CNN interview with Mark Weisbrot, Co-Director of the Center for Economic and Policy Research, and Shawn Tully of Fortune Magazine about America's debt.
Great point about the debt being unimportant in realtion to the loss of jobs. If the economy doesn't improve the debt will be unimportant, while, like roosevelt did, the debt can be the driving force to ignite the economy. As long as no future leaders decide to balance the debt on the back of the workingman.
Nice, give Fortune magazine a chance to respond to Mark, but no turn around. Anyway, good points.
eirefrance 6 months ago
/watch?v=W9gvTwMRgN8
Rick Wolff on the 'inconvenient truth' behind the Fortune Mag lickspittle's emphasis on 'productivity gains'.
The benefits of those already-realized and tremendous gains have gone straight to the top of the 'free market' pyramid scheme.
terpis 2 years ago
Great point about the debt being unimportant in realtion to the loss of jobs. If the economy doesn't improve the debt will be unimportant, while, like roosevelt did, the debt can be the driving force to ignite the economy. As long as no future leaders decide to balance the debt on the back of the workingman.
1danrobbins 2 years ago