The Powell Memo: LA Progressive Live show focused on text of “The Powell Memo”. The memo, in its entirety, can be read in this post
Miles Blue: Republican Representative Paul Ryan’s response to the President’s State of the Union speech was remarkably disingenuous – he charged the President with wanting to maintain the “status quo.” Who is kidding whom? Paul Ryan’s own “Road Map for America’s Future” does nothing more than give the country to the major corporations, to the rich, and to Wall Street.
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).
David Love: The Republican party faithful care little about the lives of everyday people. But they do care about their corporate benefactors. They claim to care so much about deficit reduction that they do not want to extend unemployment benefits, yet they want to extend the very tax cuts that wrecked the U.S. economy.
Robert Reich: The biggest ongoing threats are chronic recession or even deflation, because consumers don’t have enough money to what the economy is capable of selling at full or near-full employment. Despite gains in productivity, little has trickled down to America’s middle class.