Paul Craig Roberts on Ron Paul, Citizens United, the fiscal cliff, and America today

Discussion in 'Politics' started by poncho, Dec 10, 2012.

  1. poncho

    poncho
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    FLORIDA, December 5, 2012 — Most pundits talk a good game about economics and politics. Few, however, are prepared to deliver anything beyond a superficial analysis of our time’s most controversial issues.

    At times it seems like peer pressure and the groupthink it breeds are more important than life’s inescapable realities.

    Thankfully, Paul Craig Roberts seems immune to this syndrome. As an assistant Treasury secretary under Ronald Reagan, he played a key role in formulating the Gipper’s now-legendary fiscal policy. As a journalist, he made no scruples about reporting the facts as he saw them. Now, as a columnist, he shares his opinions about America’s turbulent sociopolitical climate.

    Agree or disagree with Roberts, and for me it depends on the day, one would have tremendous difficulty doubting that his ideas are genuine, and arrived at on an independent basis.

    So, can America escape the clutches of the Great Recession and reclaim its economic vitality? What has the impact of free trade really been on our country? Did the Ron Paul movement bring any particularly important issues to the forefront?

    Allow Dr. Roberts to explain about all of this and much, much more.

    CONTINUE . . .
     
  2. kyredneck

    kyredneck
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    "The US cannot reclaim its economic vitality, which US corporations have sent abroad to India, China, and elsewhere, unless it can retrieve the offshored middle class jobs...."

    Zactly. Good article.
     
  3. poncho

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    Cotto: Everyone is talking about the Fiscal Cliff. What do you expect to happen if both parties fail to find common ground on a budget proposal?

    Dr. Roberts: The “fiscal cliff” is likely to be like the debt ceilings and the budget resolutions; just another can kicked down the road. The Congress will pass extension after extension. The Republicans will use the fiscal cliff to try to cut the social safety net, and the Democrats will use it to try to raise taxes.

    If the parties succeed, a weak and faltering economy will get a double-barrel dose of austerity and be driven further into the ground.
     

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