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Entries by Robert Reich from 02/2011

Stocks Up, Houses Down, And What This Means for Most Americans

| Posted 02.02.2011 | Business

While Wall Street's bull market is making America's rich even richer, most Americans continue to be mired in a worsening housing crisis that the administration is incapable of stemming, and of which Wall Street has now seemingly washed its hands.

The Jobs Report, and America's Two Economies

| Posted 02.04.2011 | Business

At a time when corporate profits are through the roof, the Dow is flirting with 12,000, Wall Street paychecks are fat again, and big corporations are sitting on more than $1 trillion in cash, you'd expect jobs be coming back. But you'd be wrong.

Why the Republican Attack on "Job-Killing Regulations" Is Dumb

| Posted 02.09.2011 | Politics

The reason we have continued sky-high unemployment has nothing to do with excessive regulation. There was no sudden outpouring of federal regulation in 2007 before the economy tanked and millions lost their jobs.

The Obama Budget: And Why the Coming Debate Over Spending Cuts Has Nothing to Do With Reviving the Economy

| Posted 02.14.2011 | Politics

The best way to revive the economy is not to cut the federal deficit right now. It's to put more money into the pockets of average working families.

Why We Should Raise Taxes on the Super-Rich and Lower Them on the Middle Class

| Posted 02.15.2011 | Politics

It will soon become evident to most Americans that the only way to reduce the budget deficit, preserve programs deemed essential by the middle class, and not raise taxes on the middle, is to tax the top.

Budget Baloney: Why Social Security Isn't a Problem for 26 Years, and the Best Way to Fix It Permanently

| Posted 02.16.2011 | Politics

Deficit hawks are proclaiming Social Security one of the big entitlements that has to be cut in order to reduce the budget deficit. But this is all baloney.

The Republican Strategy

| Posted 02.18.2011 | Politics

The Republican strategy is to pit average working Americans against one another, distracting attention from the almost unprecedented concentration of wealth and power at the top.

The Coming Shutdowns and Showdowns: What's Really at Stake

| Posted 02.21.2011 | Politics

America is the richest nation in the world, and we've never been richer. There's no reason for us to turn on our teachers, our unionized workers, our poor and needy, and our elderly. The notion that we can no longer afford it is claptrap.

The Republican Shakedown

| Posted 02.24.2011 | Politics

The truth that Obama must tell the American people is that government spending has absolutely nothing to do with high unemployment, declining wages, falling home prices, and all the other travesties that continue to haunt most Americans.