The Economy is a Mess

Something to be proud of is the fact that NO net jobs were created last month thanks to many layoffs in the sector.

The economy is also a mess because Obama's stimulus package didn't go anywhere near far enough to generate demand.  That's because the neolibs in his party insisted on tax cuts rather than job creation.

Tax cuts don't work, especially given the fact they disproportionately benefit the rich.  The rich do NOT create jobs; demand does.

No comments:

Featured Post

Kentucky Derby 2026 Results

 Golden Tempo has won the 152nd Kentucky Derby.  Jose Ortiz is the jockey.  It is his first Derby win.   This race is historic, for the  fir...