Sunday, July 31, 2011
why would obama think this a win for the economy?
michael hudson explains:
Obama really believes in trickle-down economics. He believes that Wall Street are job creators, not downsizers and outsourcers and foreclosures. That’s the tragedy of all this.
that would explain all of his reverence for ronald effin reagan. and i thought it was obama just posturing for the indie vote.
Obama does believe in trickle-down economics. He believes that by creating high-paying government jobs money will trickle down into the private sector. That's why his sole focus in the "recovery" is to create as many government jobs as possible. After all, those are the best paying jobs with super benefits, lavish health care and early retirement. In Obama's dream world, there are no low paying private sector jobs. Everyone works for the government.
Thanks for demonstrating, Anony, why "Speed kills."