Sy Slavin: This Canadian study shows that as far as creating new jobs and generally decreasing unemployment, the way to go is increasing governmental infrastructure expenditures.
Robert Reich: The nation and Oba,ma remain hostage to the ideology of right-wing Republicans who won’t let the government spend more money. Yet if the government can’t spend more – at least this year and next, until the pump is primed and the economy is growing again – we won’t see job growth. And without job growth, the economy will remain anemic.
Robert Reich: Businesses are reluctant to spend more and create more jobs because there aren’t enough consumers out there able and willing to buy what businesses have to sell.
Tina Dupuy: “The rich create jobs” is a well-worn catch phrase from right-leaning political yappers who give this 1% all the credit when it comes to the financial health of the country. But the rich are not, in fact, the venerated “job creators.”
Ivan Eland: To keep with the bipartisan spirit after the Gabrielle Giffords’ assassination attempt and also to avoid partisan fighting over spending priorities, which will bog down and probably eventually kill any significant budget cuts, all government programs should be cut by 15 percent from last year’s budget level, including heretofore sacred defense and entitlement programs.
Joseph Palmero: If you like the way things are in the United States today — with Gilded Age levels of inequality, weak labor unions, low-wage service jobs for most of the workforce, and a public sector that’s dying on the vine — then you can thank Ronald Reagan.
Tom Hayden: It’s possible that Brown will take to blaming Washington’s priorities for California’s ills, but not any time soon. For now, he wants Californians to see themselves in the mirror.
John Peeler: “Winner-Take-All Politics” provides a well-documented analysis of how the United States government, since the 1970s, has systematically enriched the top one percent of the country at the expense of everyone else. Written by distinguished political scientists, Jacob Hacker and Paul Pierson, the book shows how big business interests ratcheted up their national organizations to defend their interests in national policy debates. In addition to employing far stronger lobbying, these interests created think-tanks such as the American Enterprise Institute and the Heritage Foundation, designed to challenge the liberal conventional wisdom of the New Deal and Great Society and replace it with an explicitly conservative, free-market-oriented way of thinking.
John Peeler: The fact is, neither liberals nor conservatives, neither Republicans nor Democrats, have the stomach for the major sacrifices that Simpson and Bowles are calling for, and it’s not at all clear that the public in general is ready either.
Robert Reich: The President says a Republican proposal to extend the Bush tax cuts to everyone for two years is a “basis for conversation.” I hope this doesn’t mean another Obama cave-in.
Robert Reich: Republicans are hell bent on demanding an extension of the Bush tax cut for their patrons at the top, or else they’ll pull the plug on tax cuts for the middle class. This is a gift for the Democrats.
Robert Reich: The economy needs two whopping corporate tax cuts right now as much as someone with a serious heart condition needs Botox.
Robert Reich: It’s nonsense to think of the economy heading downward again into a double dip when most Americans never emerged from the first dip. We’re still in one long Big Dipper.