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Entries by Robert Reich from 10/2011

The American Jobs Depression, and How to Get Out of It

| Posted 10.01.2011 | Politics
Read More: Politics News

The Reverend Al Sharpton and various labor unions have announced a March for Jobs. But I'm afraid we'll need more than marches to get jobs back.

Follow the Money: Behind Europe's Debt Crisis Lurks Another Giant Bailout of Wall Street

| Posted 10.05.2011 | Business

If Greece goes down, investors will flee Ireland, Spain, Italy, and Portugal. All of this sends big French and German banks reeling. If one of these banks collapses, or show signs of major strain, Wall Street is in big trouble.

The Wall Street Occupiers and the Democratic Party

| Posted 10.09.2011 | Politics

Will the Wall Street Occupiers morph into a movement that has as much impact on the Democratic Party as the Tea Party has had on the GOP? Maybe. But there are reasons for doubting it.

The Seven Biggest Economic Lies

| Posted 10.11.2011 | Politics

Demagogues through history have known that big lies, repeated often enough, start being believed unless they're rebutted. These seven economic whoppers are just plain wrong. Here's why.

The Triumph of Dogma, and a Sad Goodbye to David Frum

| Posted 10.14.2011 | Media

David Frum's departure from Marketplace is a sad commentary on what's happening to public discourse in America. The American public doesn't want or need to hear "representatives" from the so-called right or left. It wants insight into what's best for America.

The Rise of the Regressive Right and the Reawakening of America

| Posted 10.16.2011 | Politics

Eric Cantor, Paul Ryan, Rick Perry, Michele Bachmann and the other tribunes of today's Republican right aren't really conservatives. Their goal isn't to conserve what we have. It's to take us backwards.

The Meagerness of the GOP Debates, the Smallness of the President's Solutions, and the Need for a Progressive Alternative

| Posted 10.18.2011 | Politics

The nation needs a real jobs plan, one of sufficient size and scope to do the job. But without energized, mobilized, and organized progressives, even the best people in Washington can't overcome the monied interests.

The Austerity Death Trap

| Posted 10.19.2011 | Politics

Unless the GOP agrees to a budget deal before year's end, the payroll tax cuts and extended unemployment benefits we have now will end. The scale of this fiscal contraction would be almost unprecedented.

The Flat-Tax Fraud, and the Necessity of a Truly Progressive Tax

| Posted 10.22.2011 | Politics

Simple fairness requires three things: More tax brackets at the top, higher rates in each bracket, and the treatment of all sources of income (capital gains included) exactly the same.

Why We Shouldn't Be Selling the Right to Live in America

| Posted 10.25.2011 | Business

If the Schumer-Lee bill becomes law, the easiest way for a foreigner to live in America will be to plunk down $500,000 for a piece of property.

Wall Street Is Still Out of Control -- Obama Should Call for Glass-Steagall and a Breakup of Big Banks

| Posted 10.26.2011 | Business

Next week President Obama travels to Wall Street where he'll demand that financial regulations be strengthened and big banks be broken up. I'm kidding. But that would be a smart move -- politically and economically.

The Occupiers' Responsive Chord

| Posted 10.31.2011 | Politics

The old view was anyone could make it in America with enough guts and gumption. As Herman Cain still says "if you don't have a job and you're not rich, blame yourself." But Cain's line isn't hitting a responsive chord.