Excessive Military Spending Crushes the American Dream

pentagon spending

Randy Shaw: Tax Day has passed with little attention to the chief reason U.S. students are overwhelmed by debt, millions are homeless, children go to bed hungry and our public transit infrastructure is being destroyed — the allocation of half of every discretionary dollar to the military.

Fixing the Economy’s Real Problem

obama shaking hands

Robert Reich: The President needs to deliver the same message to the public, loudly and clearly. The biggest problems we face are unemployment, stagnant wages, slow growth, and widening inequality — not deficits. The major goal must be to get jobs and wages back, not balance the budget.

Republican “Bubble” — Yet to Pop

taxing the rich

Joseph Palermo: The rubbish that House Speaker John Boehner and other congressional Republicans keep dishing out about the federal budget shows the multimedia “bubble” that envelops the GOP and its mouthpieces is pretty durable.

The Future of Local Government

Steve Hochstadt: When Romney and the Republicans talk about cutting back on government, they mean much larger cuts in local government spending than what has happened so far.

Don’t Fall for GOP “Budget Crisis” Lie

tea party trip

Robert Reich: Republicans are using what would otherwise be a routine, legally technical vote to raise the debt limit as a means of holding the nation hostage to their own political goal of shrinking the size of the federal government.

7 Myths That Drive the Debt Ceiling Debate

budget-crisis-wide

Adam Eran: The metaphors that frame the current Federal budget and debt ceiling debates are completely inaccurate, and if the media coverage is any indication, the public has swallowed them hook, line and sinker, too.

War and Workers

amercian-soldiers-wide

Lydia Howell: Whether it’s debt-ridden college graduates working as baristas or small town youth with only fast-food and Wal-Mart as post-high school career options, high unemployment keeps a volunteer military ranks full.

Across-the-Board Cuts Needed to Avoid Fiscal Armageddon

boehner-budget

Ivan Eland: To keep with the bipartisan spirit after the Gabrielle Giffords’ assassination attempt and also to avoid partisan fighting over spending priorities, which will bog down and probably eventually kill any significant budget cuts, all government programs should be cut by 15 percent from last year’s budget level, including heretofore sacred defense and entitlement programs.

The Republican Strategy

antonin scalia

Robert Reich: The Republican strategy is to split the vast middle and working class – pitting unionized workers against non-unionized, public-sector workers against non-public, older workers within sight of Medicare and Social Security against younger workers who don’t believe these programs will be there for them, and the poor against the working middle class.

Financial Journalism and The Girl with the Dragon Tattoo

David Brooks

Carl Bloice: Some critics have taken the author Stieg Larsson to task for spending time on the state of economic reporting, suggesting that dragging in the issues of the day distracts unnecessarily from the enjoyment of a good murder mystery. For me it was one of the book’s highlights.

Obama Fights Fire with Gasoline

obama's budget

Robert Reich: The President has to reframe the debate around the necessity of average families having enough to spend to get the economy moving again. He needs to remind America this is not 1995 but 2011 — and we’re still in a jobs crisis brought on by the bursting of a giant debt bubble and the implosion of total demand.

The Reagan Centennial: Celebrating Reaganomics

ronald reagan

Joseph Palmero: If you like the way things are in the United States today — with Gilded Age levels of inequality, weak labor unions, low-wage service jobs for most of the workforce, and a public sector that’s dying on the vine — then you can thank Ronald Reagan.

Our Predictions for 2011

new year

Randy Shaw: The biggest story will be President Obama’s “new” relationship with Congressional Republicans; as if the president had not reached out to obstructionist Republicans from the start. We will be deluged with stories describing the “idealism and vision” of newly seated House Republicans, despite their allegiance to large corporations and goal of restoring failed Hoover-era policies.

The Tea Party Conservative Strategy for 2011

new years resolutions

Robert Reich: Next week starts the new Congress, and with it the Tea Party conservatives. What are they going to do about government spending? Knowing they don’t stand a chance of getting a direct repeal of the healthcare mandate, they’ll try to strip the federal budget appropriation of money needed to put the healthcare mandate into effect. This could lead to a standoff with the White House over government funding in general, and a possible government shutdown.

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