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Budget Cuts Will Hurt Economy

Posted in Main Blog (All Posts) on August 31st, 2012 11:08 pm by HL

Budget Cuts Will Hurt Economy
Trumka & Bloomingdale, Philly Inquirer
SOLUTIONS to big problems don't fit on a bumper sticker. Working people need comprehensive and proven policies that will build shared prosperity for everyone in America who works hard and plays by the rules.It can't be a nip here or a tuck there. We need policies with the scale and boldness to turn around our economy, so it isn't run by and for the richest Americans any more.Good people can disagree, but America has not had honest and meaningful debate for a long time. Here are some ideas to consider.

Ryan & the GOP Medicare Killers
Paul Krugman, New York Times
Paul Ryan's speech Wednesday night may have accomplished one good thing: It finally may have dispelled the myth that he is a Serious, Honest Conservative. Indeed, Mr. Ryan's brazen dishonesty left even his critics breathless.Some of his fibs were trivial but telling, like his suggestion that President Obama is responsible for a closed auto plant in his hometown, even though the plant closed before Mr. Obama took office. Others were infuriating, like his sanctimonious declaration that "the truest measure of any society is how it treats those who cannot defend or care for…

Romney Shakes the Etch a Sketch
E.J. Dionne, Washington Post
Finally, Mitt Romney shook the Etch a Sketch. Having given conservatives everything they had asked for – from switching his positions on abortion and immigration to picking their favorite as his running mate — Romney turned Thursday night to his essential task: converting some President Obama’s 2008 supporters into Republican voters.At a convention where the rhetoric was harsh and often indifferent to facts and even the truth itself, Romney took the path of quiet persuasion. For the most part, he chose not to speak to the fervor and anger of political activists on the…

Obama Was Too Late to Save Janesville
Jennifer Granholm, Politico
June 3, 2008. It’s an important date in American history.On June 3, 2008, Sen. Barack Obama clinched enough delegates to win the Democratic nomination for president of the United States.On June 3, 2008, General Motors CEO Rick Wagoner announced that, because of shifting consumer purchases, four GM auto plants would close by 2010 or “sooner if demand dictates.” On his list was the SUV plant in Janesville, Wis.

RNC a Hard Act for Dems to Follow
Steve Huntley, Chicago Sun-Times
Republicans in their national convention in Tampa set a pretty high bar for the Democrats for their gathering in Charlotte next week. The GOP program kept to the great issues of jobs, taxes, spending and entitlements at the core of the nation’s economic malaise and stayed away from the character assassination tactics at the heart of Democratic strategy so far in this presidential race.Yes, President Barack Obama came in for a lot of tough talk for his policy failures crippling the country with the most anemic economic recovery in modern history. But absent were the reprehensive kind…

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