Deficit Reduction = Selling Out to Wall Street

Zach Carter | Media Consortium: "In the fall of 2008, decades of finance-first, bankers-know-best economic policies coalesced to create one of the worst economic crises in history, one that the banks themselves could not survive without staggering levels of government support. Yet astonishingly, nearly two years after the crash, Wall Street is still setting the economic agenda in Washington. As Congress begins to examine broader economic policy, lawmakers are under heavy Wall Street pressure to reduce th federal budget deficit - even though that could mean deepening the jobs crisis without any substantive economic benefits."

//www.truthout.org/deficit-reduction-selling-out-wall-street60249



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