Latinos Support Raising Taxes on Wealthy

Pilar Morrero

Pilar Marrero: According to our poll, Latino voters are also almost completely opposed to balancing the budget following the formula of the GOP and the Tea Party: only budget cuts.

The Stock Market Rally Versus the World’s Economic Fundamentals

happy labor day

Robert Reich: The real economy is jobs and paychecks, what people buy and what they sell. And the real economy — even viewed from a worldwide perspective — is as precarious as ever, perhaps more so.

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.

The Distant Horizon of a President

Kenneth Weisbrode: Whom does Obama admire? He speaks often of Lincoln, the Roosevelts, Reagan. Future historians of today’s zeitgeist will note that the best-selling presidential biographies are now of Polk and Wilson. These presidents had in common the setting of a few clear goals and great persistence in achieving them, sometimes against tremendous odds. The results only became evident years after they left office.

Beyond Unemployment Insurance in the Face of Structural Job Loss

Unemployed

Bob Letcher: Unemployment compensation was conceived as a temporary solution to a temporary problem, getting people through the down part of one cycle to the up part of the next cycle; not as a long-term solution to a long-term structural problem.

Beyond Unemployment Insurance in the Face of Structural Job Loss: Whoever Said It Would Be Easy?

steel-mill

“The long memory is the most radical idea in America.” –Utah Phillips, as recalled by Amy Goodman I was reminded of Utah Phillips’ observation as I sat down to write this essay on how we approach public policy for dealing with unemployment during a time of mass unemployment. I intended to start off the essay [...]

Obama Rescuing Capitalism: That’s a Lot of Weight for One Brother

obama_congress

Back in December, when it was obvious that the economy was in bad shape and before we knew how precarious it could get, Fareed Zakaria, editor of Newsweek International and columnist for Newsweek and the Washington Post, wrote, “For Obama to be remembered as a great president, he has to do nothing less than rescue [...]

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