An Offer to the President

Photo: White House Photographer Pete Souza

Robert Reich: So here’s the deal: We’ll reelect you. We’ll stand behind you. We’ll give you a mandate to do all this – and more – in your second term. As long as you stand behind us.

Stop the Austerity Train Wreck!

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Robert Reich: Agreement or not, Washington is on the road to making budget cuts that will slow the economy, increase unemployment, and impose additional hardship on millions of Americans.

Occupy Repatriation

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Brent Budowsky: Democrats should oppose, Congress should defeat and the American people will reject any windfall repatriation tax bonus to American companies that have exported American jobs.

War: Fiscal Stimulus of Last Resort

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Ellen Brown: Diverting a portion of our massive war spending to peaceful use could add jobs, improve living standards, and add infrastructure, while reducing the national debt and balancing the government’s budget by increasing the tax base and government revenues.

Fed Policy Needs a U-Turn

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Brent Budowsky: America needs new thinking for monetary and fiscal policy. Fed policy has failed. Government policy is inadequate. Ron Paul has advanced an important debate.

How Austerity Is Ushering in a Global Recession

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Robert Reich: Chalk up a big part of Europe’s slowdown to the politics and economics of austerity. Europe – including Britain – have turned John Maynard Keynes on his head. They’ve been cutting public spending just when they should be spending more to counteract slowing private spending.

Save the Nation

Betty and Don Draper, of "Madmen"

Brent Budowsky: The president and congressional leaders should bring a new player to sit at this jobs-and-deficit table on behalf of all who love and serve the nation: Former Secretary of State and Chairman of the Joint Chiefs of Staff Colin Powell.

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.

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 Rich Don’t Create Jobs; We Do

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Tina Dupuy: “The rich create jobs” is a well-worn catch phrase from right-leaning political yappers who give this 1% all the credit when it comes to the financial health of the country. But the rich are not, in fact, the venerated “job creators.”

Across-the-Board Spending Cut Proposals Go Mainstream

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Ivan Eland: Deep down, both Republican and Democratic politicians believe something needs to be done about the monstrous and dangerous deficit and debt, but they are scared to do anything because, unfortunately, the American people want their government handouts but are unwilling to pay for them.

The Battle for the Soul of the GOP

Robert Reich: Tea Partiers have almost as much contempt for big business and the Street as they do for government. After all, the Tea Party was born in anger over the Wall Street bailout. This is the heart of the civil war in the GOP.

Tax War!

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Tina Dupuy: Republicans claim to be the arbiters of fiscal discipline, but their record says otherwise. The Ryan Plan, which passed the House, was like a cat burglar writing the charter for the neighborhood watch.

Disaster Capitalism in the Budget Debate

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Adam Eran: Historic tax reductions on the wealthy, and the Wall-Street-Fraud recession, have reduced public revenues, and this reduction now makes otherwise too-popular-to-cut programs vulnerable. But are such cuts really necessary?