March 20th, 2012
The Republicans really have nothing to offer. No legitimate economic policies, no sensible military strategies and dwindling chances come November. Since late last year, every week has brought new lows and ever diminishing returns in the GOP's presidential blood-feud. What does this mean? It's time for more phony tax cut/program slashing!
As Robert Reich writes:
"All that matters is the headlines.
"House Republican Budget to Propose Lower Income Tax Rates," says Bloomberg Businessweek. "Republican Budget Plan Seeks to Play Up Tax Reform," says Reuters. "GOP's Budget Targets Taxes," blares the Wall Street Journal.
Presto. Republicans have gotten what they wanted on the basis of saying absolutely nothing."
Indeed.
Showing posts with label Robert Reich. Show all posts
Showing posts with label Robert Reich. Show all posts
Tuesday, March 20, 2012
Monday, February 27, 2012
Quote Of The Day - Here and Now Edition
Feb 27th, 2012
"A party of birthers, creationists, theocrats, climate-change deniers, nativists, gay-bashers, antiabortionists, media paranoids, anti-intellectuals and out-of-touch country clubbers cannot govern America."
--Robert Reich
"A party of birthers, creationists, theocrats, climate-change deniers, nativists, gay-bashers, antiabortionists, media paranoids, anti-intellectuals and out-of-touch country clubbers cannot govern America."
--Robert Reich
Friday, February 24, 2012
One More Time... Gas Prices Edition
Feb 24th, 2012
It's the speculation in commodities markets which is to blame for the recent explosion in gas prices.
Period.
While the "conservative" media is blaming the President, the irony here is that the solution is the exact sort of regulation his detractors would scream bloody "Communism" over.
Kevin G. Hall lays out the facts:
"U.S. demand for oil and refined products — including gasoline — is down sharply from last year, so much that United States has actually become a net exporter of gasoline, unable to consume all that it makes.
Yet oil and gasoline prices are surging.
On Tuesday, oil rose past $106 a barrel and gasoline averaged $3.57 a gallon — thanks again in no small part to rampant financial speculation on top of fears of supply disruptions."
It's the speculation in commodities markets which is to blame for the recent explosion in gas prices.
Period.
While the "conservative" media is blaming the President, the irony here is that the solution is the exact sort of regulation his detractors would scream bloody "Communism" over.
Kevin G. Hall lays out the facts:
"U.S. demand for oil and refined products — including gasoline — is down sharply from last year, so much that United States has actually become a net exporter of gasoline, unable to consume all that it makes.
Yet oil and gasoline prices are surging.
On Tuesday, oil rose past $106 a barrel and gasoline averaged $3.57 a gallon — thanks again in no small part to rampant financial speculation on top of fears of supply disruptions."
Friday, October 14, 2011
Monday, August 8, 2011
Reich Analogizes
Aug 8th, 2011
How did we get here? Reich has an analogy:
"Imagine your house is burning. You call the fire department but your call isn’t answered because every fire fighter in town is debating whether there will be enough water to fight fires over the next ten years, even though water is plentiful right now. (Yes, there’s a long-term problem.) One faction won’t even allow the fire trucks out of the garage unless everyone agrees to cut water use. An agency that rates fire departments has just issued a downgrade, causing everyone to hoard water."
How did we get here? Reich has an analogy:
"Imagine your house is burning. You call the fire department but your call isn’t answered because every fire fighter in town is debating whether there will be enough water to fight fires over the next ten years, even though water is plentiful right now. (Yes, there’s a long-term problem.) One faction won’t even allow the fire trucks out of the garage unless everyone agrees to cut water use. An agency that rates fire departments has just issued a downgrade, causing everyone to hoard water."
Monday, August 1, 2011
Quote Of The Day - Here and Now Edition
August 1st, 2011
"Anyone who characterizes the deal between the President, Democratic, and Republican leaders as a victory for the American people over partisanship understands neither economics nor politics."
-- Robert Reich
-- Robert Reich
Thursday, July 28, 2011
Government of S&P, By S&P and For S&P
July 28th, 2011
A number of analysts are finally getting around to asking some very sensible questions regarding the power and influence of Moody’s, Fitch, and Standard & Poor’s in the debt limit boondoggle.
Although we probably should have started this conversation months ago, it's better late than never. Robert Reich draws attention to the fact that the "$4 trillion in savings" figure we've been hearing Republicans insist upon day after day is a target specifically set by S&P, an unelected private firm.
Although we probably should have started this conversation months ago, it's better late than never. Robert Reich draws attention to the fact that the "$4 trillion in savings" figure we've been hearing Republicans insist upon day after day is a target specifically set by S&P, an unelected private firm.
Wednesday, July 6, 2011
Reich On Where We've Been... And Where We're Going
July 6th, 2011
Indeed. Whatever did happen to the concept of "joint prosperity?"
Indeed. Whatever did happen to the concept of "joint prosperity?"
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