Dennis Kucinich on Fiscal Cliff: Why Are We Sacrificing American Jobs for Corporate Profits?

Image by David Sachs @ SEIU International via Flickr

Dandelion Salad

democracynow·Dec 28, 2012

DemocracyNow.org – As President Obama meets with congressional leaders at the White House in a last-ditch effort to reach a budget deal, we speak to outgoing Democratic Rep. Dennis Kucinich about the so-called fiscal cliff. If an agreement is not reached in time, $600 billion in automatic spending cuts and tax increases will go into effect on January 1. But the tax increases would not necessarily be permanent — the new Congress could pass legislation to cancel them retroactively after it begins its work next year. “We’ve been going in the wrong direction,” Kucinich says. “Why haven’t we been talking about stimulating the economy through the creation of jobs? We seem to accept a certain amount of unemployment as being necessary for the proper functioning of the economy, so that for corporations it will keep wages low. That is baloney. We are creating our own economic vice here that is entrapping tens of millions of Americans.”

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Updated

Dennis Kucinich Accuses US Govt Leaders Of Creating A “Manufactured Crisis” To Screw Americans Again

MOXNEWSd0tC0M·Dec 30, 2012

December 30, 2012 C-SPAN

see

Fiscal Cliff: Let’s Call Their Bluff by Ellen Brown

Kucinich: NO to #CatFoodChristmas + Bernie Sanders: If you change the CPI, you are raising taxes

Reining in Obama and His Drones by Ralph Nader

William Binney: Everyone in US is Under Virtual Surveillance

Inequality and Poverty America Style–In Richness and in Health by Graham Peebles

Michael Hudson: Fiscal Cliff An Artificial Crisis

Michael Hudson: Lower wages and Grab-it-a-zation

Behind Obama’s Fake Recovery – The Plan to Gut Social Security by Mike Whitney

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