Robert Reich: Most big American corporations have no particular allegiance to America. They don’t want Americans to have better wages. Their only allegiance and responsibility to their shareholders — which often requires lower wages to fuel larger profits and higher share prices.
Larry Wines: Mitch McConnell said this week that the positive economic record for December jobs seems to “coincide with the biggest political change of the Obama administration’s long tenure in Washington: the expectation of a new Republican Congress.”
Robert Reich: encouraged by the economic recovery and perhaps also by the election returns, low-wage workers have started to organize.
Victoria Defrancesco Soto: Why did Latinos not only support, but support in such overwhelming numbers a candidate who has overseen such a troubling time for Latinos?
Tanya Acker: People who can’t read, however, are very easy to divide and even easier to command. No demagoguery can save us from that.
Maria Loya: As Los Angeles begins to capture more tourist dollars, and the industry continues to thrive, thousands of hotel workers and their families will also benefit.
Mark Naison: We can do a lot more to promote racial and economic equality through programs of progressive taxation, promotion of unionization in low wage enterprises, and efforts to uproot discrimination in the labor market.
Robert Reich: The reverse-Robin Hood budget plan just announced by Paul Ryan and House Republicans (and endorsed by Mitt Romney) would make the lopsidedness far worse – dramatically cutting taxes on the rich and slashing public services everyone else depends on.
John Peeler: The Republican attack on Obama over gas prices at the pump is quite a strange line of attack from people who are incessantly demanding a return to untrammeled free markets. Do they really want Obama to impose price controls?
Devin Griggs: The parties might be reversed and the cultural issues of the 1970s flipped, but American politics since the Nixon-McGovern race has remained fairly fixed and share all of the rhetoric and even less of the substance that once defined American politics.
Victoria DeFrancesco Soto: The GOP, however, shouldn’t hold its breath. The idea that Latinos are social conservatives akin to white evangelicals is simply off-base.
Shamus Cooke: Because both parties simply threw money at the banks and hedge funds instead of punishing them, a condition of “moral hazard” was created, meaning, that banks would assume another bailout would come their way if they destroyed the economy again — too big too fail, remember?
Walter Brasch: Overall, America is slowly on the path to recovery. But, to those who lost their jobs and then their homes, it just doesn’t seem that way.