nakedempire


The American Empire in a Changing World



Pages

Saturday, November 24, 2012

''The Phoney Fiscal Cliff''

From New Left Project

''Will the economic priorities of the 1% and the military industrial complex continue to be served? Or will the priorities of the rest of us get more attention? There is no reason we must embrace austerity for the 99% -- raise taxes on the middle class and cut socially useful spending – because we face a fiscal cliff that is imposed by some nonexistent “iron law” of economics.  The only reason we face a fiscal cliff is that the 1% and the military industrial complex insist that their priorities continue to be paramount. In other words, there is no ECONOMIC cliff, there is only a POLITICAL cliff of competing priorities.''

read more 

No comments:

Post a Comment