Robert Reich: Everyone would benefit from higher taxes on the wealthy to finance public investments in roads, bridges, public transit, better schools, affordable higher education, and healthcare but higher unemployment helps to boost corporate profits.
Walter Moss: House Republicans once against demonstrated why they so well deserved the contempt of most Americans and why the question “Have You No Shame?” is so appropriate.
Carl Bloice: The Congressional Progressive Caucus budget that is far more sensible and humane than anything the White House is proposing. But since the “serious” people in Washington don’t cotton to it, the serious mainstream media won’t give it the time of day.
Sharon Kyle: Up until this breaking news, President Obama maintained that a deal was “within sight” but most thought Congress would be unsuccessful.
Johnny Townsend: The Conservative movement is dying. It’s an awful thing for them to experience and it’s awful for us to witness. Perhaps understanding that this is what is actually happening,
Steve Hochstadt: The Democrats offer a known quantity, the continuation of this cautious foreign policy of the previous four years. What Romney would do in office is much less certain.
Brent Budowsky: Never in the history of America has any great party so callously and falsely blamed Americans who are jobless for being jobless, blamed Americans who are poor for being poor.
Brent Budowksy: It is Republicans who deviate to extremism of politics and obstructionism for partisanship from historical norms of American political discourse and practice.
Brent Budowsky: Word on the street is Majority Leader Harry Reid (D-Nev.) and Senate Democrats will launch a major battle supporting pay equity for the women of America that could be a defining moment in the 2012 campaign.
Robert Reich: Anyone who characterizes the deal between the President, Democratic, and Republican leaders as a victory for the American people over partisanship understands neither economics nor politics.
Robert Reich: Senate Minority Leader Mitch McConnell’s compromise on the debt ceiling is a win for the President disguised as a win for Republicans. But it really just kicks the can down the road past the 2012 election – which is what almost every sane politician in Washington wants to happen in any event.
Randy Shaw: An obvious fact: the Republican Party is content with trying to take back the Senate in 2012 and does not see the presidential race as its top priority.
Robert Reich: The deal the President struck with Republican leaders is an abomination. It’s larger than the bailout of Wall Street, GM, and Chrysler put together, larger than the stimulus package, larger than anything that’s come out of Washington in years. The president needs new advisors.