Richard D. Wolff: As Democrats and Republicans Posture, Capitalism's Crisis Deepens

Richard D. Wolff: As Democrats and Republicans Posture, Capitalism's Crisis Deepens
Richard D. Wolff, MR Zine: "President Obama's basic budget for fiscal 2012 is mostly a done deal supported by the entire political establishment. The hyped choreography of forthcoming battles between Democrats and Republicans is a very secondary sideshow. The battles clothe basic agreement in a disguise of fierce oppositions perhaps aimed to mollify each party's none-too-discerning militants. Both sides agree that the US private economy is in such a poor and dangerous condition that it needs massive fiscal stimulus from the federal budget: classic Keynesian policy."
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