We are constantly told that the recovery is just around the
corner. Liberals say we need more stimulus. Conservatives call for more
austerity and cuts in regulations. But all agree that sooner or later
more growth will benefit the 99 percent. Unfortunately, it's not
happening and it won't happen. Here's why.
First of all, they assume that trickledown actually works, that there
is something mechanical within our heavily financialized economy that
will bring renewed prosperity to the 99 percent. They look back at
previous recessions and recoveries and continue to believe that slumps
are followed by renewed growth and income gains for all.http://www.alternet.org/hard-times-usa/americas-greatest-shame-child-poverty-rises-and-food-stamps-cut-while-billionaires?page=0%2C1&akid=11103.294211.eIKrgP&rd=1&src=newsletter918440&t=3
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