America’s Waning Potential
OPS_admin | May 10, 2009 | Comments 0
America’s Waning Potential
Growth in the U.S. today is at its slowest point since 1875. That means our economy is growing a slower pace today that it was during the Great Depression.
In August of 2007 the Federal Reserve policy committee revealed that America’s potential for economic growth was slowing down. Factories and workers were less productive than they had been in the past. This recession may accelerate that downturn, and affect living standards for every American citizen for years to come.
Adam Posen of the Peterson Institute for International Economics believes that our economy will be growing at two-thirds the speed it was a few years ago.
We have seen signs that the collapse of our $14 trillion economy is slowing, but that does not mean we will correct ourselves to our former state. The long-run outlook does not look good for the United States.
via Economyincrisis.org – America’s Economic Report – Daily.
Filed Under: Economy - Labor
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The oligarchs openly talking about a coup d'état in America?
Multi-millionaire lobbyist Grover Norquist is calling for the impeachment of President Obama. In an interview with the right-wing National Journal - Norquist warned that if President Obama wins re-election and decides to let the Bush tax cuts for the top 2% expire at the end of the year - then Republicans will "have enough votes in the Senate in 2014 to impeach [him]."What does that mean? It means that the super rich in America - and their political operatives like Norquist in Washington, DC - have now compared a tiny tax increase on the wealthy to high crimes and treason - the only Constitutional basis Congress can use to impeach a President. It sounds like the oligarchs are now openly talking about a coup d'état in America.-Thom(Do you think will try it? Tell us here.) -
LEGALIZE Democracy
" We the corporations" On January 21, 2010, with its ruling in Citizens United v. Federal Election Commission, the Supreme Court ruled that corporations are persons, entitled by the U.S. Constitution to buy elections and run our government. __________
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The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness. 
