Duped By the Freedom Ploy

chinese foxconn workers

Charles Hayes: Any country that cannot generate enough goodwill to see that everyone has access to adequate medical care should be embarrassed to refer to itself as the greatest country on earth.

Latino Youth Vote: Bad News and Good

latino youth vote

Victoria Defrancesco Soto: Political participation among young Latinos is being made cool by groups such as VotoLatino with voter registration booths at Romeo Santos bachata concerts and free downloads of music from artists such as Pitbull.

Whose Recovery?

obama boeing

Robert Reich: The reverse-Robin Hood budget plan just announced by Paul Ryan and House Republicans (and endorsed by Mitt Romney) would make the lopsidedness far worse – dramatically cutting taxes on the rich and slashing public services everyone else depends on.

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.

Creating Cruel and Unusual Punishment for Our Nation’s Children

black student

Mark Naison: The punitive, stress-filled environment that No Child Left Behind and Race to the Hop has created is good for no one’s children. But it is especially damaging to children who come to school hungry and fearful because their families are living on the edge.

25 Million Unemployed: Why So Little Protest?

president obama

Sherwood Ross: Although America’s 25 million unemployed and underemployed could be a powerful force for social change, they aren’t combining in any effective way to protest, an eminent business authority writes.

Supercommittee Sins

supercommittee

Brent Budowsky: The sin of the supercommittee is that it has merely mirrored the old-think politics it was created to rise above.

A Passionless Presidential Race?

barack obama

Robert Reich: Occupiers and others have had enough.

Yet paradoxically the presidential race that officially begins a few months from now is likely to be as passionless as they come.

Trigger Deficit Cuts When Unemployment Drops to 5 Percent

supercommittee

Robert Reich: So the best of all worlds is to have a big jobs plan now, and also commit to automatic cuts triggered when unemployment falls to 5 percent.

History and Double-Dip Recessions

obama senior staff

Iwan Morgan: If America does manage to avoid a new recession and achieve stronger growth, it will be a testimony to the underlying strength of its economy. At present its political leadership in both the executive and legislative branches does not appear to have the same reserves.

“Jobs Creators” Brand Tarnished

wall street protests

Joseph Palermo: Even hardcore capitalists are displaying a lack of faith in U.S. economic leadership, compounding the legitimacy crisis that has already engulfed millions of less exalted members of the global community.

How Austerity Is Ushering in a Global Recession

world-economy-wide

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.

Slouching Toward a Double Dip, For No Good Reason

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Robert Reich: We are slouching toward a double dip because we’re getting the problem wrong. Despite what Standard & Poor’s says, notwithstanding what’s occurring in Europe, and regardless of U.S. budget projections years from now — our current crisis is jobs, wages, and growth. We do not now have a debt crisis.

The Empty Bully Pulpit

Robert Reich: Barack Obama is one of the most eloquent and intelligent people ever to grace the White House, which makes his failure to tell the story of our era all the more disappointing and puzzling.

Vicious Cycles: Why Washington Is About to Make the Jobs Crisis Worse

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Robert Reich: The only way out of the vicious economic cycle is for government to adopt an expansionary fiscal policy — spending more in the short term in order to make up for the shortfall in consumer demand.

Jobs Crisis Is About People’s Lives, Not the Next Election

unemployed black youth

Carl Bloice: If one out of ten people seeking work can’t find any, it follows that the average person has a friend, relative or neighbor amongst them. All she or he has to do is look out the window or answer the phone to be scared.

How to Save the U.S. Labor Movement

Shamus Cooke: Labor unions do not need genius-caliber ideas or fancy gimmicks to save themselves; there are numerous practical, common sense solutions that could be implemented immediately.

The Rich Are Destroying the Economy

bank-robbery

Shamus Cooke: Because both parties simply threw money at the banks and hedge funds instead of punishing them, a condition of “moral hazard” was created, meaning, that banks would assume another bailout would come their way if they destroyed the economy again — too big too fail, remember?

Politics of Inaction: The Reality Behind the Jobless Stats

looking for work

Carl Bloice: Our principle concern here must not be the 2012 Presidential election but the condition of the almost 12 milion people who want to work and can find no employment.

Jamie Dimon’s Bizarre Idea About Why Recovery Stalled

jamie dimon

Robert Reich: According to JPMorgan Chase CEO Jamie Dimon, the recovery has stalled because of strict banking regulation. I’m not making this up.

Jobs: An Angry Dissent

jobless in america

Brent Budowsky: Never before in American history has unemployment been so high, yet neither the president nor Congress pushes for a major jobs bill.

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.

Depression for Blacks, Recession for Whites

chicago-ghetto-wide

Sherwood Ross: Instead of investing in a framework to help blacks advance by their own initiative, the Federal government has flushed billions down the toilets of friendly foreign strongmen such as Egypt’s Hosni Mubarek.

What Now for the Unraptured?

abandoned-house-wide

Tom Hall: How perfect can heaven be, with 200 million new souls crowding into a facility designed by He who designed a world with shifting tectonic plates, ozone holes and republicans?

Washington: Pay Attention to the Economy

mcdonalds server

Robert Reich: Even for Americans with jobs, wages are going nowhere. Basically, the only employers hiring are paying peanuts. McDonalds just announced it would start hiring big time.

The Wageless Recovery

wall street inflation

Robert Reich: The question on everyone’s mind: Will the Fed signal it’s now more worried about inflation than recession?

Extortion Politics

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Robert Reich: Monday Standard & Poor’s (hardly a beacon of reliability after the Crash of 2008, to be sure) downgraded America’s credit outlook. Expect more downgrades if the game of chicken continues.

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?

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).

Mass Deportation Policy Could Shrink Arizona Economy

sb1070

Andrea Nill: Driving the undocumented immigrants out of Arizona would lead to significant losses of jobs for both native-born and foreign-born workers.

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