Wall Street is responsible for TPP, and the point man for it came from Citigroup.

[Ichingcarpenter]

7. Nobel Laureate Joseph Stiglitz:

Nobel Laureate Joseph Stiglitz:

BI: What about the current president? How do you think he’s fared with the economy?

JS: I think that there have been moments when he said the right thing, like when he said he was going to devote the last three years of his terms to create a more equal society

. Unfortunately, he didn’t execute. And if I look over the eight years, he’s done one thing that was very important — that was ObamaCare extending access to healthcare. Not as much as he wanted and not as much as most progressives wanted but he did.

I think the way he structured the recovery — the bailouts, for instance — led to a recovery where 91 percent of the gains went to the top 1 percent. That’s a failure.

The trade agreement that he is pushing now will create more inequality. What worries me is that — I don’t want to say that he is the architect — he’s actively been pushing policies that I think are pro-inequality.



Read more: http://uk.businessinsider.com/nobel-laureate-joseph-stiglitz-2015-4?r=US#ixzz3dM4UDcBH


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