Former Secretary of Labor Robert Reich knows what's wrong with the economy, and he says he can explain to viewers in less than three minutes.
Since 1980, the American economy has almost doubled in size. But adjusting for inflation, most people's wages have barely increased, a fact Reich notes in a MoveOn.org video on YouTube. Indeed, the average American worker in 2008 earned $400less than in 1988, when adjusting for inflation.
Concentration of wealth among the richest Americans have also drained the country of its economic resources, consequently dividing the middle class and weakening demand, Reich continues.
"The only way we can have a strong economy," Reich says, "is with a strong middle class."
This three minute video explains why the US economy is so screwed now, that DEMAND SIDE ECONOMICS is the only way to build a middle class, and more.
Bruce Levine: Uniting Populists, Energizing the Defeated, and Battling the Corporatocracy
Bruce Levine concludes that the problem isn’t that we are a “center-right” country or an apathetic people. The issue is that we are a people who have been systematically beaten down by the corporatocracy. As a clinical psychologist, he sees the people as a whole as suffering from abuse syndrome — a people actively demoralized.
Over the Cliff: How Obama's Election Drove the American Right Insane
Bill O'Reilly - Hypocrite, Self Aggrandizing Asshole
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Fox News can kiss my Presidential ass.
Click here for Award-winning journalist Max Blumenthal's video summary of his new book that traces the rise of the radical right in the US and how it used the concept of personal crisis to grow as a movement and eventually capture control of the GOP to transform it from the party of Dwight Eisenhower to the party of Sarah Palin.
DownSize to Thrive, A Crash Course in 21st Century Survival
This is an awesome site created by my good friend Shaleia with lot and lots (a veritble plethora) of good, common sense ideas about surviving in these uncertain economic times.
Air America Radio - Rest In Peace, we will miss you.
That famous liberal media bias that you are always hearing about but can't get anywhere else.
Why We Need Government-Run Universal Socialized Health Insurance
Screwed: The Undeclared War against the Middle Class ... and What We Can Do about It
Under the guise of "freeing" the market, conservatives have enriched themselves and their fat-cat cronies and screwed everyone else. Beginning with the Reagan administration, the U.S. government has steadily instituted policies and legislation that favor corporations over citizens. This book nails the truth about how both parties have been screwing the American people, except for the one hundredth of one percent who earn over $6 million a year.