Turning Mirage Recovery into Real Recovery

people need jobs

ecently, news reporters have been sounding almost giddy, saying that unemployment is dropping, housing prices are rising and the stock market is growing to new highs. But, these reports do not ring true with what people see around them. When you look beyond the sunny headlines, the sad reality is mirage recovery. The economy is limping [...]

Why Jobs Trump Deficit Reduction

seasonal workers

Robert Reich: Friday’s jobs report shows an economy that’s still moving in the right direction but way too slowly, which is why Washington’s continuing obsession with the federal budget deficit is insane. Jobs and growth must come first.

Jobs Report Shifts Campaign Rhetoric

obama crowd

Nia-Malika Hendewrson and Rachel Weiner: Two days after Romney reignited his campaign with a winning debate performance, Republicans were struggling once again to find their footing after a positive September jobs report muted the campaign’s main talking point.

The Politics of the Jobs Report

2012 election

Robert Reich: RBoth Obama and Romney assume the recovery will continue, even at a slow pace, and that we’ll be back to normal at some point. But I’m not at all sure. “Normal” is what got us into this mess in the first place.

Romney’s Poverty of Thought

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Steve Hochstadt: Romney thinks that the people who got the jobs he says he created are those irresponsible parasites who are hopelessly dependent on government. That is ironic.

The Stall Has Arrived

black unemployment

Robert Reich: @idening inequality is the underlying culprit. As long as almost all the gains from economic growth continue to go to the top, the vast middle class doesn’t have the purchasing power to boost the economy on its own.

A Corporate Versus a People’s City Budget

cuts only budget

Shamus Cooke: Portland is simply following a national trend on a city, state, and federal level where Democrats and Republicans have agreed that taxing the wealthy and corporations must not be an option in addressing the social crisis that resulted from the Great Recession, regardless of the vast inequality of wealth that has erupted over the last 30 years.

Looking Beyond Election Day

dollar chicken

Robert Reich: Political elites are worried about thunder on the right and the left, but they show scant understanding of what these growing anti-establishment forces signify. Meanwhile, the nation drifts.

50 Million Will March

Occupy LA

Brent Budowsky: I believe that the first big winner of the 2012 campaign is the Occupy Wall Street movement, whether or not it participates in electoral politics.

In California, Labor and Business Standing Together

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Caitlin Vega: While the Chamber of Commerce may call any bill that helps workers a “job killer,” the employer community is not monolithic. Small businesses care about our local communities and are often ignored by their own trade associations.

The Place Where Family Happens

family vacatin

Steve Hochstadt: Family is not just a sum of people. It’s a continuing chemical reaction among all the molecules, each person evolving through life by observing, copying, listening to, and sometimes even avoiding the others. In this family these reactions are multiplied and stimulated by the crucible of this place.

Why Obama Can’t Pivot to Jobs

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Robert Reich: The nation and Oba,ma remain hostage to the ideology of right-wing Republicans who won’t let the government spend more money. Yet if the government can’t spend more – at least this year and next, until the pump is primed and the economy is growing again – we won’t see job growth. And without job growth, the economy will remain anemic.

Obama Is Not Bobby Kennedy

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Brent Budowsky: Ronald Reagan once asked whether voters were better off than they were four years ago. If President Obama believes what Secretary Geithner said Sunday he will be telling many voters in 2012 they will not be much better off four years from now. This is not acceptable.

Repatriate Prosperity

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Brent Budowsky: Let’s add a “repatriate prosperity” provision that would require participating global companies to increase the size of their American workforce by a designated amount, within a designated window, such as six months, in order to receive the tax holiday.

Where Have All the Jobs Gone?

judith stein

Judith Stein: If President Obama wants the United States to manufacture again, he must change foreign and domestic priorities. The United States is more committed to maintaining its open market than to providing jobs for Americans.

How to Get Washington’s Attention

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Robert Reich: The leaders of the Street and big business may now have to wake up to a reality they’ve tried to avoid — that the central economic problem of our time isn’t the long-term budget deficit but the immediate deficit in aggregate demand.

The Truth About the American Economy

Robert Reich: As we should have learned from the Great Prosperity — the 30 years after World War II when America grew because most Americans shared in the nation’s prosperity — we cannot have a growing and vibrant economy without a growing and vibrant middle class.

Double Dip Here We Come

home vacancy

Republicans, for their part, worry that if they tell it like it is Americans will want government to do more rather than less. They’d rather not talk about jobs and wages, and put the focus instead on deficit reduction (or spread the lie that by reducing the deficit we’ll get more jobs and higher wages).

The Real News on Jobs

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Robert Reich: Conservative economists have it wrong. The underlying problem isn’t that so many Americans have priced themselves out of the global/high-tech labor market. It’s that they’re getting a smaller and smaller share of the pie.

The Real Lesson of Labor Day

american flag

Robert Reich: Face it: The national economy isn’t escaping the gravitational pull of the Great Recession. None of the standard booster rockets are working.

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