« With Media, Americans Focused on Debt Drama, Congress Attacks EnvironmentLakoff: How to Rescue the American Dream from the GOP's Nightmare »

Recovery for Wall Street and Wealthy, Austerity for Workers and Poor

July 29th, 2011
Categories: News, Economic, Politics

Link: http://www.commondreams.org/view/2011/07/29-13

The plain fact is that corporate profits are the only area of the US economy to recover since 2009. Any other claim is a lie. The so-called economic "recovery" since mid-2009 was chiefly hype, a veneer of good news to disguise and minimise the awful underlying economic realities. The few (large corporations and the rich) who bear much of the responsibility for the crisis made sure that the government they finance used massive amounts of public money to support a recovery for them. The mass of the population was excluded from the government-financed recovery for the few. We now have the summary official statistics to expose this grotesque injustice.

News  Share this page

Your donation helps provide a place for people to speak out. thepeoplesvoice.org P.O. Box 159113 Nashville, TN 37215 Not tax deductible. editor@thepeoplesvoice.org

Search

Search the Site Search the Internet
May 2013
Sun Mon Tue Wed Thu Fri Sat
 << <   > >>
      1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30 31  

Referred by Liberty
Just Foreign Policy Iraqi Death Estimator

XML Feeds

powered by b2evolution free blog software
FAIR USE NOTICE: This site contains copyrighted articles and information about environmental, political, human rights, economic, democratic, scientific, and social justice issues, etc. This news and information is displayed without profit for educational purposes, in accordance with, Title 17 U.S.C. Section 107 of the US Copyright Law. Thepeoplesvoice.org is a non-advocacy internet web site, edited by non-affiliated U.S. citizens. editor