The Austerity Death-Trap

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Robert Reich: Can we just put ideology aside for a moment and be clear about the facts? Consumer spending (70 percent of the economy) is flat or dropping because consumers are losing their jobs and wages, and don’t have the dough. And businesses aren’t hiring because they don’t have enough customers.

The Need for a Progressive Alternative

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Robert Reich: Without bold alternatives, Americans desperate for big solutions are attracted to bold crackpot ideas like Herman Cain’s “9-9-9” proposal, which would raise taxes on the poor and cut them for the rich.

How to Get Out of America’s Jobs Depression

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The Reverend Al Sharpton and various labor unions have announced a March for Jobs. But I’m afraid we’ll need more than marches to get jobs back. Since the start of the Great Recession at the end of 2007, America’s potential labor force – that is, working-age people who want jobs – has grown by over […]

The Moral Question

Robert Reich: The appropriation bill the House passed June 16 would deny benefits to more than 700,000 eligible low-income women and young children next year. What kind of country are we living in?

When Will Wall Street Call for More Federal Spending?

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Robert Reich: We can get out of this recession but not via the Fed’s “quantitative easing” alone. When consumers can’t spend and businesses won’t spend without additional consumers, government must be the spender of last resort.