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Obama Sells Politics of Austerity

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roxiejules Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-16-11 05:29 PM
Original message
Obama Sells Politics of Austerity
 
Run time: 13:22
https://www.youtube.com/watch?v=4l9CMuvAXYg
 
Posted on YouTube: July 12, 2011
By YouTube Member: TheRealNews
Views on YouTube: 1218
 
Posted on DU: July 16, 2011
By DU Member: roxiejules
Views on DU: 723
 
Austerity is all the rage in the U.S. and Europe these days, but Roosevelt Institute Senior Fellow Tom Ferguson tells The Real News‘ Paul Jay that deficit hawks are leading the global economy down the rabbit hole.


http://www.newdeal20.org/2011/07/15/tom-ferguson-takes-on-austerity-at-home-and-abroad-51862/
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bbgrunt Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-16-11 06:54 PM
Response to Original message
1. yep, that is exactly what we are being sold into
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msongs Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-16-11 06:57 PM
Response to Original message
2. there you go again, criticizing the republican agenda on DU lol nt
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July16th-20th Donating Member (217 posts) Send PM | Profile | Ignore Sat Jul-16-11 07:54 PM
Response to Reply #2
3. The Republicans are idiots
They want to take us boldly into the 18th century!
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roxiejules Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-16-11 08:28 PM
Response to Original message
4. Toward greater inequality


"After all, government deficits and debts mean: first, the government is not taxing corporations and the rich; and second, the government is, instead, borrowing from them and paying them interest.

In summary, shifting the burden of federal taxation from corporations to individuals and from the richest individuals to the rest of us contributed to massive deficits and debts. Instead of correcting and reversing that unjust shift, Republicans and Democrats plan, instead, to deal with deficits and debts by cutting Medicaid and Medicare and threatening social security."




http://www.guardian.co.uk/commentisfree/cifamerica/2011/may/27/economics-useconomy
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democracy1st Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-17-11 06:55 AM
Response to Original message
5. K & R
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