NP - Toryism (Austerity) Isn't Working.
Robert Mahnke
rpmahnke at gmail.com
Wed Apr 25 18:07:25 CDT 2012
This is the best thing I've read on this subject recently:
http://www.interfluidity.com/v2/3212.html
It's not a political deadlock -- it's a systematic favoring of creditors.
On 4/25/12, alice wellintown <alicewellintown at gmail.com> wrote:
> We are not, despite the hysterical rants of bloggers, ina depression.
> Moreover, we are not in 1930 or in any decade before it when
> depressions were happening because of a bunch of things that no
> longert apply. We have a political deadlock and, in this sense we are
> more Japanese than we like to admit, more so than the Japanese
> economically. That is, we have a political system with no guts because
> they don't want to be gutted. So, they are good at kicking cans. But
> we are not Japan in economic terms, nort are we Spain or Europe. We
> need to open the gates and let workers come to our nation. We need to
> end our stupid wars. We need to invest in education and research and
> science and technology and so on. We all know this. There is no easy
> way. But we are Yanks and our lips, while not upper or stiff, are
> close to our noses and these are close to the grind stone still.
>
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