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Why we should stop obsessing about the federal budget deficit

Robert Reich, professor of public policy | November 19, 2012

I wish President Obama and the Democrats would explain to the nation that the federal budget deficit isn’t the nation’s major economic problem and deficit reduction shouldn’t be our major goal. Our problem is lack of good jobs and sufficient growth, and our goal must be to revive both. Deficit reduction leads us in the … Continue reading »

Newt’s tax plan — and why his polls rise the more outrageous he becomes

Robert Reich, professor of public policy | December 14, 2011

Newt Gingrich has done it again. With his new tax plan he has raised the bar from irresponsibility to recklessness. Every dollar estimate I’m about to share with you comes from the independent, non-partisan Tax Policy Center – a group whose estimates are used by almost everyone in Washington regardless of political persuasion. First off, Newt’s … Continue reading »