*+-Robert Reich: During periods when the very rich took home a much smaller proportion of total income — as in the Great Prosperity between 1947 and 1977 — the nation as a whole grew faster and median wages surged.
*+-John Delloro: Giving back Arizona may potentially jumpstart our economy and stimulate our national imagination towards creating a greater common vision. If returning Arizona to Mexico doesn’t work, we can always revisit and adapt Jonathan Swift’s “Modest Proposal” and sell and consume undocumented immigrants as food in the ultimate and most seamless form of assimilation into the body politic of the US.
*+-Andrea Christina Nill: A study by Manuel Pastor of the University of Southern California found that immigration reform would increase California’s “state and local tax base by about $350 million in the short run.” A separate study by Raul Hinojosa of the University of California, Los Angeles similarly found that immigration reform which includes a path legalization could generate at least $1.5 trillion in added U.S. gross domestic product over 10 years.
*+-Adam Eran: Niello’s hearing is yet another bit of evidence that, no matter what the facts, the Republican narrative remains constant: We must reduce taxes and regulation, even if lack of effective regulation produced the current less-than-optimum outcome. And although “deficits don’t matter,” no matter how low they are, taxes are too high, especially on the wealthy.
*+-Earlier this year, the Washington Post reported that analysts across the country have been worried that the economic crisis has fueled an increase in hate groups and racist, anti-immigrant rhetoric. With its large immigrant population and current economic woes, California is in the belly of the beast. Yet, while many restrictionists and anti-immigrant groups are […]