Sylvia Allegretto: In recent expansions post-recession income gains have taken longer to materialize and given the enormity of the Great Recession it may be years before we see any improvement.
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: My free advice to the President: If you want to get healthcare enacted you must use reconciliation and quickly. Host your bipartisan gab fest at the White House on Thursday. Then tell the House and Senate to get to work on putting their bills together (or tell the House Dems to enact the Senate bill and then save their disagreements for reconciliation), and tell Harry Reid you want the Senate bill on a fast track of reconciliation.
John Peeler: The defeat of Martha Coakley in the race to succeed Ted Kennedy certainly shows the folly of taking victory for granted and failing to mount a serious campaign. But it also puts on display the complete political incompetence of the Obama administration and the national leadership of the Democratic Party and the Congress.