Monday, October 17, 2011

7 Lies About the Economy – Robert Reich



Check out this incredibly brief tutorial from Robert Reich on seven false statements about the economy. Understanding these big lies is key to understanding how a conservative policy agenda has slowly killed our economy for three decades. Reich is former U.S. Secretary of Labor and a widely respected political economist.

Knowledge is power – let’s spread the truth:

DOT announces transit grants

The Department of Transportation will distribute almost a billion dollars in public-transit funding, officials announced Monday.

DOT said it was awarding $932 million in grants from the Federal Transit Administration’s Alternatives Analysis, Bus Livability, and State of Good Repair program, which was included in the FTA's 2011 budget.

Transportation Secretary Ray LaHood praised the investment, but said it was just a start. Congress should also pass President Obama's proposed American Jobs Act, he said, which includes $50 billion in transportation spending.

Left finds mojo in Wall Street protests

The Occupy Wall Street protests have energized liberals in Congress and all but silenced the left’s criticism of President Obama.

Liberals who have felt scorned and overlooked by the White House say they are rejuvenated by the protests launched from Zuccotti Park in Lower Manhattan, and hope that they provide Obama and liberal causes with new impetus and vigor.
“For those of us that have been taking those positions for a long time, it is a confidence booster, and I think that makes us a little more assertive,” said Rep. Raul Grijalva (D-Ariz.), co-chairman of the Congressional Progressive Caucus (CPC).

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