Men, women, and children living on the streets, in cars, or motels, – Los Angeles County has more than 50,000 homeless people
Shamus Cooke: It should be painfully clear to even the most reality-blind politicians that the private sector has no interest in creating jobs; they are quite content sitting on their mountains of cash until wages fall low enough — due to massive unemployment — for them to hire more labor.
Tracy Emblem: Mitt Romney offers no solutions on how individuals and states will be able to reduce health care costs. Without buying power or other cost containment provisions, the economics of “market” is always what the market will bear. There is no incentive to lower costs because people need medical care – it’s a commodity that must be purchased.
Robert Reich: The first draft of the President’s deficit commission, written by its co-chairmen Erskine Bowles and Alan Simpson, is a pastiche of ideas – some good, some dumb, some intriguing, some wacky. The only unifying principle behind their effort seems to be to throw enough at the wall that something’s bound to stick.