By James K. Galbraith
This paintings comprises James okay. Galbraith's such a lot influential contemporary writings on present affairs in addition to new remark, and explores either the descent to catastrophe in Iraq and the continuing transformation of the yank financial system lower than the guidance of Alan Greenspan.
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Extra info for Unbearable Cost: Bush, Greenspan and the Economics of Empire
Example text
And after the election, the stagnation they want will not be hard to achieve. Our economy still faces major barriers to sustained growth. Capacity utilization in industry is low: a barrier to sustained growth of investment. Household debt burdens are high: a barrier to accelerating consumer spending, which will be aggravated when the housing bubble eventually pops. Federal, state and local budgets are riddled with structural deficits; these will not go away with growth. In the states and localities, spending cuts and tax increases are the only agenda.
Vote suppression worked, in the face of the greatest get-out-the-vote drive I’ve ever seen. Raising the increase in turnout of registered voters to 10 percent (as happened in Cuyahoga County) would not have made the difference in the state. Nevertheless: it is an injustice, an outrage and a scandal – a crime, really – that American citizens should have to wait for hours in the November rain in order to exercise the simple right to vote. 3. Vote-by-mail: the time has come The remedy is voting by mail, the system now in place in the state of Oregon.
Raising the increase in turnout of registered voters to 10 percent (as happened in Cuyahoga County) would not have made the difference in the state. Nevertheless: it is an injustice, an outrage and a scandal – a crime, really – that American citizens should have to wait for hours in the November rain in order to exercise the simple right to vote. 3. Vote-by-mail: the time has come The remedy is voting by mail, the system now in place in the state of Oregon. In Oregon, there are no election day problems, because there is no election day.