There is no alternative?
You may remember Goolsbee as the man who ran to the Canadian Consulate to tell them that Obama's campaign economic program was only for election purposes. He was on Amanpour Sunday saying that business must take the lead in job creation, and that they are making some new free trade agreements that will create jobs. Of course, we have to compete and innovate to make any progress.
This is more spin. Both the Republicans and the Democrats support neoliberal economic policies. You will need to find traditional Democrats to get New Deal and Great Society policies. The old Democratic Party was mostly liberal, and the new Democrats are conservatives. New does not necessarily mean better. It's either fix the Democratic Party, form a new party or vote for the Green Party.
The Stock Market has become shaky because of the poor jobs report last Friday. It is ironic that the economic elites attack jobs and benefits for ordinary people, but they also realize that jobs support 70% of the economy. We are likely looking at an official Worldwide depression.
Nothing can save the globalized economy, but over 200 years of economic experience tell us, we can rebuild our American economy behind a wall of tariffs
Pervis James Casey
Jun 6 2011 - 2:27pm