Brent Budowsky: Lawrence Summers fought for the worst economic idea since FDR, repealing Glass-Steagall — a super-disastrous mistake.
Robert Reich: President Obama laid out the problem correctly and effectively. He explained why jobs and growth must be the nation’s first priority now — not the federal deficit.
Gil Troy: Obama quickly plunged into a much-needed defense of the bank bailout and his stimulus plan. In his most human moment, he acknowledged that Democrats and Republicans united in hating the bailout: “I hated it. You hated it. It was about as popular as a root canal.” His stimulus defense appeared more substantive as he detailed the bill’s accomplishments. But to avoid being too professorial, Obama failed to connect the dots, not quite explaining how that controversial bill actually created the jobs he enumerated.
For those of who believe, as we do, that the tepid healthcare reforms rising to the top right now will either be too weak to benefit Americans who need help the most or will benefit most the insurance companies and others who already profit handsomely by withholding life-giving care, this is the time to press forward universal healthcare options that will actually solve the country’s healthcare crisis.