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Economy

westerebus

(2,978 posts)

2. Dear Dean,

Reply to eridani (Original post)

Thu Oct 3, 2013, 09:37 AM

Oct 2013

The working people of American are at their wits end as to how they will go forward while both the corporations and their political cronies push for trade agreements that have dismantled manufacturing jobs in this country.

Debasing the dollar is not the cure. Debasing the dollar will only push them closer to the edge of poverty and desperation.

Sound policy that includes a fair tax structure, environmental protection, prosecution of criminal activity of the financial community to include member's of the government that failed to protect the interests of the citizen they swore to serve, and the end to military adventures would be a better place to start.

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Highlight:

Dean Baker: Debt Default: The Only Way to Get to Full Employment? [View all] eridani Oct 2013 OP

Wouldn't intentionally lowering the value of the US$ cause inflation ? dipsydoodle Oct 2013 #1

Dear Dean, westerebus Oct 2013 #2

Dean, Dean - well said wesbrebus! Crewleader Oct 2013 #3

Thank you Crewleader. westerebus Oct 2013 #4

The problem with defaulting on the debt is that a large portion is held by US Citizens, US Gov., Taitertots Oct 2013 #5