Brent Budowsky: There was no excuse for the president to shout from the rooftops about the dangers of sequester while not doing a thing to prevent it. Americans need jobs, not spin, and leaders, not photo ops.
ardly a day goes by without a new headline screaming about the scandal of youth unemployment, which has been pinned at the outrageous levels of 50 percent in Spain and Greece and above 20 percent in the eurozone. There’s just one problem – those numbers are derived from a flawed methodology, which misrepresents the true […]
Brent Budowsky: Here come the Romney attack ads against Santorum in Michigan, the vulture politics of the vulture capitalist who sets new standards of negative campaigning!
Brent Budowsky: One of the great sources of outrage in our age is that again and again, crime pays. The victims, from young girls who die while vermin eat their corpse to embezzled investors who lose their money, from tortured prisoners to jobless workers to homeless victims of mortgage fraud, pay the price.
Marian Wang: Not extending federal unemployment insurance, it noted, would cause 2 million unemployed workers to be cut off from federal unemployment benefits by the end of the year.
Carl Bloice: If Congress does not vote over the next week and a half to re-authorize federal unemployment benefits through next year, before they expire November 30, nearly 2 million women and men and their families will face a dismal holiday season.
Brent Budowsky: Harry Reid led Senate Democrats to a large majority in historic elections, while Senate Republicans obstruct everything to negate those elections, which has never been done in the history of the republic. Voters who want more action to create more jobs should vote for more Harry Reids, and fewer Senate Republicans.
Robert Reich: It’s the economy, stupid. American politics is turning anti-establishment because so many Americans feel screwed by the economy and they blame the establishment. If there’s a trend here, it’s not left-wing Democrats versus right-wing Republicans. It’s the “Mad-As-Hell” Party against both.
Robert Reich: In politics as in economics and love, timing is everything. Obama can’t wait much longer if he wants to convince waivering and worried conservative Dems to join him in a last ditch 51-vote reconciliation measure to get health care through the Senate. We’re already in the gravititational pull of November’s mid-term elections. But the economy is taking a longer time to turn around than anyone expected, and telling Americans the jobs numbers are getting worse more slowly isn’t exactly reassuring.
But the reality that no one wants to talk about is a structural change in the economy that’s been going on for years but which the Great Recession has dramatically accelerated.