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View Diary: If Robert Reich Screams In The Forest . . . (121 comments)

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  •  Krugman is consistent (14+ / 0-)

    and things usually end up as bad as he predicts as the GOP keeps pushing for cuts.  As he points out, even Bernanke is now sending the same message - we need to hire people to grow the economy.

    Krugman also gives Obama some criticism for his desire to cut SS and Medicare benefits without bothering to tackle the real problems related to health care costs.  He gives faint praise to the GOP for not taking up Obama's offer to make these cuts.

    It's craziness all around.  Hopefully Obama is learning something from all the deficit foolishness that the GOP is forcing on him.  At some level, I think Obama has always believed the austerity BS as good for the economy.  Maybe now he'll finally accept that growth in spending is the only way to stimulate the economy.

    I hope.

    It is an old strategy of tyrants to delude their victims into fighting their battles for them. FDR

    by Betty Pinson on Sat Mar 02, 2013 at 08:57:26 AM PST

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    •  He won't. The NeoLiberals hold that (16+ / 0-)

      we have to "compete in the global marketplace," and the President has repeated those words himself, and often.

      That means "compete with the wages paid to slaves and near-slaves." That means unemployment has to go on for another ten years or so to drive down wages here. So that we can "compete."

      The Conservatives love the idea of slave-wages; the NeoLiberals have a Realpolitick (i.e., "moral imbecile") acceptance of Big Money's premises and don't love the idea of slave-labor, just accept that that's the way things are.

      Hence, there is hardly a Democratic Leader who does anything concrete to end, or even relieve, unemployment in the US, though there's lip service now and then. It certainly isn't even talked about as much as the "deficit problem" which only exists in the imaginations of politicians.

      The argument that "Republicans will obstruct" would force a logical person to say "well, propose a massive jobs creation program, and win in 2014." Instead we're getting "let's alienate the voters so we can say we made a miserable deal, but at least it was a deal."


      We live in a nation where doctors destroy health; lawyers, justice; universities, knowledge; governments, freedom; the press, information; religion, morals; and our banks destroy the economy. -- Chris Hedges

      by Jim P on Sat Mar 02, 2013 at 09:53:50 AM PST

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    •  He is our Cassandra. (3+ / 0-)

      What a shame, both for him and for us.

      "The only thing we have to fear is fear itself."........ "The test of our progress is not whether we add more to the abundance of those who have much; it is whether we provide enough for those who have too little." (yeah, same guy.)

      by sidnora on Sat Mar 02, 2013 at 02:02:15 PM PST

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