(no subject)

[lollardfish]

A good (I think, but what do I know?), very clear, article on economic myths affecting our lives.

Comments

[davidschroth.livejournal.com]

I saw nothing enlightening in the article, but I attribute that to my obsessive reading of Brad DeLong's blog, as well as following the links from his blog to other economics blogs.

I'm becoming more convinced that newspapers, as they are presently run, have more of the attributes of television news when it comes to taking a serious look at serious issues.

[lollardfish.livejournal.com]

I thought it did a pretty good job of articulating economic realities in clear language. If one is actually aware of economic realities, as you are, then I'm sure it doesn't add much. I just like clear writing.

[madtruk.livejournal.com]

Subtle hit at the 'captains of industry.'

In the end, I simply believe that too many resources in the country went to too few people, and the systemic failure of America is that it cannot redistribute wealth in any reasonable manner.

Our bridges are failing, our roads are in horrible shape, our energy policy is a joke, health care a near disaster that becomes less affordable every year, an insurance system designed not to insure, and we are in a war without end.

When asked why in my classrooms for any reason, I used to say "Follow the money." Who is profiting? Who is suffering? What point of view are you more likely to see?

Anyway, if I'm gloomy, that's why. The sense of shared responsibility and shouldering burdens is completely gone from the upper classes (there are exceptions), and I don;t feel any of our politicians appreciate the truly radical changes necessary to fix the system.

Tax the rich. Feed the poor. Fix our schools. Remove handguns from the streets. Invest in people and infrastructure. Bring our troops home for rest and retraining. Nationalize the energy companies. Demand better from everyone.

Etc.