Re: Structural Adjustment in the USA

[Doug Henwood <dhenwood@xxxxxxxxx>]

michael@xxxxxxxxxxxxxxxxx wrote:

> I can imagine that if United States were a small economy, that the stock
> markets swoon would have the IMF at our doors, blaming the crash on the
> welfare state and economic regulation.

The IMF has been saying cautiously critical things about the U.S.
over the last few days. Obviously, since the U.S. Treasury
practically runs the place, these criticisms don't carry much weight.

Doug