Tuesday, January 1, 2013

Fixing the economy, a new focus for Congress

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http://www.washingtonpost.com/opinions/katrina-vanden-heuvel-fixing-the-economy-a-new-focus-for-congress/2012/12/31/f4e206ae-5364-11e2-bf3e-76c0a789346f_story.html

Largely missing is any discussion of how to fix the economy, to make it work for working people once more. Just sustaining the faltering recovery won’t get it done. We’re still struggling with mass unemployment, declining wages and worsening inequality. Corporate profits now capture an all-time record percentage of the economy; workers’ wages have hit an all-time low. A little constriction, or a lot, won’t do anything to change that reality.

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