Progressive Opinion

Lifespan Gap Highlights American Inequality

independent.co.uk — Despite an almost cult-like devotion to the belief that unfettered free enterprise is the best way to lift Americans out of poverty, a new report points to a rigged system that does little to lessen inequalities.

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The Idiocy of Deregulation

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tpmcafe.talkingpointsmemo.com — Okay, markets are useful in many places; but the ideological propaganda that weakening regulation on powerful economic actors will help consumers has been proven wrong time and again.

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Fannie's Real Lesson

huffingtonpost.com — The lesson is about this old and ignored government truism: The worst scandals are the ones that are perfectly legal.

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The Do-It-Yourself Economy

alternet.org — The axis of this evil isn't really globalization, it's privatization. Consider all the major jobs that have now become part of our personal portfolio.

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Getting the Economy from Vicious to Virtuous

huffingtonpost.com — Policies founded upon lies rarely work. The economy has deteriorated, and will continue to spiral downward, but the reasons for the vicious cycle have been ignored, and thus the cures not even discussed. That represents a victory for the radical rightwing ideologues and a major defeat for the people of the United States.

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Portrait of a Panic

thenation.com — The American economy has not been in such serious trouble in seventy-five years. You cannot expect government officials to say that, however. Commerce, like religion, depends on faith.

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The Real Legacy of the ‘Reagan Revolution’

truthdig.com — Hows about some 'tough love' for those bankers suddenly in trouble? Or the sink-or-swim approach of 'welfare reform," to end their addiction to government handouts? Or, perhaps a heavy dose of "faith-based" personal responsibility initiatives to get those knaves who messed up our entire housing market back on the straight and narrow? Ridiculous. Nothing but the bleeding-heart, big-government, throw-money-at-the-problem approach will do when it comes to salvaging corrupt corporations.

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Irresponsible Bush Clueless on the Economy

progressive.org — With the stock market sliding down around the 11,000 marker, with unemployment up, and gas prices up, and food prices up, and home foreclosures up, Bush acknowledged, in his usual perfunctory manner, that "these are tough economic times for the American citizens." But what does he know?

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Drilling Without Oil, Tax Cuts Without Growth

truthout.org — It is absurd for McCain to present himself as the candidate of jobs and growth. We are doing his policies now. They don't work.

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Drill Here? Shill Here.

gristmill.grist.org — "Green conservative" Newt Gingrich is delivering his "Drill here, drill now, pay less" petition to Congress. Who's funding the campaign that Gingrich is touting as a grassroots, bipartisan effort?

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