Another Republican Hoax: Corporate Tax Cuts Stimulate Employment

trickle down brains

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.

Why Obama Can’t Pivot to Jobs

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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.

Obama Needs Demand-Side Solutions

obama-budget-wide

Robert Reich: Businesses are reluctant to spend more and create more jobs because there aren’t enough consumers out there able and willing to buy what businesses have to sell.

The Rich Don’t Create Jobs; We Do

unemployed graduates

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 Cuts Needed to Avoid Fiscal Armageddon

boehner-budget

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.

The Reagan Centennial: Celebrating Reaganomics

ronald reagan

Joseph Palmero: If you like the way things are in the United States today — with Gilded Age levels of inequality, weak labor unions, low-wage service jobs for most of the workforce, and a public sector that’s dying on the vine — then you can thank Ronald Reagan.

Jerry Brown’s Karma

California Governor Jerry Brown

Tom Hayden: It’s possible that Brown will take to blaming Washington’s priorities for California’s ills, but not any time soon. For now, he wants Californians to see themselves in the mirror.

Deficit Commission: Keynesian by Default

deficit

John Peeler: The fact is, neither liberals nor conservatives, neither Republicans nor Democrats, have the stomach for the major sacrifices that Simpson and Bowles are calling for, and it’s not at all clear that the public in general is ready either.

Obama’s First Stand

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.

The Defining Issue: Who Should Get the Tax Cut — The Rich or Everyone Else?

wealthy

Robert Reich: Republicans are hell bent on demanding an extension of the Bush tax cut for their patrons at the top, or else they’ll pull the plug on tax cuts for the middle class. This is a gift for the Democrats.

The California Budget Mess Backstory

oil addiction

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.

Why Obama Is Proposing Corporate Tax Cuts and Why He’s Wrong

economy

Robert Reich: The economy needs two whopping corporate tax cuts right now as much as someone with a serious heart condition needs Botox.

Forget Double Dip: We’re Still in One Long Big Dipper

recession

Robert Reich: It’s nonsense to think of the economy heading downward again into a double dip when most Americans never emerged from the first dip. We’re still in one long Big Dipper.

Why We Really Shouldn’t Keep the Bush Tax Cut for the Wealthy

wealthy tax cuts

Robert Reich: Restoring top earners’ marginal tax rates to what they were during the Clinton administration (36 and 39 percent) won’t inhibit their spending. That’s because they already save a large portion of what they earn, and already spend what they want to spend.

Who Wants to Be Governor of the Failed State of California?

gavin_newsom

If the miserable status quo continues and the Republicans succeed in their long-term project of turning California into a failed state the time might not be far off when the labor unions of this state are going to have no choice but to call for some kind of General Strike.

To “Americans For Prosperity,” Capitalism Already Is a Love Story

Newt Gingrich cartoon

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.

An Inaugural Poem

girl_pledge

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 [...]

Who Lost the Election?

eric-ekstrand

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 [...]

How Obama Is Already Taking Charge

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 [...]

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