Robert Reich: encouraged by the economic recovery and perhaps also by the election returns, low-wage workers have started to organize.
Articles by Robert Reich, Anthony Samad, Walter M. Basch, Ron Wolff, Randy Shaw, Ted Vaill, Randy Shaw, Steve Hochstadt, Gary Corseri, Georgianne Nienaber, Tina Dupuy, Sharon Kyle, Seth Hoy, Marian Wang, Ivan Eland, Jasmyne Cannick, Howard Roth, Katherine Smith, Michael Sigman, John Summers, Denis Campbell, Norman Solomon, Peter Dreier, Diane Lefer, Andrea Nill, Joseph Palermo, Jim Fuller, Gautam Dutta, Wais Hassan, and Aqeela Sherrills
Robert Reich: The only reason the economy isn’t in a double-dip recession already is because of three temporary boosts: the federal stimulus (of which 75 percent has been spent), near-zero interest rates (which can’t continue much longer without igniting speculative bubbles), and replacements (consumers have had to replace worn-out cars and appliances, and businesses had to replace worn-down inventories). Oh, and, yes, all those Census workers (who will be out on their ears in a month or so).
Adam Eran: Tax cuts caused the current budget deficit, not crazy spending. Local government revenues fell 57% after Proposition 13. Even more egregious, the consume-atives™ (they do not conserve), now complain that State funding for local governments to fill that revenue hole meddles too much in local affairs.
Friday Feedback: “How do we take seriously his advice to deemphasize material consumption?” ANSWER: By personally taking seriously his advice -getting kicks from living life, not collecting or wasting goods. In some cases new technology is already massively helping: instead of humongous material resources to move people or goods, we can much more readily move information.
Robert Reich: The Great Recession has accelerated a structural shift in the economy that had been slowly building for years. Companies have used the downturn to aggressively trim payrolls, making cuts they’ve been reluctant to make before. Outsourcing abroad has increased dramatically. Companies have discovered that new software and computer technologies have made many workers in Asia and Latin America almost as productive as Americans, and that the Internet allows far more work to be efficiently moved to another country without loss of control.
HR 3962 Passes After Generations of Americans Ignored. Last night, the House of Representatives passed the Affordable Health Care for America Act, H.R. 3962. It’s being touted as a major step forward but for those who support Single Payer, it is anything but. -Sharon Kyle Stop US Meddling: Support Afghan Women at the Table. No […]
Averting the Greater Depression The Rich Countries’ Faltering “United Front.” During the 1930s, Europe and the U.S. were also unable to agree on a common strategy, which led to a worldwide trade war and the plunge into depression. –Carl Bloice Economic Recovery Will Be More than Trusting President Obama’s Stimulus Plan. But then, this economic […]
ongress is poised to vote on a massive “Economic Recovery” proposal to invest billions in new transportation infrastructure. At a time when roads and bridges across the country are crumbling and public transportation systems are scrambling to keep up with booming demand, Congress is right to recognize the need for investment that will increase our […]
by Tom Hall – Amidst all the talk from both conservatives and “progressives” about how President-elect Obama’s cabinet and economic-recovery choices are destroying either the nation or his own commitment to progressive ideas, it might be useful to think about Georgia Congressman, Paul Broun, who identified President Obama as a Marxist, communist, socialist, fascist.
by Robert Reich – Obama’s immediate challenge is to fill the leadership vacuum created by a lame-duck president with historically-low approval ratings who seems to have lost interest in his job (at this writing, he’s out of the country) and who’s disappeared from the media, and a Treasury chief who has all but punted on […]