nytimes.com — Election Day is approaching, but neither party cares to focus on the nightmare facing millions of Americans who have been laid low by unemployment, home foreclosures, personal bankruptcies, and jobs that offer only part-time work, lousy pay and absolutely no benefits.
Sometimes our political commentariat seems to go fashion-crazy. When a new trend gets popular it overwhelms everything in its path: logic, poltical divisions, even expert opinion. The latest vogue is deficit reduction, and our nation's Anna Wintours tell us we simply have to have it. In Washington, screaming about being in the red is the new black. more »
Authors and key endorsers of a statement warning political leaders of “a grave danger” that the still-fragile economic recovery will be undercut by conservative "austerity economics" give their views at a news conference call hosted by the Institute for America's Future. more »
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Over 300 economists and policy analysts just released a statement warning the Congress and the Administration that bold action is needed to put people to work and get the economy going. The statement - Don't Kill Jobs and Growth in the Name of Deficit Reduction - was released by the Institute for America's Future (which I co-direct) and is available here. http://dontkilljobs.org/
In the partisan election debate, with Tea Partiers ginning up hysteria about incipient socialism and out of control spending, the statement offers a series of common sense propositions.
Election Day is approaching, but neither party cares to focus on the nightmare facing millions of Americans who have been laid low by unemployment, home foreclosures, personal bankruptcies, and jobs that offer only part-time work, lousy pay and absolutely no benefits. 
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