The Carnage on Wall Street

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Robert Reich: Our representatives in the nation’s capital continue to obsess about future budget deficits and games of chicken over raising the debt ceiling — neither of which has anything at all to do with the stalled recovery and the carnage on the Street.

Where Have All the Jobs Gone?

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Judith Stein: If President Obama wants the United States to manufacture again, he must change foreign and domestic priorities. The United States is more committed to maintaining its open market than to providing jobs for Americans.

Obama Needs Demand-Side Solutions

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Robert Reich: Businesses are reluctant to spend more and create more jobs because there aren’t enough consumers out there able and willing to buy what businesses have to sell.

Back Toward Double Dip

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Robert Reich: The Republican lie that the nation’s long-term budget deficit is responsible for high unemployment would be laughable if it weren’t so tragically irrelevant to the current situation.

How to Get Washington’s Attention

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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.

Jobs: An Angry Dissent

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Brent Budowsky: Never before in American history has unemployment been so high, yet neither the president nor Congress pushes for a major jobs bill.

The Rich Don’t Create Jobs; We Do

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Tina Dupuy: “The rich create jobs” is a well-worn catch phrase from right-leaning political yappers who give this 1% all the credit when it comes to the financial health of the country. But the rich are not, in fact, the venerated “job creators.”

The Truth About the American Economy

Robert Reich: As we should have learned from the Great Prosperity — the 30 years after World War II when America grew because most Americans shared in the nation’s prosperity — we cannot have a growing and vibrant economy without a growing and vibrant middle class.

Depression for Blacks, Recession for Whites

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Sherwood Ross: Instead of investing in a framework to help blacks advance by their own initiative, the Federal government has flushed billions down the toilets of friendly foreign strongmen such as Egypt’s Hosni Mubarek.

Across-the-Board Spending Cut Proposals Go Mainstream

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Ivan Eland: Deep down, both Republican and Democratic politicians believe something needs to be done about the monstrous and dangerous deficit and debt, but they are scared to do anything because, unfortunately, the American people want their government handouts but are unwilling to pay for them.

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