history still has yet to be written on the Obama presidency, it looks as if the second coming of F.D.R. ain’t gonna happen just yet. There are very good intentions in this administration, mixed with conflicting allegiances and amateurism.

The Real Lesson of Labor Day

american flag

Robert Reich: Face it: The national economy isn’t escaping the gravitational pull of the Great Recession. None of the standard booster rockets are working.

Janitors Protest: A Rally Against Economic Injustice or A Public Nuisance?

Sylvia Moore

Sylvia Moore: These protests were just the latest expression of outrage among the working classes across the country, who have suffered massive job losses and wage stagnation, while failing bank behemoths who wrecked the economy got bailed out to the tune of billions of dollars.

The Economic Fallacy of ‘Zombie’ Japan

happy worker

Steven Hill: Paul Krugman and others have got Japan wrong: Americans should be so lucky as to get a Japanese-style lost decade

The Duh Factor, or Biz School Brilliance

fat cat

Jim Fuller: I confess to major reservations about those who work in and for the business schools that now take up far too much otherwise valuable space on most major college and university campuses.

Why Raising Taxes on the Wealthy Helps Everyone, Including the Rich

taxes

Howard Roth: It does not make sense to tax that lower fifty percent of the population with 2.5 percent of the the total wealth, because practically all of their income is money already in circulation. You need to take the money from the top ten percent.

Skewed Wealth Distribution and the Roots of the Economic Crisis

david barber

David Barber: What I do know is that while “social psychology” may have had some small role as a causal factor in the Crash of ’08, it was the actual structure of the American and world economies which brought on the crisis. And if in fact we enter a second round of this Crash, it will not stem from what Dr. Shiller calls a “weakness and vulnerability of confidence,” but will result from the same structural elements of our economy as those that brought on the “first dip.”

Too Much Inequality Harms Society

Depression

Robert Fuller: Within American society, it’s not the absolute income levels of states that determines their social well being, but rather the level of income disparity, as is the case with nations. Economic inequality and social dysfunction go hand in hand.

Are We Always Going to Be Preoccupied with Racism?

Five generations of a slave family.

Yet, the long view shows that since this racial system had a beginning, and important changes have taken place, one can venture that it will also have an end. The election of Barack Obama is an encouraging sign.

Obama and Pragmatism: Thinking Through Values

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I keep hearing the White House staff describe the President as a pragmatist. David Axelrod, one of his chief advisors whom I admire enormously, recently called him a “ruthless pragmatist.” Soon, I expect, he’ll be called a “take-no-prisoners pragmatist,” or perhaps a “remorseless, merciless, and unrelenting pragmatist.” I’m relieved the President is a pragmatist, but [...]

Is Fox’s Glenn Beck Today’s Version of Father Charles Coughlin?

coughlin_beck

Is Fox News host Glenn Beck our own Father Charles Coughlin, the “radio priest” who railed against Franklin D. Roosevelt in the 1930s? That’s become a common refrain among liberals, who hear echoes of Coughlin in Beck’s attacks on President Obama. Conservatives recoil at the charge, of course, noting that Coughlin vilified Jews. No matter [...]

US to Boycott UN Racism Forum

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A global conference devoted to addressing racism is having trouble attracting an audience. The event, slated to take place in South Africa next week, boasts Iran’s President Mahmoud Ahmadinejad as a plenary speaker — and so far, only a handful of leaders have RSVP-ed oui. Others have announced they will not attend: Israel, Canada, some [...]

Michelle, Malia, and Sasha Cannot Be the Only Black Women Whose Lives Matter to Us in 2009

jasmyne_1

So I went to the scene of the crime yesterday afternoon that left a teenage girl dead and a 30-year-old paraplegic arrested for murder. If I’d driven by too fast, I’d have missed the small makeshift memorial of candles and teddy bears that marked the spot where another Black person lost their life to senseless [...]

African Americans and the Economic Crisis

economy-drop

Joe Biden was quite out front about it. On the same day the newspapers were trumpeting the news that President Obama had felt a “glimmer of hope” in the economic situation, the Vice-President was telling CNN that we can expect unemployment to increase each month for the rest of the year. Joblessness stands at 8.5% [...]

Just Old Men Talking

oldmentalking

I don’t remember exactly when I began to think this way, but looking back, it must have been at some point during my early elementary school years that I began to believe the “American History” I was learning in school was either incomplete or misleading. I understood and accepted that I needed to master this [...]

Michelle Obama: The True Image of an African American Woman

michelle

For many years, African Americans were perceived as being ignorant creatures incapable of thinking and successfully holding leadership positions and roles. However, African Americans are constantly defying this perception and reaching heights beyond any individual’s greatest expectation. For instance, blacks were supposedly incapable of playing the position of quarterback in football—at any level—because they were [...]

Guess Who’s Coming to Dinner: Barack Obama and the Myth of a Post Racial America

briley

Despite the best efforts of Rush Limbaugh to take credit for spoiling the Obama political honeymoon by convincing all Republican members of the House of Representatives to reject the President’s economic stimulus package, public approval rates for the President remain at record highs; leading some to conclude that we have entered a post racial America. [...]

Have Progressives Lost Faith in America?

As the presidential poll numbers tighten, I have recently heard the following: the American people are stupid, voters have again been manipulated by the media, working class voters will again vote on cultural, not economic, issues, and the United States will never elect an African-American President. This deep-seated distrust of the “average” U.S. voter appears [...]

Apology For Slavery: How Convenient, But What Does It Really Mean?

The U.S. House of Representatives issued an apology for slavery last week. Something some people have waited for some 10 lifetimes, something others thought would never happen, what was once a significant event that would lead to progress in Racial Americana went largely under-reported.

“Black Is Back” in America

The Presidency aspirations of Barack Obama have caused a renewed discussion on race in America. The prospect of a black President has cast America in a different light throughout the world — as demonstrated by Obama’s highly successful trip to the Middle East and Europe last week.

Come On, Jesse: Don’t Hate The Playa, Hate The Game!

Lynching in America

Jesse Jackson, Sr.’s “live mike” comments about Barack Obama remind us that there’s always someone laying in the cut to divide and conquer Black America. For once, Black America seems to be all on the same page in Obama’s quest to become the nation’s (real) first black President.

Will A Black President Dispel the Need For Diversity?

Racism

The election of Barack Obama as President of the United States will be viewed by many as accomplishing racial diversity’s last frontier. The politics of diversity carries a heavy stigma, particularly in the post-affirmative action era.

Psychological Warfare On The Notion of a Black President; Playing On Black Fear and White Lunacy

Give Us Hillary or Give Him Death

The notion of the first black President in the history of the United States has become very real over the past couple weeks. So much so that we are now beginning to see both Barack Obama’s opposition (in both parties) and the media engage in a very vicious and mean-spirited wordsmithing that seeks to subtly [...]

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