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thinkahol *

Yes, There Are Ways to Reduce Unemployment and Revive the Economy | Op-Eds & Columns - 0 views

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    As President Obama begins the second half of his term with a campaign for "jobs and competitiveness," we would do well to consider how he might achieve these worthy goals. It is jobs that matter most to the vast majority of Americans, and unemployment remains at 9.4 percent - about double its pre-recession level. This is a terrible punishment to inflict on millions of Americans who did nothing to deserve it. It will cause long-term and even permanent damage to many of the unemployed and their children.
thinkahol *

Robert Reich (The Rise of the Wrecking-Ball Right) - 0 views

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    Recently I debated a conservative Republican who insisted the best way to revive the American economy was to shrink the size of government. When I asked him to explain his logic he said, simply, "government is the source of all our problems." When I noted government spending had brought the economy out of the previous eight economic downturns, including the Great Depression, he disagreed. "The Depression ended because of World War Two," he pronounced, as if government had played no part in it.
thinkahol *

The Austerity Death Trap - 0 views

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    Call it the austerity death trap. Under these circumstances, the harder a country works to cut its debt, the worse the ratio becomes - because the economy shrinks even faster. Greece is already in the trap. Spain and Italy are perilously close. Even Britain, France, and Germany are tip-toeing up to it. And now us. Deficit hawks have to understand: The first step must be to revive growth and jobs. That way, revenues increase and the debt/GDP ratio drops. Only then - when the economy is back on track - do you start cutting.
thinkahol *

Battle for the Heart of the Occupy Movement - 0 views

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    Center for a Stateless Society Media Coordinator Tom Knapp, summarizing his experience with the Occupy St. Louis movement, reported a movement "with an ideological center of gravity somewhere in the neighborhood of 'mild reform Democrat.'"  Most of the people there, apparently, were basically Coffee Party people with better signs and slogans. They're probably not representative of the nationwide Occupy Together movement - the vibe coming from Occupy Wall Street, at least, is a lot more like Seattle. But there really is a contradiction in the movement between those who see it as part of a larger process of creating a new kind of society, and those who see it primarily as a source of pressure on the state to revive the New Deal or Social Democratic model.
Levy Rivers

Democrat president needed to restore U.S. reputation: delegates - 0 views

  • Alegi, 72, said Europeans are appalled by the Republican administration's willingness to set aside conventional civil rights for detainees captured in Iraq or Afghanistan. Ken Sherman, a Hamilton, Ont., resident who was selected as a delegate pledged to Barack Obama, said that when he visits Europe, he uses his Canadian rather than American passport because international anger over U.S. foreign policy. "In the last five years with George Bush, I don't pull out my American passport unless I need it." But Obama's rise has made Sherman, 71, prepared to embrace his American citizenship again. "Something has happened in the past two years that has made me proud to be an American again. People are rising up." Wayne Weightman, a 46-year-old Cambodian lawyer, came to Vancouver to support Barack Obama who, he believes, can revive respect overseas for America.
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