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.
Brent Budowsky: America is a nation without leaders in an economy without jobs. We are a nation of citizens who hunger for action in a political system that refuses to act. We yearn for a president who will speak for the people of the nation with conviction, clarity, courage and compassion.
Robert Reich: Only twice before in American history has so much been held by so few, and the gap between them and the great majority been a chasm — the late 1920s, and the era of the robber barons in the 1880s.
The dangers of a foreign retreat from Treasury securities are slight in the short-term but increase over time as the public debt continues to grow. Americans would do well to realize that things which cannot go on forever tend not to.
February is a poignant month for it marks my parent’s wedding anniversary and mother’s birthday and both come a few weeks after the 10th commemoration of her death. Probably because Barack Obama’s inauguration is still fresh in my mind, and she was a lifelong progressive Democrat, I’ve been thinking a lot about Joyce lately: More […]
When you stop to think about it, people measure how well their lives are going not by their absolute state of being but by their situation relative to their expectations. For example, a poor person in a developing country may be ecstatic about getting a pair of shoes for the first time; in contrast, a […]
by Robert Reich — The economy has just about come to a standstill – not so much because credit markets are clogged as because there’s not enough demand in the economy to keep it going. Consumer spending has fallen off a cliff. Investment is drying up. And exports are dropping because the recession has now […]