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.
Unai Montes-Irueste: Unless these drafts are redrawn, California Latinos will be robbed of the Congressional and Legislative representation we deserve—despite the fact that these draft maps were drawn using the very same Census data that attributes 90% of California’s population growth between 2000 and 2010 to Latino youth and migrants.
Shamus Cooke: The massive One Nation demonstration in Washington, D.C. proved that unions and other progressive groups can unite under a set of demands. But uniting for one demonstration is not enough.
Robert Reich: Don’t be fooled into thinking that US companies will continue to make big profits from sales in China. China allows big U.S. and foreign companies to sell in China on condition that production takes place in China – often in joint ventures with Chinese companies. It wasn’t American know-how, so it can eventually replace the US firms with China firms.
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).
Robert Reich: The economic stresses of continued high unemployment and low wages are contributing to the growth of the “I’m Mad As Hell” Party – a rag-tag collection of Tea Partiers furious at establishment Republicans, left-wing Democrats angry at what they consider lily-livered Democrats in Washington, and Independents disgusted with everybody inside the Beltway.
Last night, in a segment warning of the environmental perils associated with US population growth, The Lou Dobbs Show featured Ben Zuckerman — an anti-immigrant activist who attempted a nativist takeover of the Sierra Club back in 2004. Dobbs correspondent Casey Wian allowed Zuckerman to insert himself into a discussion about a new report released [...]