Tuesday, September 7, 2010

Robert Reich (The Real Lesson of Labor Day)

Note that (on average) earn LESS now than they did 30 years ago. Women with young children have had to go to work to support the family, and we've all had to work longer hours to keep up with inflation and spending.

We spend more on healthcare than any other Western nation. Our education system is foundering. And Obama is proposing two huge corporate tax breaks. Really?!

The right wants to renew Bush's tax cuts for the wealthiest but also wants to cut the deficit at the same time (with what?!?)

Businesses have capital, but don't want to spend it. Banks have funds, but are keeping credit super tight (after we bailed their lousy arses out of failure - spectacular failure that they worked so hard to earn).

Robert Reich (The Real Lesson of Labor Day)

1 comment:

Circle Blue said...

It is funny how reasonable Robert Reich's proposals are, yet will they come to be? I suspect not. They sound too "socialist". Sadly, concern for the commonweal has somehow become socialist, or worse yet, European. Oh well, we can continue to hope, but I'm beginning to turn into a pessimistic, irascible, old fart.