by Robert Reich | Apr 30, 2013 | Uncategorized
Economic forecasters exist to make astrologers look good. Most had forecast growth of at least 3 percent (on an annualized basis) in the first quarter. But we learned this Monday morning (in the Commerce Department’s report) it grew only 2.5 percent. That’s better...
by Robert Reich | Mar 22, 2013 | Back to Work Budget, Chained CPI, Too Big To Jail
Prominent Democrats — including the President and House Minority Leader Nancy Pelosi — are openly suggesting that Medicare be means-tested and Social Security payments be reduced by applying a lower adjustment for inflation. This is even before they’ve started budget...
by Robert Reich | Feb 14, 2013 | Blog
Part of the President’s State of the Union message and of his second term agenda apparently will focus on public investments in education, infrastructure, and basic R&D. That’s good news. But how do we fund these investments when discretionary spending is being...
