Robert Reich: The US is on the edge of the economic precipice – Trump may push it over
Prepare yourself during the next crash for every motherfucking Establishment pundit (and their wooly-headed auto-nodders, their heavily Ivied willing elocutioners--jokers to the left of them, Trumpers to the right--who have ceded all thought to What The Adults in the Room Tell Me to Think) to say, "Oh, my god--no one could possibly have known that the post-2008 'recovery' was a load of bullshit because I and my ilk are religiously against any quasi-Keynesian counter-cyclical stimulus worth a fuck, and, besides, are entirely arc-welded to our paymasters, so if we actually have a hint of intelligence, it's swamped by the need to maintain our invites to swanky Georgetown parties among the Important People. Sanders delenda est."
You know, a solution like some fool-moron like Stiglitz, to pick one name out of a very large hat, was insisting upon. Plus, like, oh, I don't know--direct relief to homeowners, a federal jobs program to support aggregate demand. Etc.
We'll all pay for it--meaning, we, the ones who didn't suffer much from the Great Recession, as opposed to the bulk of humanity, those who could least withstand it--possibly with full-on fascism as a result.
Our ruling class and its fawning professional-class ten-percenters are so fucking proudly ignorant it's essentially suicidal. I mean, if we actually had a Guardian class worth a fuck, you could have an interesting debate about democracy. We don't, so we can't.
I'm re-reading the sixty-year-old classic by John Kenneth Galbraith, The Affluent Society. Pretty much all you need to know, to only slightly exaggerate, and in clear and engaging prose with no Scary Math. Still hasn't been absorbed. Never will be.
Oh, right, the article.
You know, a solution like some fool-moron like Stiglitz, to pick one name out of a very large hat, was insisting upon. Plus, like, oh, I don't know--direct relief to homeowners, a federal jobs program to support aggregate demand. Etc.
We'll all pay for it--meaning, we, the ones who didn't suffer much from the Great Recession, as opposed to the bulk of humanity, those who could least withstand it--possibly with full-on fascism as a result.
Our ruling class and its fawning professional-class ten-percenters are so fucking proudly ignorant it's essentially suicidal. I mean, if we actually had a Guardian class worth a fuck, you could have an interesting debate about democracy. We don't, so we can't.
I'm re-reading the sixty-year-old classic by John Kenneth Galbraith, The Affluent Society. Pretty much all you need to know, to only slightly exaggerate, and in clear and engaging prose with no Scary Math. Still hasn't been absorbed. Never will be.
Oh, right, the article.