Re: [Pen-l] By the way

[Max Sawicky <maxbsawicky@xxxxxxxxx>]

I don't listen to Sunday morning television, but that aside, I wasn't clutching.
Just taking note.  Glad to see you down with Keynesian economic policy,
along with JB.  The BHO stimulus could have been bigger w/o economic
drawbacks.  Question is whether BHO misplayed it politically and didn't
try and go big enough, or whether he thought what he proposed was big
enough.  I haven't seen anything here to support either, except
the ritual denunciations of Dems for being Agents of Kapital or without
backbone.  If it isn't obvious, about ten Democratic Senators are not very
supportive of social-democratic policies like "buying power in the hands of
working people."

I think it's too soon to pronounce the UAW deceased.  I think there are two
interesting threads in what is unfolding.  The Prez professes commitment to
a U.S. auto industry, and the UAW is getting some kind of explicit ownership
role.




On Thu, Apr 30, 2009 at 3:20 PM, Louis Proyect <lnp3@xxxxxxxxx> wrote:
> Max Sawicky wrote:
>>
>> There's a news report of some of them complaining.
>>
>
> Max, you are clutching at straws. The real news is that the auto workers
> union is finished. Before Obama's inauguration, there were attempts to paint
> him as pro-worker because he supported the right of those window workers in
> Chicago to get what they were owed. The loss of jobs, wages and benefits in
> the auto industry will deepen the misery in this country and make true
> recovery more difficult. These shitty economists you hear on Sunday morning
> television, including Jared Bernstein, go on and on about the generous
> funding for recovery. The real solution is putting buying power in the hands
> of working people, something that goes against the deadly logic of the
> capital accumulation cycle.
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