[Peace-discuss] Economy stimulation?

[n.dahlheim at mchsi.com]

I agree...  I just think the inner circle of corporate elites backing the Cheney wing of the Administration 
have their own reality when it comes to analyzing what consitutes good economic policy.


----------------------  Original Message:  ---------------------
From:    Bob Illyes <illyes at uiuc.edu>
To:      peace-discuss at lists.chambana.net
Subject: [Peace-discuss] Economy stimulation?
Date:    Tue, 28 Aug 2007 21:29:21 +0000

> I don't think anything can stimulate this economy, Nick. The ongoing 
> transfer of liquidity to the wealthy means that the vast majority of 
> Americans are in a liquidity crisis that won't go away. In addition, the 
> trade deficit with China is beginning to resemble that with OPEC in its 
> early days, which led to what was called stagflation during Carter's 
> presidency. Nothing but rescinding neoliberalism can save us from what we 
> have in store, I fear.
> 
> Bob
> 
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