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first off, until there's a serious proposal for cutting military spending significantly from the right, all this blah blah blah about deficits is meaningless.
secondly, the primitive hydraulics of conservative thinking is responsible for the economic crisis we're in. on what possible plane of reality not inhabited by crazy people does more of the same make any sense?
thirdly monetarism creates a fake problem of Deficit Neurosis---well, the neurosis is real but the problem not so much. what the administration needs to do is develop a far more aggressively social-democratic approach to addressing the economic situation. something like making a full-employment economy a national priority, designing and implementing programs to that end, forcing banks to play along and nationalizing the banks that won't, tax significantly international capital flows, make it unattractive for firms to continue outsourcing logic by reducing the cost advantages that enable it. a re-regionalization of production. it'd diversify the current economy. it'd flatten the distribution of wealth a bit. it'd be a pathway toward a more sane system. a sane system is the opposite of what the right advocates for.
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a gramophone its corrugated trumpet silver handle
spinning dog. such faithfulness it hear
it make you sick.
-kamau brathwaite
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