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.

The Republican Plan with Lipstick

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Robert Reich: Republicans figure that if they can’t sell the pig, they’ll just put lipstick on it and find some suckers who will think it’s something else.

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.

Why the Republican Budget Plan Is a Hairball

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Robert Reich: What happened to John Boehner’s $100 billion budget-cutting commitment? What became of Paul Ryan’s big ideas? Where did all the roaring and raging on the right during the 2010 election go?

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. . .

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