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Tag Archives: Joseph Stiglitz
Did Obama not get it?
Why wasn’t job creation the president’s No. 1 priority when he took office? Why didn’t he make a serious, steady effort to get the real economy back on track? Did he really think the bailed-out banks — the banks that … Continue reading
Posted in campaign finance reform, Congress, economic collapse, finance reform bill, Goldman Sachs, Great Recession, mid-term elections, Obama, Politics, The New Depression, unemployment, Wall Street
Tagged "Confidence Men", Joseph Stiglitz, Paul Krugman, public investment, Ron Suskind, stimulus
3 Comments
Will the circle jerk of one-percenters be broken?
Members of outlaw motorcycle gangs used to call themselves “one-percenters,” meaning they were in the tiny minority of Americans who are unabashed sociopaths. However, when we hear “one-percenters” these days, the reference usually is to establishment types who are obscenely … Continue reading
Sound and fury, signifying status quo
Joseph Stiglitz, a few months ago in Vanity Fair: The more divided a society becomes in terms of wealth, the more reluctant the wealthy become to spend money on common needs. The rich don’t need to rely on government for … Continue reading