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View Diary: This battle is about the size of government not deficits and debt says Robert Reich (59 comments)

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  •  Dean Baker has an op-ed on CNN today, same (14+ / 0-)

    topic and point but he makes the case more as a lack of growth (something which Katrina van denHeuvel has been saying ad nauseum)

    President Barack Obama has an opportunity to show real leadership. He should explain to the public the basic facts that all budget experts know: We do not have a chronic deficit problem. The big deficits are the result of collapsed economy. The priority of the president and Congress must be to put people back to work and bring the economy back up to speed.

    "I'm sculpting now. Landscapes mostly." ~ Yogi Bear

    by eXtina on Thu Jan 03, 2013 at 05:59:48 PM PST

    •  I'M NOT SHOUTING AT YOU (5+ / 0-)

      but shouting


      I heard some of Michael Hudson on the radio recently. He was saying Obama, the Democratic Centrists, are neo-liberals. And the neo-liberal idea is that "we have to make the US worker competitive in the global marketplace."

      So that means lower wages. And the way you get to lower wages, is through high unemployment for a long time.

      I hear this and think: Meanwhile, the bar for wages is set by nations using, quite literally, slave labor, and one-foot-from-slave labor. And conservatives want lower wages for higher profits (and also probably from contempt.)"

      Add them together and you get this truly head-shaking dissonance, where Democrats are talking the deficit talk, the Republican's talk, when the voters are writhing in thirst for "Jobs! Jobs! Jobs! and here's how."

      Can't pass it this Congress? Push it, best chance for sweeping majorities in the next Congress and pass it then.

      Deficit fixed. Economy fixed. Safety-net fixed. Most of all: 40 to 150 million lives raised from near-despair and lower.

      Politics 101. National Security 101!

      Now, I don't know if this is what Obama subscribes to, but I think Hudson is spot on about Neo-Lib thinking. Because they are "Big Picture, I Grok the World," people, and to those types, when you make an omelet you have to break some eggs.

      A smooth-running business world with hundreds of millions of eggs laying about would be the object.

      The Internet is just the tail of the Corporate Media dog.

      by Jim P on Thu Jan 03, 2013 at 08:45:46 PM PST

      [ Parent ]

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