Tina Dupuy: If liberals were doing to their country what extremist tea party Republicans are doing to theirs – it would be called unpatriotic. A whole tsunami of sound bites would sweep the country calling for the sabotage to stop.
Robert Reich: The question on everyone’s mind: Will the Fed signal it’s now more worried about inflation than recession?
Robert Reich: Truth doesn’t seem to matter. Republicans figure if their big lies are repeated often enough, people will start to believe them. Unless, that is, those big lies are repudiated – and big truths are told in their place.
Robert Reich: With corporate profits are through the roof, the Dow is flirting with 12,000, Wall Street paychecks are fat again, and big corporations are sitting on more than $1 trillion in cash, you’d expect jobs be coming back. But you’d be wrong.
Brad Parker: This November, Progressives, Liberals and Democrats like myself are caught between the Devil and the Deep Blue Dog. Greens and other Independents are being squeezed to the breaking point. This is a classic dilemma – a situation requiring a choice between equally undesirable alternatives.
Robert Reich: If there was ever a time for bold government action it is precisely now. Obama should be storming the country, demanding the largest responses to the jobs emergency in history. He and the Dems should be giving Republicans hell for their indifference to all this.
Robert Reich: The real economy is jobs and paychecks, what people buy and what they sell. And the real economy — even viewed from a worldwide perspective — is as precarious as ever, perhaps more so.
One of the striking aspects of the job stats so far this year is the number of out-of-work college graduates. It keeps on growing.
Why is this recession so deep, and what can be done to reverse it? Hint: Go back about 50 years, when America’s middle class was expanding and the economy was soaring. Paychecks were big enough to allow us to buy all the goods and services we produced. It was a virtuous circle. Good pay meant […]