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The Fight for the New Economy : Rumble Time

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Undercurrent Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-28-09 07:53 AM
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The Fight for the New Economy : Rumble Time
We are headed into the most ambitious era of progressive economic reform since the New Deal. The crisis leaves little alternative, as job losses mount across the country and the world. The Obama administration has hit the ground running, pushing to pass an $800 billion plus recovery plan, scrambling to put together a new plan for banks still on life support, and cobbling together an initiative to help millions of families on the verge of losing their homes.

But recovery, however daunting, is not enough. Even as the administration struggles to fend off a full-scale depression, it faces the task of constructing the foundations of the new economy out of the ashes of the old.

Republicans, still grousing about more tax cuts and less spending, are clueless. But even many Democrats seem to assume that if we just get the economy going, bail out the banks, add a dash of regulation, we can go back to business as usual...

...President Obama has already signaled his intention to go forward with the core reforms in this agenda. So forget about a new era of bipartisan consensus and get ready to rumble. We're headed into pitched battles that will succeed only with massive popular mobilization. We won't have this opportunity again, and we dare not blow it.

more: http://www.huffingtonpost.com/robert-l-borosage/get-ready-to-rumble-the-f_b_161471.html
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lonestarnot Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-28-09 08:01 AM
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1. Count me in! Ready to rumble!
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