The Voices

Quotable Quotes

A Tale of Two Economies

- Barbara Ehrenreich
Submitted by Robert Dorst2 (not verified)
January 23rd, 2008
"We have become so unequal as a nation that we increasingly occupy two different economies -- one for the rich and one for everyone else -- and the latter has been in a recession, if not a depression, for a long, long time. Not all economists can bring themselves to admit this."

   9 January 2008 Source

Barbara Ehrenreich. "Recession, Who Cares?" Huffington Post. http://www.huffingtonpost.com/barbara-ehrenreich/recession-who-cares_b_8...

The Economic Pains of the Middle Class

- Representative Nancy Pelosi
Submitted by Robert Dorst2 (not verified)
January 14th, 2008
"Middle-class Americans’ paychecks are flat or dropping, while health care costs continue to rise and home heating costs are skyrocketing. U.S. trade deficits and the borrowing from China to fund tax cuts will have real and harsh impacts on future generations."

    Source

Robert L. Borosage, Robert Loper, et al. Straight Talk: Common Sense for the Common Good. http://ourfuture.org/straighttalk.

A Stronger Voice for Workers

- Senator Edward Kennedy
Submitted by Robert Dorst2 (not verified)
January 14th, 2008
"It’s time to return to a world where workers obtain their fair share of the nation’s economic growth. The best way to do so is to give them a stronger voice in the workplace…"

   27 March 2007 Source

Robert L. Borosage, Robert Loper, et al. Straight Talk: Common Sense for the Common Good. http://ourfuture.org/straighttalk.

The Growing Gap Between Consumers and Corporations

- Senator Hillary Clinton
Submitted by Robert Dorst2 (not verified)
January 14th, 2008
"And let’s be clear. It’s not as if America hasn’t been successful economically these past years. But the measure of success doesn’t relate what’s happening in households across our country, because, while productivity and corporate "

    Source

Robert L. Borosage, Robert Loper, et al. Straight Talk: Common Sense for the Common Good. http://ourfuture.org/straighttalk.

More Quotable Quotes

Progressive Opinion

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Fed’s $1.6 Trillon Bet

By Charles R. Morris
From washingtonindependent.com
October 15th, 2008
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Submitted by OurFuture.org Staff

washingtonindependent.com — Amid the clamor over the crisis on Wall Street, the U.S. Treasury’s $700 billion Troubled Asset Rescue Program, or “TARP,” bill and the evolving collapse of the global banking system, little attention has been paid to the extraordinary credit extensions at the Federal Reserve. But these are now without parallel in Fed history, including during the Great Depression.

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Stimulus Plan: The Need and the Size

By Robert Reich
From robertreich.blogspot.com
January 7th, 2009
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Submitted by OurFuture.org Staff

robertreich.blogspot.com — The core problem we face is not access to capital. The Treasury has already flooded Wall Street and the banking system with money. The core problem lies on the demand side. American consumers, whose purchases represent 70 percent of the economy, do not have the purchasing power to maintain overall demand for American goods and services. We are caught in a vicious cycle.

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Black Middle Class in Crisis

By Zenitha Prince
From news.newamericamedia.org
January 7th, 2009
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Submitted by OurFuture.org Staff

news.newamericamedia.org — The adage that when America sneezes, Black America catches a cold has held true, making it almost inevitable that African Americans would bear the brunt of the country’s financial woes.

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$3.43 Trillion & Counting

By Nomi Prins
From motherjones.com
January 7th, 2009
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Submitted by OurFuture.org Staff

motherjones.com — The real cost of the Wall Street bailout.

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Free Market Myth

By Dean Baker
From bostonreview.net
January 7th, 2009
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Submitted by OurFuture.org Staff

bostonreview.net — Conservatives do not necessarily desire less regulation, nor do liberals necessarily desire more. Conservatives support regulatory structures that cause income to flow upward, while liberals support regulatory structures that promote equality. “Less” regulation does not imply greater inequality, nor is the reverse true.

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News Flash: Americans Still Like Unions!

By Dick Meister
From alternet.org
January 7th, 2009
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Submitted by OurFuture.org Staff

alternet.org — Most Americans support the labor movement despite loads of anti-union corporate propaganda.

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Stimulus Time: The Fierce Urgency of Now

By Mark Weisbrot
From cepr.net
January 6th, 2009
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Submitted by OurFuture.org Staff

cepr.net — Nobody needs to be told that our economy is going down the tubes at a rate unseen for decades. To arrest this downward spiral, the Obama team is talking about an economic stimulus package of about $800 billion over two years. Some are complaining that this is too much. But it is actually not so large considering the size of the problem we are facing.

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Pssst, the Economy Is Collapsing -- Don't Tell Congress

By Dean Baker
From huffingtonpost.com
January 6th, 2009
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Submitted by OurFuture.org Staff

huffingtonpost.com — Remember when the Wall Street boys needed their TARP bailout in the fall? President Bush and his crew, together with the Democratic congressional leadership, with a huge chorus of media cheerleaders, all told us that the economy would collapse without immediate action. That is almost true now in the case of stimulus.

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