robertreich:

If the neocons in the GOP who brought us the Iraqi war and conjured up “weapons of mass destruction” to justify it are against Chuck Hagel for Defense Secretary, Hagel gets bonus points in my book.

They’re the hawkish, bellicose bunch in the Republican Party — William Kristol, Richard Perle,…

robertreich:

A week before his inaugural, President Obama says he won’t negotiate with Republicans over raising the debt limit.

At an unexpected news conference Tuesday he said he won’t trade cuts in government spending in exchange for raising the borrowing limit.

“If the goal is to make sure that we are…

robertreich:

The deal emerging from the Senate is a lousy one. Let me count the ways:

1. Republicans haven’t conceded anything on the debt ceiling, so over the next two months – as the Treasury runs out of tricks to avoid a default – Republicans are likely to do exactly what they did before, which is to…

robertreich:

“It’s not all I would have liked,” says Republican Senator Lindsey Graham of South Carolina, speaking of the deal on the fiscal cliff, “so on to the debt ceiling.”

The battle over the fiscal cliff was only a prelude to the coming battle over raising the debt ceiling – a battle that will likely…

robertreich:

Are House Republicans – now summoned back to Washington by Speaker John Boehner — about to succumb to public pressure and save the nation from the fiscal cliff?

Don’t bet on it.

Even if Senate Minority Leader Mitch McConnell cooperates by not mounting a filibuster and allows the Senate to…

robertreich:

Why is the President back to making premature and unnecessary concessions to Republicans?

Two central issues in the 2012 presidential election were whether the Bush tax cuts should be ended for people earning over $250,000, and whether Social Security and Medicare should be protected from…

robertreich:

What does the drama in Washington over the “fiscal cliff” have to do with strikes and work stoppages among America’s lowest-paid workers at Walmart, McDonald’s, Burger King, and Domino’s Pizza?

Everything.

Jobs are slowly returning to America, but most of them pay lousy wages and low if…

theeconomist:

Tomorrow’s cover today: why France could become the biggest danger to Europe’s single currency.

theeconomist:

Tomorrow’s cover today: why France could become the biggest danger to Europe’s single currency.

robertreich:

Don’t be distracted by January’s fiscal cliff or looming budget deficits. The central problem of our economy is widening inequality.

It’s reducing the purchasing power of the vast middle class on which job growth depends, and turning the economy into a speculative casino for…

robertreich:

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…