Under every previous President government spending and hiring propped up the economy until recovery was underway. Republicans as well as Democrats understood this is how it has to be done. Until now.
Leo nailed the key point about the trade deals we have gotten ourselves into. We have not yet found ourselves in a good, balanced trade deal. In all of the trade deals we have made, the country has lost money and has lost jobs.
Did the "stimulus" work? Republicans claim the stimulus was a failure, a waste of money, and was the reason the deficit soared. So let's see what happened. And I do mean "see."
Why should Democrats hold out and demand a continuation of unemployment benefits? Because if Republicans force another shutdown, it's game over for them – and they know it.
Today is a national day of action to support public education. Across the country parents, educators and more than 100 community groups are coming together for this National Day of Action.
Fast Track should be as much of an electoral test for progressives as Social Security is. Progressives have to make this a line that cannot be crossed. This is about democracy vs big-corporate dominance of our economy and society.
The US has run trade deficits since the late 1970s. Did the trade deficit cause the "decoupling" of wages and productivity that led to the decline of our middle class?
Ever since the Reagan tax cuts the country has been deferring essential maintenance. Everyone said, "If you do this, later you'll be sorry." Now it's later, and we're really sorry.
The right way to cut spending on government assistance is to decrease the need for that assistance, not cut assistance for those in need. Raising the minimum wage boosts the economy and cuts government spending on food stamps and other programs.
Will the media whip the public up into a fit over the terrible state of the nation's infrastructure? What about the millions of unemployed (and how they could get jobs if we start fixing the infrastructure)? Fat chance.
This is that time of year when newspapers bother to write about how there are hungry people in America. But this year is special. As the recession drags on for the non-1%, cuts in Food Stamps have completely swamped the capacity of food banks.
Congress is again fighting over the budget with Republicans demanding cuts in federal employee benefits. Is this really about the budget? Or is it about destroying government? Meanwhile hundreds of billions of taxes owed remain uncollected.
Last week Senate Democrats (finally) started to change the game by changing the filibuster rules. What happens next? With the right changes we could finally get progressive legislation passed, like expanding Social Security.
The strategy is clear: obstruct everything, make government fail, then run against failure. Cause the problem and present yourself as the solution to the problem.
In America who is the boss of who? Are company CEOs the boss of We the People? In Switzerland the voters made it clear. Here we can't even enforce a law requiring companies to disclose the ratio of CEO to worker pay.
There is a certain credibility that comes from academic-sounding "studies" and "reports" from actual "institutes." But in this case the self-serving "reports" come from what appear to be corporate PR and lobbying firms, not real think tanks.
Wall Street and corporate conservatives have the money to scare people into worrying about the wrong deficit, but it is the trade deficit that is the problem that is holding back the economy.
If this agreement becomes law it will fundamentally alter the relationship between our government, other governments and giant multinational corporations. But the only reason we get to even read it at all is because it was leaked to Wikileaks.