An Anti-Government Challenge

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Richard M. Mathews: Unless you are wearing 100% cotton made on the plantation you have had in the family for generations without the benefit of outside seed or fertilizer, the clothes have got to go.

Medicare Is the Solution, Not the Problem

Romney Ryan Medicare

Robert Reich: The real problem is the soaring costs of health care that lie beneath Medicare. They’re costs all of us are bearing in the form of soaring premiums, co-payments, and deductibles. Medicare offers a means of reducing these costs — if Washington would let it.

Republican War on Worker Rights Undermines Economy

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Robert Reich: The only way back toward sustained growth and prosperity in the United States is to remake the basic bargain linking pay to productivity. This would give the American middle class the purchasing power they need to keep the economy going.

Back Toward Double Dip

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Robert Reich: The Republican lie that the nation’s long-term budget deficit is responsible for high unemployment would be laughable if it weren’t so tragically irrelevant to the current situation.

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.

Why Obama’s Proposal Is Risky

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Robert Reich: The underlying problem isn’t the budget deficit. It’s that so much income and wealth are going to the top that most Americans don’t have the purchasing power to sustain a strong recovery.

Two Roads Out of Recession

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Shamus Cooke: As the jobs recession staggers on, politicians and labor leaders alike seem bizarrely distanced from reality, unable to advance any ideas that remotely correspond to the basic demands of those tens of millions of unemployed, under-employed, or poorly paid workers.

Why We Should Trade Broccoli and Asparagus for Hot Dogs and Apple Pie

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Robert Reich: The requirement that everyone purchase health insurance, or pay a fine doesn’t appeal to many Americans. They don’t like the government telling them they have to buy something. But the healthcare system can’t work without this mandate. Only if everyone buys insurance can insurers afford to cover people with preexisting conditions, or pay the costs of catastrophic diseases.

Koch Brothers Protest Rally

Koch brothers Protest

Thousands of protesters gathered this weekend in Palm Springs to express opposition to the secret meeting held by David and Charles Koch. The Koch brothers, owners of the 2nd largest privately held corporation in the United States, were conducting their bi-annual retreat where they and a cadre of well heeled power brokers hold strategy sessions.

Reaganomics Redux

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Robert Reich: The only practical effect of adding $858 billion to the deficit will be to put more pressure on Democrats to reduce non-defense spending of all sorts, including Social Security and Medicare, as well as education and infrastructure.

The Showdown On Tax Cuts for the Rich

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Robert Reich: In political terms, a strong stand enables the President to clearly demonstrate who’s side he’s on (the working and middle class that’s still bearing the brunt of this lousy economy) and who’s side the Republicans are on (the powerful and privileged who brought much of this on, and who are now doing just fine).

When Is a Minority the Majority?

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Sharon Kyle: What troubled me this morning and the reason this email was delayed is because I noticed that once again every article in this newsletter was written by a white man. So I decided to write this article to say. . .

Meg Whitman, Job Killer

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Craig Williams: The countless ads by Whitman in the current California gubernatorial race lead most people to believe that she’s been creating lots of jobs. But when you take a close look at what her company EBAY actually does, on balance she may well be the jobs killer.

The Winds of Deflation

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Robert Reich: Consumers aren’t buying. They’re acting rationally. They’re worried about keeping their jobs, and they’re justifiably worried about the future.

Why A Civil Society Extends Unemployment Benefits

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Robert Reich: A record number of Americans is unemployed for a record length of time. This is a national tragedy. It is to the nation’s credit that many are receiving unemployment benefits. This is good not only for them and their families but also for the economy as a whole, because it allows them to spend and thereby keep others in jobs.

The Stock Market Rally Versus the World’s Economic Fundamentals

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Robert Reich: The real economy is jobs and paychecks, what people buy and what they sell. And the real economy — even viewed from a worldwide perspective — is as precarious as ever, perhaps more so.

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