The budget-deficit debate: Towards austerity or a peoples budget and good jobs?
Robert Pollin, Professor of Economics & Co-Director of the Political Economy Research Institute addresses the debate over the federal budget and deficit, counter-posing the need for economic policies that would, in the long term, shrink the deficit through massive job creation, cutting the bloated war budget, and a new social compact that would meet peoples needs and stabilize the economy by limiting the Wall Street speculative casino through a financial transactions tax.
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