Carl Bloice: The average period of unemployment now exceeds 26 weeks, well above the previous peak in July 1983 of just 21.2 weeks. This is critical because the longer that people of any age are out of work, the less likely they are to find another job.
Steve Hochstadt: The calls to flatten the income tax, to eliminate welfare payments, and to repeal regulation of industry are about going back to an earlier America, where the rich and powerful could use their advantages without hindrance.
President Barack Obama: I believe that this country succeeds when everyone gets a fair shot, when everyone does their fair share, and when everyone plays by the same rules.
Robert Reich: When people ask me what Congress is likely to do I always say the same thing: The odds are in favor of nothing.
Robert Reich: Political elites are worried about thunder on the right and the left, but they show scant understanding of what these growing anti-establishment forces signify. Meanwhile, the nation drifts.
Robert Reich: Agreement or not, Washington is on the road to making budget cuts that will slow the economy, increase unemployment, and impose additional hardship on millions of Americans.
Leonard Isenberg: Did it really have to be so difficult or was this just a hidden incentive to debit card users to let the money just sit on the debit card, where B of A could continue making the float interest?
Robert Reich: So the best of all worlds is to have a big jobs plan now, and also commit to automatic cuts triggered when unemployment falls to 5 percent.
Seth Hoy: With an increasing unemployment rate of more than 12%, California legislators concluded that it “must pursue all avenues in facilitating and incubating job development and economic growth.”
Tina Dupuy: Politicians won’t take personal responsibility for the crisis – and so Occupy Wall Street has no choice but to be nonpartisan. Or just bipartisan in their frustration.
Steve Hochstadt: Republicans believe that continuing high unemployment will bring Obama down, so they want to preserve what they feel is their winning card: a bad economy.
Shamus Cooke: In response to Obama’s tax plans, progressive groups cheered and Republicans snarled; both reactions were consciously exaggerated.
Michele Waslin: Studies have shown that E-Verify is deeply flawed. Not only does it fail to detect unauthorized workers over half of the time, but it would erroneously flag millions of U.S. citizens and legal workers as not being work authorized.