Keynes and Hayek, Obama and the Republicans

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Walter Moss: From the Reagan years to the present, conservatives have been fond of quoting Friedman and Hayek. Their influence can be seen in such documents as the Republican Party’s 1994 “Contract with America.”

Three Ideas to Fix the Economy

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Judith Stein: The chances of immediate action on jobs are remote, but analyzing the causes of the crisis, devising and promoting a program that can restore growth and jobs, and constructing a politics that can effect change is crucial because there will be future political openings.

How Austerity Is Ushering in a Global Recession

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Robert Reich: Chalk up a big part of Europe’s slowdown to the politics and economics of austerity. Europe – including Britain – have turned John Maynard Keynes on his head. They’ve been cutting public spending just when they should be spending more to counteract slowing private spending.

Why Obama Can’t Pivot to Jobs

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Robert Reich: The nation and Oba,ma remain hostage to the ideology of right-wing Republicans who won’t let the government spend more money. Yet if the government can’t spend more – at least this year and next, until the pump is primed and the economy is growing again – we won’t see job growth. And without job growth, the economy will remain anemic.

“Give to Israel or Lose God’s Hand”

Rep. Dan Webster

Lee Fang: Rather than making a policy-based argument to back up his firm belief in giving billions in foreign aid to Israel, Webster said the money is necessary to ensure “God’s hand” stays with America.

Across-the-Board Spending Cut Proposals Go Mainstream

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Ivan Eland: Deep down, both Republican and Democratic politicians believe something needs to be done about the monstrous and dangerous deficit and debt, but they are scared to do anything because, unfortunately, the American people want their government handouts but are unwilling to pay for them.

The Battle for the Soul of the GOP

Robert Reich: Tea Partiers have almost as much contempt for big business and the Street as they do for government. After all, the Tea Party was born in anger over the Wall Street bailout. This is the heart of the civil war in the GOP.