The bailout of AIG has claimed $170 billion of taxpayer money, some of which is going to executive bonuses. But commentator Robert Reich says it wouldn't be nearly as awful if the Wall Street bailout was actually working.
After living more than a quarter century under the trickle-down philosophy of Reaganomics, Obama's economic plan is a clear departure. Commentator Robert Reich explores how and why Obamanomics can work.
Taxpayers are paying billions to protect the Big Three, who make up the American auto industry. But commentator Robert Reich says we should reconsider what that industry really is as the Big Three continue to cut American jobs.
Republicans and some Democrats want more tax cuts and less spending in the stimulus package. It's a popular position, but commentator Robert Reich says the focus needs to be on what's good for the economy as a whole.
President Obama's stimulus package may be too much debt for the comfort of some in Congress. Commentator Robert Reich says he can choose that route, or go for less money and more congressional support.
With a new president comes a flurry of new proposals for everything from economic revival to climate change. But commentator Robert Reich warns that the core problems must be addressed if we want any other change to be effective.
Wall Street and Detroit are undergoing a lot of changes as a result of the economic downturn. But commentator Robert Reich says they might not want that, as some see the industries' problems as cyclical, not structural.
There's been a lot of talk about how much it will cost to keep the Big Three automakers in business. But Commentator Robert Reich says there's more on the line than just money.
Congress and the Obama administration are preparing a new stimulus plan likely to be signed as soon as the new president is sworn in. Commentator Robert Reich has a few suggestions for keeping the money out of corporate welfare.
Is another stimulus package what the U.S. needs right now? Commentator Robert Reich says yes — and about $600 billion will be just enough to put Americans back to work and invest in future productivity.
Wall Street rescue plan needs rescuing
The bailout of AIG has claimed $170 billion of taxpayer money, some of which is going to executive bonuses. But commentator Robert Reich says it wouldn't be nearly as awful if the Wall Street bailout was actually working.
Introducing the era of Obamanomics
After living more than a quarter century under the trickle-down philosophy of Reaganomics, Obama's economic plan is a clear departure. Commentator Robert Reich explores how and why Obamanomics can work.
Americans make autos, not Big Three
Taxpayers are paying billions to protect the Big Three, who make up the American auto industry. But commentator Robert Reich says we should reconsider what that industry really is as the Big Three continue to cut American jobs.
The best way to move the economy
Republicans and some Democrats want more tax cuts and less spending in the stimulus package. It's a popular position, but commentator Robert Reich says the focus needs to be on what's good for the economy as a whole.
Smaller stimulus for a unified Congress
President Obama's stimulus package may be too much debt for the comfort of some in Congress. Commentator Robert Reich says he can choose that route, or go for less money and more congressional support.
Focus on the core problems first
With a new president comes a flurry of new proposals for everything from economic revival to climate change. But commentator Robert Reich warns that the core problems must be addressed if we want any other change to be effective.
Still reluctant to change after fallout
Wall Street and Detroit are undergoing a lot of changes as a result of the economic downturn. But commentator Robert Reich says they might not want that, as some see the industries' problems as cyclical, not structural.
In financial crisis, it’s still a democracy
There's been a lot of talk about how much it will cost to keep the Big Three automakers in business. But Commentator Robert Reich says there's more on the line than just money.
Three rules for Obama’s stimulus plan
Congress and the Obama administration are preparing a new stimulus plan likely to be signed as soon as the new president is sworn in. Commentator Robert Reich has a few suggestions for keeping the money out of corporate welfare.
We need more government spending
Is another stimulus package what the U.S. needs right now? Commentator Robert Reich says yes — and about $600 billion will be just enough to put Americans back to work and invest in future productivity.