Monday, December 6, 2010

No Economic Recovery in Sight: Seven Reasons Why Global Capitalism Can't Recover Anytime Soon

by Shamus Cooke from Global Research.
As the recession grinds on, politicians in most industrial countries have an incentive to make exaggerated claims about the supposed coming economic recovery. Some say the recession is over. Obama is in the group that claims we're on "the road to recovery,” while other nations can only spot recovery "on the horizon.” Below are seven important social phenomena that point to a more realistic economic and political outlook. 
I keep wondering about how much suffering it will take before US citizens stop believing these claims of recovery and start fighting back. Are they going to let themselves be chased down the chutes to the slaughterhouse by the dogs of right-wing propaganda?