Tuesday, August 28, 2012
Arianna On CNBC: Huffington Takes on the Jobs Deficit At The Republican Convention (VIDEO)
If the Bush Depression that began with the crash of 2008 was treated as a Depression from the onset with a WPA project many of those jobs would have morphed into permanent jobs for idle workers by now, provided needed opportunity for training for millions of Americans, and boosted our moribund economy. By downplaying the severity of the economic crisis we are in now in order to protect Banks, Wall Street and their fantasy based economic ideology we have prolonged the unemployment crisis and done harm to economic recovery. Both the Democrats and Republicans are to blame for the stagnation in getting the economy back on track, and Americans back to work, for too many of them are devotees of an economic theory that flat-lined in 2008, and refuse to pull the plug.
It doesn't matter how much money the rich have to manipulate narratives in the media or capture government agencies that are responsible for delivering candor on the US Economic situation. Just as a rich person can find a doctor willing to humor them that their stage four cancer isn't a big deal, that isn't the same thing as being cured of the disease.
The United States Government needs to treat the Depression we entered into in 2008 as a Depression or else the economy and unemployment crisis will drone on for years (perhaps decades) to come.
Read the Article at HuffingtonPost
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment