Of Course the Government Needs to Step In

The biggest problem is with politicians who are either bribed by neoliberals or subscribe to neoliberalism and won't do what is necessary for the country:

I think you have to get the timing right. The Civil War started in 1860-61, and the period of reform came to a conclusion in 1877 with the end of Reconstruction, so it came about over a 15-year period. It’s the same with the New Deal. Most of the New Deal reforms came in the late 1930s, and in some ways the Great Society reforms of the 1960s were simply the finishing touches to the New Deal, so there you had a 15- to 30-year reform period. A lot of people thought that when Barack Obama assumed the presidency he would be in the position of Franklin Roosevelt in 1932. But, arguably, he was more like [President Herbert] Hoover. In other words, the real wave of reform will come after him. I may be mistaken about this, but I think that no matter who wins the next election – even if the Republicans recapture the White House and control both houses of Congress – their stated program simply will fail. Even an all-Republican government will have no alternative than to undertake some alternatives to this program of tax cuts for everybody. It helps them when they’re out of power, but once they’re in power it is not a governing program.

I am not sure "reform" in terms of helping people who are not in the elite class will ever happen. The country is pretty far gone at this point.

No comments:

Featured Post

A Slap on the Wrist

 Today, I read the news that a convicted killer who got a slap on the wrist, had once been married to Andy Williams, had a mediocre singing ...