Robert Reich: Most of the economic gains have gone to you and others like you who spend only a small fraction of what they rake in. That spells trouble for the economy – and for you.
Robert Reich: We’re now witnessing what happens when all of the economic gains go to the top, and the rest of the population doesn’t have enough purchasing power to keep the economy going.
Lawrence Rosenthal: Tuesday, the Tea Party trumped Etch a Sketch mainstream Republicanism and the Romney campaign will run on an almost pure Tea Party economic platform.
Robert Reich: Wealth percolates upward from working people who are adequately educated, healthy, sufficiently rewarded, and who feel they have a fair chance to make it in America.
Robert Reich: So here’s the deal: We’ll reelect you. We’ll stand behind you. We’ll give you a mandate to do all this – and more – in your second term. As long as you stand behind us.
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.
Sikivu Hutchinson: Reed has sought to wed the Tea Party’s political momentum with the considerable grassroots apparatus of the Christian right.
Robert Reich: Obama must show America that the basic choice is between two fundamental views of this nation. Either we’re all in this together, or we’re a bunch of individuals who happen to live within these borders and are mainly on their own.
Ann Robertson and Bill Leumer: The only alternative available to working people that offers real prospects for success are mass mobilizations in the streets and strikes – the kind of militant struggles that scored so many gains in the 1930s.
Adam Eran: When the nation’s most trusted newsman is Comedy Central’s Jon Stewart, it’s no surprise that sensible debate about public policy is at least hard to find. Lately, however, such policy debates have become positively surreal.
Louise W. Knight: The Tea Party campaign raises again the issues first fought out when the Constitution replaced the Articles of Confederation in the 1780s.
by Robert Reich — McCain and Obama represent two fundamentally different economic philosophies. McCain’s is top-down economics; Obama’s is bottom-up.