Sy Slavin: This Canadian study shows that as far as creating new jobs and generally decreasing unemployment, the way to go is increasing governmental infrastructure expenditures.
Robert Reich: The nation and Oba,ma remain hostage to the ideology of right-wing Republicans who won’t let the government spend more money. Yet if the government can’t spend more – at least this year and next, until the pump is primed and the economy is growing again – we won’t see job growth. And without job growth, the economy will remain anemic.
Ivan Eland: To keep with the bipartisan spirit after the Gabrielle Giffords’ assassination attempt and also to avoid partisan fighting over spending priorities, which will bog down and probably eventually kill any significant budget cuts, all government programs should be cut by 15 percent from last year’s budget level, including heretofore sacred defense and entitlement programs.
John Peeler: “Winner-Take-All Politics” provides a well-documented analysis of how the United States government, since the 1970s, has systematically enriched the top one percent of the country at the expense of everyone else. Written by distinguished political scientists, Jacob Hacker and Paul Pierson, the book shows how big business interests ratcheted up their national organizations to defend their interests in national policy debates. In addition to employing far stronger lobbying, these interests created think-tanks such as the American Enterprise Institute and the Heritage Foundation, designed to challenge the liberal conventional wisdom of the New Deal and Great Society and replace it with an explicitly conservative, free-market-oriented way of thinking.
Robert Reich: The President says a Republican proposal to extend the Bush tax cuts to everyone for two years is a “basis for conversation.” I hope this doesn’t mean another Obama cave-in.
Adam Eran: So the origin of California’s tax reductions, and even its current budget deficit, is arguably oil price inflation. If we want a stable economy, and government without deficits, we need to stop kidding ourselves that spending is a the root our budget problems, and attend to our energy addiction.
It’s amazing that even after the entire Wall Street house of cards collapsed a year ago requiring the public sector to rescue the private sector these fierce advocates of free-market fundamentalism can still show their faces in public, let alone gather to rail against the evils of the government that saved their asses.
America is the greatest country in the world… Or at least that’s what they tell me. The greatest country? Now, exactly what yardstick were you using just now? Such a bold statement with such paltry evidence! Sounds like the words of someone who hasn’t been anywhere, Yet those who have lived, traveled and studied Beyond [...]
by Eric Ekstrand – The results of the election of Tuesday, November 4th, were more than the elevation of a singularly talented, skilled, and visionary statesman, Barack Obama, to our highest office; more than the ultimate display of the progress this country has made towards civil rights and justice; more than a victory for the [...]
by Robert Reich – Obama’s immediate challenge is to fill the leadership vacuum created by a lame-duck president with historically-low approval ratings who seems to have lost interest in his job (at this writing, he’s out of the country) and who’s disappeared from the media, and a Treasury chief who has all but punted on [...]