Robert Reich: The worst economy since the Great Depression and you might think at least one of the candidates would come up with a few big ideas for how to get us out of it. But you’d be wrong.
Joseph Palermo: Why should CSU administrators be paid more than the Governor of California, the Chief Justice of the Supreme Court, and even the President of the United States? Why isn’t the Chancellor termed out like California legislators and most other public officials?
Carl Bloice: The average period of unemployment now exceeds 26 weeks, well above the previous peak in July 1983 of just 21.2 weeks. This is critical because the longer that people of any age are out of work, the less likely they are to find another job.
Mark Naison: The “grunt work” of organizing Depression Era protests — at least until 1936 — was done by radicals who for the most part eschewed, or de emphasized electoral politics.
Robert Reich: New data from the Commerce Department shows employee pay is now down to the smallest share of the economy since the government began collecting wage and salary data in 1929.
Robert Reich: Political elites are worried about thunder on the right and the left, but they show scant understanding of what these growing anti-establishment forces signify. Meanwhile, the nation drifts.
Robert Reich: The Court thinks corporations have First Amendment rights to spend as much as they want on politics, and Romney (and most of his fellow Regressives) think they need lower taxes and fewer regulations in order to be competitive. These positions are absurd on their face.
Brad Parker: With no plan in hand, the city leaders of Los Angeles are chortling about how a new Football Stadium for an imaginary NFL Team will usher in an era of jobs, jobs, jobs for all Angelenos.
Iwan Morgan: If America does manage to avoid a new recession and achieve stronger growth, it will be a testimony to the underlying strength of its economy. At present its political leadership in both the executive and legislative branches does not appear to have the same reserves.
Ellen Brown: When done on a large enough scale, short selling can force prices down, allowing assets to be picked up very cheaply.
Berry Craig: The hysteria about Obama, although some of it may be related to philosophical objections to central authority, is largely rooted in race.
Robert Reich: Labor Day is traditionally a time for picnics and parades. But this year is no picnic for American workers, and a protest march would be more appropriate than a parade.