False Paradox: Reflections on the American Profits-Jobs Disconnect

11/01/11 0 COMMENTS

The deficit-fueling tax cuts for the rich that Barack Obama recently agreed to inherit and pass on from George W. Bush have been sold to the American public as necessary for the creation of jobs and the expansion of the “recovery.”  Profits for the wealthy few, the argument goes, mean more employment and income for the people.  What’s good for the business elite is good for the country, right? Wrong…read further

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