Wednesday, September 7th, 2011
Stephan: No one 50 years from now will be able to say we weren't warned. The Republican economic model is utterly bankrupt as anyone without blinders can plainly see. But such is the power of the corporatocracy, and its Rightwing vassals that nothing will happen because the policies that support a thriving middle class are in opposition to those that give corporations short-term benefits.
GENEVA — The pursuit of austerity measures and deficit cuts is pushing the world economy toward disaster in a misguided attempt to please global financial markets, the annual report of the United Nations economic thinktank UNCTAD said on Tuesday.
The report, entitled ‘Post-crisis policy challenges in the world economy,