The middle class isn't spending because the values of their homes have plummeted, they've lost much of their savings, and their wages are dropping. Reich argues that Obama has a way to correct this, or at least not make it worse.
President Obama did not deliver the kind of 'Yes we can' speech last night that wowed Germans four years ago. But most Germans are still eager to cheer for him ahead of November elections.
The Monitor's Warren Richey was in Tampa, Fla., last week, cameras in hand, to capture the wacky theater that is a political convention. The GOP convention you saw on TV was the scripted version. There's oh so much more.
In last night’s acceptance speech, Mitt Romney sketched out his personal biography and delivered an effective brief on why we shouldn’t reelect President Obama. But, oddly, when it came to taxes he was nearly silent.