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Entries by Robert Reich from 09/2012

The Most Important Political News This Week

| Posted 09.05.2012 | Politics

The biggest political news this week won't be the Democratic convention. It will be Friday's unemployment report.

The Real Importance of Bill Clinton's Wonderfully Long Speech

| Posted 09.06.2012 | Politics

Bill Clinton's speech Wednesday night was very long but it was masterful -- not only in laying out the case for Barack Obama and against Mitt Romney and Paul Ryan, but in giving the American public what they most want and need in this election season: details, facts, and logic.

The Jobs Report and the Election

| Posted 09.07.2012 | Politics

I desperately want Obama to win. But the one thing his speech last night lacked was the one thing that was the most important for him to offer -- a plan for how to get the economy out of the doldrums.

The Biggest Economic Challenge of Obama's Second Term

| Posted 09.10.2012 | Politics

In accepting his party's nomination for president, Obama said the "basic bargain" that once rewarded hard work and gave everyone a fair shot had come undone. He's right. And the U.S. economy won't return to normal until that basic bargain is remade.

Moody's in a Mood

| Posted 09.12.2012 | Business

Apparently the credit rating agencies can't decide which is more dangerous to the U.S. economy -- cutting the U.S. budget deficit too quickly, or not having a plan to cut it at all.

Why Romney and Ryan Are Going Down

| Posted 09.16.2012 | Politics

Romney, Ryan, and the GOP don't seem to know how to satisfy their middle-aged white male base without at the same time turning off everyone who's not white, male, straight, or middle-aged. Unfortunately for Romney and Ryan, the people they're turning off are the majority.

Pourquoi Mitt Romney et Paul Ryan s'enfoncent-ils?

| Posted 09.18.2012 | France

ÉLECTIONS AMÉRICAINES - Les Républicains sont en train de rater le test vital de l'éligibilité. Au lieu de rassembler la plus large base d'électeurs, ils ne se reposent que sur une partie des Américains -des hommes blancs d'âge moyen- et s'aliènent tous les autres.

The Real Mitt Revealed

| Posted 09.19.2012 | Politics

Some of us thought Romney was without core or principle, an empty suit that would say anything to be elected. But, evidently, the real Mitt is a man whose core principle is clearly on display this week, and articulated with deep conviction: social Darwinism -- survival of the richest.

Four Reasons Why Romney Might Still Win

| Posted 09.20.2012 | Politics

For the last several days I've been deluged with calls from my inside-the-beltway friends telling me "Romney's dead." Hold it. Rumors of Romney's demise are premature.

What Mitt Romney Really Represents

| Posted 09.21.2012 | Politics

So much wealth and power have accumulated at the top of America that our economy and our democracy are seriously threatened. Romney not only represents this problem. He is the living embodiment of it.

The Two Major Views About Why Romney Is Losing, and Why the Second Is More Convincing

| Posted 09.25.2012 | Politics

Mitt Romney's failing isn't that he's a bad candidate. To the contrary, he's giving this GOP exactly what it wants in a candidate. And that's exactly the problem for Romney.

Repackaging Mitt

| Posted 09.26.2012 | Politics

What we're seeing in Ohio isn't a new Mitt Romney. It's a newly-packaged Mitt Romney. The real Mitt Romney is the one we saw on the videotape last week. And no amount of re-taping can disguise the package's true contents.

Romney's Goal for the Companies Bain Acquired: "Harvest Them at Significant Profit"

| Posted 09.27.2012 | Politics

2012-09-27-ScreenShot20120927at1.50.15PM.pngBain Capital wasn't in the business of creating jobs. It was in the business of creating profits. The two goals aren't at all the same.

Why the Election Will Turn Less on Wednesday's Presidential Debate Than on Friday's Jobs Report

| Posted 09.30.2012 | Politics

If the payroll survey is significantly more than 96,000 -- the number of new jobs created in August -- President Obama can credibly claim the job situation is improving. If significantly fewer than 96,000, Mitt Romney has the more credible claim that the economy isn't improving.