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Entries by Robert Reich from 01/2010

What's Ahead for the Economy and Politics in 2010

| Posted 01.05.2010 | Politics

Just about everything you'll start hearing come out of Washington will really be about November's midterm election. The gravitational pull of the midterms was already apparent last year, as Republicans marched in perfect lockstep to vote against whatever the president and Democrats proposed, but you haven't seen anything yet. Issue number one will be unemployment, and there are a number of possible scenarios for where we're headed on that front.

The Bad Job Numbers and the Secret Second Stimulus

| Posted 01.08.2010 | Business

The most painful political truth for Democrats is the nation won't possibly be out of this jobs hole by the presidential election of 2012, even if the recovery is vigorous. Just do the math.

The Final Question: Who Will Pay for Health Care?

| Posted 01.12.2010 | Politics

By taxing so-called Cadillac plans, the Senate bill would actually end up taxing the Chevy plans of a large portion of the middle class. And as time goes by, a still larger portion.

Why Obama Must Take On Wall Street

| Posted 01.13.2010 | Business

Five giant Wall Street banks now dominate US finance. Why isn't anyone discussing trust-busting? No one has offered a clear reason why such giant banks are important to the US economy. Logic and experience suggests the reverse.

Why Obama Is (Finally) Taking on Wall Street

| Posted 01.22.2010 | Politics

Democratscan't target big government because Republicans do that one better, especially when they're out of power. So what's the alternative? Wall Street.

What the 'I'm Mad as Hell' Party Could Do

| Posted 01.25.2010 | Politics

If the Mad-as-hell Party helps get money out of politics it will do a world of good. But if it just fulminates against the establishment, forget it. Wrecking balls are easy to wield. Rescuing our democracy is hard work.

Obama's Tiny Jobs Ideas for Main Street, A Big Spending Freeze for Wall Street

| Posted 01.26.2010 | Politics

Obama's three-year freeze on a most discretionary spending will make it impossible for him to do much of anything for the middle class that's important. Chalk up another win for Wall Street, another loss for Main.

Obama Needs To Teach The Public How to Get Out Of The Mess We're In, But He's Not

| Posted 01.28.2010 | Business

We need a second stimulus directed at states and locales. I wish our educator-in-chief would say that loud and clear, explain why, and then do it.