Charles Hayes: Employers are more like crop harvesters than job creators. Harvesters don’t work unless something needs reaping, likewise most companies don’t hire unless there is money to be made
Robert Reich: The President says a Republican proposal to extend the Bush tax cuts to everyone for two years is a “basis for conversation.” I hope this doesn’t mean another Obama cave-in.
Robert Watson: There is a lot of misinformation circulating on talk radio, at town hall meetings, in the blogosphere, and around office water coolers about President Barack Obama. For instance, Obama is criticized for allegedly doing nothing and for doing too much. While Obama, like all presidents, has made mistakes, his presidency has thus far been marked not just by bitter opposition but by an ambitious array of initiatives and numerous accomplishments. His is turning out to be one of the most active presidencies in history.
So much for the Republican chant of “stimulus is bad” and “we need a balanced budget.” Nobel Prize winning columnist Paul Krugman points out on his New York Times blog yesterday that the world economy right now is more or less at the point John Maynard Keynes described in his essay The Great Slump of [...]