Jeffrey Sachs of Columbia University Discusses Federal Budget Deal

[PolishAmericanDC]

Jeffrey Sachs change now. Back in the 1992 he did destroyed economy of Poland back in the 1992 to follow Milton Friedman

[PolishAmericanDC]

Jeffrey Sachs change now. Back in the 1992 he did destroyed economy of Poland

[beta447]

"A miserable step in the wrong direction." --- Tattoo this on the white house lawn.

[WilhelmDrake]

Sachs is a disgusting opportunist. He should not be listened to, he should be shunned.

There are good economists out there (Hudson, Keen, Mitchell, Wray, Baker, etc), Sachs is not one of them.

[UncleDaddysAbusedBoy]

Obama's proven it. Voting doesn't work. Revolution on the streets is the only political action worth while.

[akkonburike]

Globalization, neoliberalism. Climate change, Peak oil, Peak everything (limits of growth). The building 'climax' between China and the USA (these 'bottle-necks' are one big challenge -- Sachs HAS to know this). So, this one-in-a-generation challenge is supposed to be a unwinnable because Obama is (according to Sachs) 'lacking leadership skills'?! Then just buy Obama the best speech writer! Hire a Hollywood actor as 'leader' of the world!

[akkonburike]

Sachs, Krugman and Stigliz are the economist who stepped down on the 'anti-globalization' movement (we said no 2 nafta, no 2 neoliberalism and no 2 sweatshops -- the glory days from the protests of Seattle). But 'the three yanks' are even more dangerous as (delusional) apologists in chief: They tell progressives like Amy half-truths; Paint reactionary newspapers in different colors (Krugman); Or slipped thru (most dangerously so) as credible academic (Stigliz).

[akkonburike]

What is Jeffrey Sachs doing on Democracy Now?

[bulldogger]

Is this the same Jeffrey Sachs -- neoliberal shock therapist -- from Naomi Klein's book? If so, what's behind the dramatic shift in his thinking?

[gdhaliwal06]

@bulldogger He has realized that the emperical evidence does not correspond to the ideological, neoliberal view of economics and the world.

Believe me, I used to be a friedmanite--a free market zealot. But I've come to see the flaws in that thinking. While I still believe in a market-based economy, private property, and economic freedom, I also believe in pragmatic government intervention in the economy to accelerate growth, limit recessions, and achieve some degree of equity.

[jag10]

Pawn of the finance oligarchs new and improved sustainability solution.

[RedGaribaldi]

I've said it before and I'll say it again:

Obama = America's Tony Blair.