Robert Reich: Government should extend unemployment benefits, and not cut spending until the nation’s rate of unemployment is down to 5 percent. Then, and only then, should we move toward budget austerity.
The Jobs Report: Don’t Break Out the Champagne
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Robert Reich: When people ask me what Congress is likely to do I always say the same thing: The odds are in favor of nothing.
Obama Needs Demand-Side Solutions
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Robert Reich: Businesses are reluctant to spend more and create more jobs because there aren’t enough consumers out there able and willing to buy what businesses have to sell.
The Jobs Report, and America’s Two Economies
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Robert Reich: With corporate profits are through the roof, the Dow is flirting with 12,000, Wall Street paychecks are fat again, and big corporations are sitting on more than $1 trillion in cash, you’d expect jobs be coming back. But you’d be wrong.
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