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.

The Immigration Paradigm: The Shell Game

Guest Worker wide

Rudy Acuña: We are taking a bath on immigration: it looks as if a guest worker program will be part of the grand bargain, and it is likely that there will be a long, slippery and tenuous pathway to citizenship.

Double Whammy: Grim Jobs Picture, Horrible “Grand Bargain”

grim jobs picture

Carl Bloice: The Congressional Progressive Caucus budget that is far more sensible and humane than anything the White House is proposing. But since the “serious” people in Washington don’t cotton to it, the serious mainstream media won’t give it the time of day.

Who Will Save Social Security and Medicare?

obama

Shamus Cooke: Obama and the Democrats are aligning with Republicans to strike the first major blows against Social Security and Medicare. The decades-long political agreement to save these programs is dead, and the foundation of American politics is shifting beneath everyone’s feet.

Obama’s Still Shopping for a Grand Bargain

obama boehner saint paddy's

Shamus Cooke: At the end of the day a so-called progressive Democrat is still a Democrat, and the Democratic Party has re-made its image to reflect the interests of its new big donors from Wall Street, who now feel as comfortable buying Democrats as they do purchasing a Republican politician.

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.

‘Right-Wing Social Engineering’ Still Strong Despite Democratic Gains in 2012

newt gingrich

Joeseph Palermo: President Obama and the Democrats’ willingness to accept cuts to Social Security in the form of the gimmicky “chained CPI” right after an election where no candidate for federal office campaigned on it shows that the Right’s long-term project of undoing the New Deal marches on despite the electorate’s wishes.

The Grand Bargain Betrayal

black friday

Shamus Cooke: Corporations are on a public-sector union mopping up mission, using the city, state, and federal budget deficits as an excuse to target public sector unions.

President Obama: Aim High on Grand Bargain

obama boehner deal

Robert Reich: I hope the President starts negotiations over a “grand bargain” for deficit reduction by aiming high. After all, he won the election.

Will Dems Tax Rich to Avoid Fiscal Cliff?

butting heads

Shamus Cooke: Literally the day after the election a sudden “urgency” gripped the nation: the imminent danger of the so-called “fiscal cliff” — the national automatic tax increases and spending cuts due in January.

And Now: Forgive Us Our Debts!

obama accepts

Peter Laarman: Just a word about the Next Big Thing: the coming lame duck session and the “fiscal cliff” and the prospect of a not-so-grand bargain in which Democrats will yield yet more ground to Pete Peterson’s baleful “austerity for you but not for me” proposals.

Capitalism’s Survival Plan: Austerity and Structural Reform

austerity stimulus

Shamus Cooke: The coast is clear, the media tells us; economic disaster has been averted. The Euro Zone is finally stable and the U.S. economy is recovering. Whew! Why, then, are government policies internationally still pursuing extremist measures?

Obama Continues Alienating Onetime Core Supporters

obama coke

Randy Shaw: I expect many Occupy supporters to spend time from Labor Day to Election Day in 2012 on statewide initiatives seeking to raise taxes on the 1% in order to fund schools and other vital needs.

“Bipartisan” Plotters Targeting Social Security, Medicare & Medicaid

xavier becerra

Carl Bloice: Several Democrats said during the day that the presentation had the support of a majority of the six Democrats on the panel, leaving the impression that at least one, and possibly two, of the party’s lawmakers had not signed on — possibly Becerra and Clyburn.

Occupy Movement, Labor on Collision Course with Obama

super committee

Randy Shaw: If President Obama and fellow Democrats agree to a deficit reduction deal that cuts Medicare, Social Security, and other programs serving the 99%, expect an electoral calamity for Democrats in 2012.

Jobs: A Grand Bargain

obama phoning

Brent Budowsky: Great presidents know the difference between empty public gimmicks and game-changing public policy. They demand creative ideas, not mediocrity or defeatism, from those who advise them.

Let’s Have a Tea Party

tea party congress

Ted Vaill: Teabaggers, look at what has happened this past week in England – get rid of entitlements and you have rioting in the streets fomented by the unemployed youths who have been pushed down through England’s safety net.

Super Committee to the Rescue

super-committee-wide

The recent debt ceiling negotiation wrestling match resulted in the United States losing its AAA credit rating and also resulted in the creation of a new committee. The Joint Select Committee on Deficit Reduction, also known as the Supercommittee or Super Congress, was created by the Budget Control Act of 2011 on August 2.

Banana Republicans

eric cantor gives america the finger

Brent Budowsky: The extreme hard-line attitude of many Republicans has significantly raised the prospects for a national default and rating agency downgrades that would sweep across the nation and many states, causing an economic cataclysm and public outrage unlike anything ever seen in the history of the republic.

Where Government Spending Should be Trimmed — And Why It’s Necessary to Fast-Track Universal Health Care

play-aig

It’s no accident that as Congress returns this week from its two-week recess and begins debate on the $3.5 trillion budget plans for the fiscal year starting in October — which may or may not include a provision that fast-tracks Obama’s health care proposal by allowing it to pass the Senate with a mere majority [...]

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