Lawrence Wittner: Dozens of local jurisdictions have passed resolutions that call for ending the U.S. military role in Iraq and Afghanistan, reducing the Pentagon budget, and funding domestic programs.
Lawrence Wittner: In the context of severe budget cutting by Congress, popular domestic social programs are being sacrificed to support the U.S. military budget — so much so that it currently consumes more than half of the U.S. government’s discretionary spending.
Ted Vaill: Every Member of Congress who voted against increasing the debt ceiling should be targeted for defeat in the 2012 election. If that is not successful in changing the makeup of Congress after 2012, I may follow the lead of my ancestor Pelatiah Everett, and begin a new revolution.
Robert Reich: It’s no accident that President Obama appears to be following the Clinton script. After all, it worked.
Robert Reich: I hope the President decides he has to take a stand, and the sooner the better.
Robert Reich: Problem is, when you pay ransom once, you’re almost begging to pay it again. And that’s exactly the pickle the Obama administration is finding itself in.
Ivan Eland: To keep with the bipartisan spirit after the Gabrielle Giffords’ assassination attempt and also to avoid partisan fighting over spending priorities, which will bog down and probably eventually kill any significant budget cuts, all government programs should be cut by 15 percent from last year’s budget level, including heretofore sacred defense and entitlement programs.
Robert Reich: Americans no longer have the purchasing power to keep the economy going at full capacity. Since the debt bubble burst, most Americans have had to reduce their spending; they need to repay their debts, can’t borrow as before, and must save for retirement.
Robert Reich: By extending the Bush tax cuts to the wealthy, shrinking the estate tax, and freezing discretionary spending (on everything except defense), Obama’s leaving almost nothing for education and infrastructure.
Robert Reich: In reality, the lousy economy is due to insufficient demand – the result of the nation’s almost unprecedented concentration of income at the top.
John Peeler: The fact is, neither liberals nor conservatives, neither Republicans nor Democrats, have the stomach for the major sacrifices that Simpson and Bowles are calling for, and it’s not at all clear that the public in general is ready either.
LA Progressive: January 24 to 30, 2010 — This week’s articles.
Robert Reich: The economic lesson President Obama ought to be teaching is that targeted tax cuts, mostly for small business, are good to the extent they give businesses a nudge toward creating more jobs. But businesses won’t begin to create lots of jobs until they have lots of customers. And that won’t happen until lots more Americans have work. The only way to get them work when businesses aren’t hiring is for government to prime the pump.