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Entries by Robert L. Borosage from 04/2012

The Zombie Rises: The Return of Simpson-Bowles

| Posted 04.19.2012 | Business

With interest rates near zero, a decrepit infrastructure that must be rebuilt and a construction industry flat on its back, anyone with a whit of business sense would finance a massive Rebuild America program over the next few years, put people back to work, and build the sinews vital for a more competitive economy. Right now, the focus should be on putting people back to work and getting the economy moving. Until that happens, austerity -- as Europe is now experiencing -- is a contagion, not a cure.

Romney's Big Lie

| Posted 04.25.2012 | Politics

Mitt Romney opened the general election campaign last night in Manchester, New Hampshire, using his acceptance speech to unleash a fierce attack on Barack Obama's "false promises and failed leadership." He said little about his own policies, preferring to contrast his free enterprise vision with what he called Obama's government-centered vision. After the absurd charge that under Obama, we will have "effectively ceased to be a free enterprise economy," Romney made his defense of privilege: "Those who promise to spread the wealth around only ever succeed in spreading poverty." What world is he living in?