Sunday, December 05, 2010

The Big Economic Story, and Why Obama Isn’t Telling It | CommonDreams.org

The Big Economic Story, and Why Obama Isn’t Telling It | CommonDreams.org: "Quiz: What's responsible for the lousy economy most Americans continue to wallow in?

A. Big government, bureaucrats, and the cultural and intellectual elites who back them.

B. Big business, Wall Street, and the powerful and privileged who represent them.

These are the two competing stories Americans are telling one another.

Yes, I know: It's more complicated than this. In reality, the lousy economy is due to insufficient demand - the result of the nation's almost unprecedented concentration of income at the top.

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