Dec08
Job numbers show why job-creation must take precedence over deficit reduction
on December 8th, 2012 at 6:00 am
Friday’s jobs report shows an economy that’s still moving in the right direction but way too slowly, which is why Washington’s continuing obsession with the federal budget deficit is insane. Jobs and growth must come first.
The cost of borrowing is …
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Dec06
The “fiscal cliff” is a a metaphor for a government that no longer responds to the biggest challenges we face because it’s paralyzed by intransigent Republicans, obsessed by the federal budget deficit, and overwhelmed by big money from corporations, Wall Street, and …
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Dec04
Democrats, here are eight principles to guide you in the coming showdown over the fiscal cliff:
ONE: HOLD YOUR GROUND. The wealthy have to pay their fair share of taxes. That’s what the election was all about, and …
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Dec02
…Why austerity economics hurts low-wage workers the most
What does the drama in Washington over the “fiscal cliff” have to do with strikes and work stoppages among America’s lowest-paid workers at Walmart, McDonald’s, Burger King, and Domino’s Pizza?
Everything.
Jobs are …
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Dec01
Opening positions on the cliff deal
So the bidding has begun.
According to the Wall Street Journal (which got the information from GOP leaders), the President’s opening bid to Republicans is:
— $1.6 trillion in additional tax revenues over the next decade, …
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Robert Reich
Robert Reich is Chancellor’s Professor of Public Policy at the University of California at Berkeley. He has served in three national administrations, most recently as secretary of labor under President Bill Clinton. He has written thirteen books, including The Work of Nations, Locked in the Cabinet, Supercapitalism, and his most recent book, Aftershock. His “Marketplace” commentaries can be found on publicradio.com and iTunes.