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A web log based on the principle that a civilized society deserves democratic government based on integrity. The premise here is the U.S. democracy has effectively been subverted by oligarchical forces which must be opposed with facts and rational thought. (An RSS feed is recommended.)

Friday, June 27, 2014

Progressive Economist Explains Huge Drop in Gross Domestic Product

Rober Pollin, co-director of  the Political Economy Research Institute at the University of Massachusetts Amherst, speaks here about the underlying reasons for the very large decline in domestic out-put in the First Quarter.  He also addresses the cheery explanations which have been given by major media.

The huge drop has been alarming and it is good to see it addressed effectively.


Progressive Economist Explains Huge Drop in Gross Domestic Product

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