It's the Demand, Stupid

Our politicians have NO intention of spurring consumer demand, which would go a long way in getting the economy on track. However, pay would have to rise to above third world-levels, and the neolibs can't have that:

Concluding a two-day meeting of the US central bank, Federal Reserve Board Chairman Ben Bernanke said there would be no additional efforts to stimulate job creation. The Fed projects unemployment to remain at 8 percent through the end of this year, declining only to 7 percent in 2013 and 6.7 percent in 2014.

This means that millions of workers will remain jobless more or less indefinitely. Nearly 25 million workers are either unemployed, underemployed or have dropped out of the labor force because they cannot find work. According to a report last week by the Associated Press, more than half of all college graduates younger than 25 years old are either unemployed or underemployed.

What a dumb fucker Bernanke is. He represents the elites, and they simply don't give a shit about everybody else.