06-06-2010, 02:54 AM
Who couldn't have seen this coming? We cannot survive without a robust work force with actual purchasing power. We can't do that unless we begin manufacturing again. You, Robert, encouraged a service industry, as if that was going to sustain us, apparently seeing no value in keeping factories and steel plants going right here.
We will not survive as long as the profits from our purchases go overseas. Countries like China and India are celebrating the direction our corporate greed and governmental corruption has taken us. They win, we lose.
Yes, we need a WPA, a CCC, a New Deal--all of those programs that rebuild our country and put our people to work. But if we had been doing it all along, we wouldn't be at the emergency stage we're at now.
This is not a recession, it's a depression, and it will only get worse unless The Powers come to terms with the fact that their love of capitalism (and their hatred for market rules) is destroying us.
We will not survive as long as the profits from our purchases go overseas. Countries like China and India are celebrating the direction our corporate greed and governmental corruption has taken us. They win, we lose.
Yes, we need a WPA, a CCC, a New Deal--all of those programs that rebuild our country and put our people to work. But if we had been doing it all along, we wouldn't be at the emergency stage we're at now.
This is not a recession, it's a depression, and it will only get worse unless The Powers come to terms with the fact that their love of capitalism (and their hatred for market rules) is destroying us.