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.
Robert Reich: The leaders of the Street and big business may now have to wake up to a reality they’ve tried to avoid — that the central economic problem of our time isn’t the long-term budget deficit but the immediate deficit in aggregate demand.
Robert Reich: The biggest ongoing threats are chronic recession or even deflation, because consumers don’t have enough money to what the economy is capable of selling at full or near-full employment. Despite gains in productivity, little has trickled down to America’s middle class.
Treva Brandon Scharf: Engaging in regular intense exercise not only strengthens the body, it strengthens your resiliency. It toughens you up, it builds character, and it can power you through your most pressing concerns.
Derek Cressman: While elites on both sides are preparing this proxy battle of issues for the fall elections at the federal level, the idea of voters directly weighing in about a specific issue is being threatened in California.