Steve Hochstadt: Our economic disaster is not about national debt, but about national poverty. America cannot be a great country, if we do not alleviate the critical economic problems gripping our poorest families.
Denis Campbell: Many economists predict a failure to act before Asia markets open Sunday or Monday night could see an immediate stock market loss of up to 5% and wipe out 10% of US GDP by Tuesday night. It’s that serious.
Tom Hall: The mainstream media has had little to say about Obama’s accomplishments. Why would they? The mainstream media is owned by, and serves, a handful of huge corporations in New York.
Robert Reich: It’s no accident that President Obama appears to be following the Clinton script. After all, it worked.
Ted Vaill: In less than a month, unless they relent in their effort to destroy the American (and the world) economy to curry favor with their Tea Party wing, the Republicans in Congress will cause the American government to default on its debt, on August 2, 2011 or thereabouts.
Joseph Palermo: The credibility of Anthony Weiner’s loud liberal voice in the House of Representatives, who recently showed the temerity to take on Justice Clarence Thomas for his conflict of interest in Citizens United, is now toast
Joseph Palermo: The Republican House members who voted for Paul Ryan’s Ayn Rand wet-dream budget are apparently getting an earful from their constituents.
Robert Reich: Truth doesn’t seem to matter. Republicans figure if their big lies are repeated often enough, people will start to believe them. Unless, that is, those big lies are repudiated – and big truths are told in their place.
Robert Reich: Obama won’t actively fight the budget battle if the current White House view of how he wins in 2012 continues to prevail.
Randy Shaw: The Obama Administration honored Ronald Reagan’s 100th birthday on February 6 by proposing steep cuts to two of the leading programs for the urban poor: community service grants and community development block grants (CDBG).
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.