GOP Payroll Tax Disaster

gop tax plan

Brent Budowsky: As President Obama and Democrats battle during this holiday season to enact a tax cut for the 99 percent of Americans who constitute the heart of the nation, House Republicans are making a seismic political blunder reminiscent of the self-destructive overreaching of then-Speaker Newt Gingrich (R-Georgia) that rejuvenated the Clinton presidency during the 1990s.

Slouching Toward a Lousy Recovery at Best

Recession

Robert Reich: The people who are suffering the most from the failure of public officials and the greed of large bankers are the least able to endure it. Unemployment among people with four-year college degrees is barely over 5 percent; among high-school dropouts it’s over 25 percent.

Obama Must Take Charge

golf-oil-spill

Robert Reich: Obama has no ass to kick until he’s in charge. Obama should take over BP’s rescue operation. That’s the only way the public can be sure all necessary resources are being put to the job, that public risks are being properly weighed, and it’s getting the truth.

The End of the Great Moderation, the Bailouts of Freddie & Fannie and Wall Street, and the Tattered Safety Net for Everyone Else

Robert Reich

by Robert Reich — As we bail out Wall Street along with Freddie and Fannie and all the top financial executives who have been pocketing tens of millions a year, yet allow millions of homeowners and jobless Americans to sink, it’s worth contemplating what’s happening to the American economy and to our social safety nets.

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