The State of Confusion on Egypt
Posted in Main Blog (All Posts) on February 14th, 2011 5:32 am by HL
The State of Confusion on Egypt
Jack Kelly, Pittsburgh Post-Gazette
Obama Budget, Debt Limit Set Stage for Fight
Tom Diemer, Politics Daily
It's crunch time. With deficit hawks hovering, President Obama will offer his 2012 budget Monday, a spending package likely to include enough cuts to offend liberals, but not enough to mollify conservatives. But that's just an opener. House Republicans, facing an early March deadline to finish business on the current budget, are also feeling the heat — both from tea party activists and from penny pinchers among the broader membership.
Obama, GOP in Different Galaxy on Budget
E.J. Dionne, Washington Post
Economy’s Fate Rides on Main St., Not Wall St.
Robert Reich, SF Chronicle
At a time when corporate profits are through the roof, the Dow has reached 12,000, Wall Street paychecks are fat again, and big corporations are sitting on more than $1 trillion in cash, you'd expect jobs to be coming back. But you'd be wrong.The U.S. economy added just 36,000 jobs in January, according to the Bureau of Labor Statistics. Unusually bad weather could have accounted for some of the reluctance of employers to hire. But even considering the weather, the economy is still terribly sick.
Government Gone Wrong
Robert Samuelson, Newsweek
WASHINGTON — Vice President Joe Biden, an avowed friend of good government, is giving it a bad name. With great fanfare, he went to Philadelphia the other day to announce that the Obama administration proposes spending $53 billion over six years to construct a “national high-speed rail system.” Translation: the administration would pay states $53 billion to build rail networks that would then lose money — not a little, but lots — and, thereby, aggravate the budget squeezes of the states or federal government, depending on which covered the deficits.There's something wildly…