3 Reasons Why Republicans Like High Unemployment

Obama for it

Robert Reich: Everyone would benefit from higher taxes on the wealthy to finance public investments in roads, bridges, public transit, better schools, affordable higher education, and healthcare but higher unemployment helps to boost corporate profits.

GOP Still Making Bad Assumptions

gop stale mates

Karen Finney: Weeks after the election, congressional Republicans are still clinging to similar bad math and bad assumptions that th eRomney campaign made, yet hoping for a different result.

Cooked or Accurate US Employment Numbers?

no jobs

Stephen Lendman: Monthly Labor Department (BLS) data report inaccurately. America’s broken jobs engine isn’t explained. The latest 7.8% unemployment rate is blarney. Based on the 1980s calculation model, real unemployment approaches 23%.

How to Win the Debate on Taxes

etch a sketch romney

Steve Hochstadt: epublican proposals in the Senate and House, created mainly by Romney’s VP selection, Paul Ryan, lower taxes on the wealthy in two whopping chunks: the top tax rate drops from 35% to 25%, and all taxes on capital gains disappear.

The Politics of the Jobs Report

2012 election

Robert Reich: RBoth Obama and Romney assume the recovery will continue, even at a slow pace, and that we’ll be back to normal at some point. But I’m not at all sure. “Normal” is what got us into this mess in the first place.

Where Are the ‘Job Creators’? A Labor Day Conversation

encrico moretti

Kathleen Maclay: Research shows that cities with many college-educated workers tend to develop an innovation-based economy, which attracts even more well-educated workers, further reinforcing their edge.

AFL-CIO Declares Victory in Wisconsin in the Face of Defeat

richard trumka

Ann Robertson and Bill Leumer: Rather than mobilizing members to defend their standard of living by putting up a fight, organized labor has relied exclusively on electing Democrats to office.

Newt’s Tax Plan, and Why His Polls Rise the More Outrageous He Becomes

the gingrich

Robert Reich: The more irresponsible his bomb-throwing, the more attractive Gringrich becomes to a sizable portion of Americans so fed up they feel like throwing bombs.

Should Blacks Be Satisfied with Obama’s Jobs Speech?

obama congress

David Love: The other side caters to their base, which includes the Tea Party, billionaires and hard right wing values voters. From time to time, the president needs to show that he cares about black people, as symbolism can go a long way.

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Two Cheers and One Jeer for the American Jobs Act

Robert Reich: President Obama laid out the problem correctly and effectively. He explained why jobs and growth must be the nation’s first priority now — not the federal deficit.

Three Ideas to Fix the Economy

jobs-mob-wide

Judith Stein: The chances of immediate action on jobs are remote, but analyzing the causes of the crisis, devising and promoting a program that can restore growth and jobs, and constructing a politics that can effect change is crucial because there will be future political openings.

Perry Compares Civil Rights Movement to Tax Cuts for Billionaires

David Love: It is not surprising that Perry — whose Texas board of education erased black and Latino civil rights leaders and their accomplishments from the history books — would try to turn the narrative of the civil rights movement into a fight over tax breaks. But it is outrageous, nonetheless.

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We Need to Rethink the Morality of the Economy

Greed16

James Livingston: Why can’t the liberal Left answer the Right when budget deficits are the issue? Why are Democrats, Obama included, so eager to reduce spending on so-called entitlements?

A Few Cutting Remarks

indecision-wide

Walter Brasch: Slagheap World Airlines announced that in the spirit of national cost cutting, it would cut back its cockpit crew to one pilot and eliminate flight attendants, meals, and life rafts. “This way,” said the president, “we won’t have to penalize our loyal stockholders by lowering our return on investment.”

Right-Wing Bullies Hold Nation Hostage

negotiations

Robert Reich: I hope the President decides he has to take a stand, and the sooner the better.

The Republican Strategy

antonin scalia

Robert Reich: The Republican strategy is to split the vast middle and working class – pitting unionized workers against non-unionized, public-sector workers against non-public, older workers within sight of Medicare and Social Security against younger workers who don’t believe these programs will be there for them, and the poor against the working middle class.

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Why Inequality Matters

lawrnence strike 1912

Ann Robertson and Bill Leumer: The only alternative available to working people that offers real prospects for success are mass mobilizations in the streets and strikes – the kind of militant struggles that scored so many gains in the 1930s.

Our Nation Has Been Manchurian Candidaterized

roger ailes

Jerry Drucker: Five major corporations own most all of the media, including TV. Very soon, when the GOP rules the House, there will be no more PBS or NPR. Sesame Street will be replaced by K Street and daily news will come straight from the RNC.

Reaganomics Redux

tax cuts

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.

Why the Bush-Era Tax Cuts Should Not Be Extended to the Nation’s Top 2%

Budget

Tracy Emblem: Let’s give the new legislation which provides tax breaks and job incentives for “small businesses” time to work before blindly accepting McConnell’s argument that allowing the Bush-era tax cuts to expire would hurt small businesses. We must start closing the deficit gap.

The Showdown On Tax Cuts for the Rich

rich-get-richer

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).

With Federal Benefits Set to Expire, Unemployed Workers Face Shrinking Safety Net

People with No Job

Marian Wang: Not extending federal unemployment insurance, it noted, would cause 2 million unemployed workers to be cut off from federal unemployment benefits by the end of the year.

Looking Forward

Norman Solomon: Deficit commission co-chairs Alan Simpson and Erskine Bowles are pushing scenarios that would undermine Social Security, while all sorts of contorted rationales are in the air for continuing the Bush tax cuts for the wealthy.

The Fight to Save Social Security Begins Now

Social Security

Shamus Cooke: Obama’s Deficit Reduction Commission attacks Social Security and Medicare. The retirement age would be raised from 67 to 68 (for those born after 1959) and from 68 to 69 (for those born after 2006). But current retirees will be affected too. The social security cost of living adjustment will be unhinged from the inflation index, meaning, payments will decrease via inflation.

The Republican Recipe for An Anemic Economy Through Election Day 2012

john boehner

Robert Reich: The real message from voters was “Fix this stinking economy.” But Republicans have no intention of doing so. With Republicans in control of the House, forget spending increases or tax cuts to stimulate the economy.

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.

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.

Checks and Balances, Part II

fat cats

Ron Wolff: Here I reveal how a coalition of sub-populations cutting in an entirely different direction (connecting selected people with powerful segments of government) can become destabilizing — possibly even undemocratic (dare I say dictatorial?).

Why Raising Taxes on the Wealthy Helps Everyone, Including the Rich

taxes

Howard Roth: It does not make sense to tax that lower fifty percent of the population with 2.5 percent of the the total wealth, because practically all of their income is money already in circulation. You need to take the money from the top ten percent.

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