Anaheim’s Not-So Magic Kingdom

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Bobbi Murray: No one is saying The Mouse is somehow responsible for the present Anaheim unrest, but you can argue that city leaders might look out for the good of all Anaheim residents instead of a training a single focus on the Biggest Employer In Town.

Thoughts on Tax Day 2012

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Robert Reich: I worry about the well-financed big lies that the very rich are the nation’s “job creators,” that the benefits from tax cuts on the rich “trickle down” to everyone else.

Why Main Street Isn’t Getting Any Better

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Robert Reich: Americans have no choice but to pare back their debt. That’s bad news because consumer spending is 70 percent of the economy. It helps explain why we so few jobs are being created, and why we can’t escape the gravitational pull of the Great Recession without far more government spending.

A Double-Dip Recession Coming?

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Robert Reich: The only reason the economy isn’t in a double-dip recession already is because of three temporary boosts: the federal stimulus (of which 75 percent has been spent), near-zero interest rates (which can’t continue much longer without igniting speculative bubbles), and replacements (consumers have had to replace worn-out cars and appliances, and businesses had to replace worn-down inventories). Oh, and, yes, all those Census workers (who will be out on their ears in a month or so).