Robert Borosage: We experienced jobs growth in retail trade, construction and health care, but lost manufacturing jobs again last month (down 29,000). The economy keeps getting better, but most Americans don’t experience it.
ecently, news reporters have been sounding almost giddy, saying that unemployment is dropping, housing prices are rising and the stock market is growing to new highs. But, these reports do not ring true with what people see around them. When you look beyond the sunny headlines, the sad reality is mirage recovery. The economy is limping […]
Brent Budowsky: Obama needs to contemplate the possibility that his legacy will be “the jobless president.” He should fight to become “the jobs president.”
Walter Brasch: The American people broadly rejected Mitt Romney and Paul Ryan in 2010. They need to now reject Ryan’s so-called new budget that proves the Republicans are nothing more than the lackeys of corporate greed at the expense of the rest of us.
Johnny Townsend: Trying to recover from all the damage caused by water pollution and carbon emissions and other toxins will cost the country a great deal more than the short-term profits waiting to be made now.
Charley James: Democrats generally, and the President specifically, must forget trying to do deals with a party that has no interest in making one and shout from the rooftops that it’s time to spend money and put America back to work.
Steve Hochstadt: Despite the continuing economic disaster, despite lingering racism across white America, despite the daily uncertainties of the world outside our borders, Barack Obama wins again. His victory in 2012 means that Republican ideology is a failure.
Stephen Lendman: Monthly Labor Department (BLS) data report inaccurately. America’s broken jobs engine isn’t explained. The latest 7.8% unemployment rate is blarney. Based on the 1980s calculation model, real unemployment approaches 23%.
JP Sottile: We can talk cavalierly about the “paranoid style in American politics,” but just beyond the Birthers and latter-day Red Scarecrows who populate the Tea Party and Rep. Allen West’s townhall meetings, there is a deeper, darker secret that we all basically know and lament.
Nia-Malika Hendewrson and Rachel Weiner: Two days after Romney reignited his campaign with a winning debate performance, Republicans were struggling once again to find their footing after a positive September jobs report muted the campaign’s main talking point.
Robert Reich: RBoth Obama and Romney assume the recovery will continue, even at a slow pace, and that we’ll be back to normal at some point. But I’m not at all sure. “Normal” is what got us into this mess in the first place.
Heather Gautney: We need to start pressing for things that our politicians did NOT discuss at the conventions. Real solutions–like universal education, debt forgiveness, wealth redistribution, and participatory political structures—that would empower us to decide together what’s best. Not who’s best.
Steve Hochstadt: When Romney and the Republicans talk about cutting back on government, they mean much larger cuts in local government spending than what has happened so far.