Share |

Saturday, November 12, 2011

Hartmann: There are no Free Market Fairies...

We might be on the verge of an unprecedented global economic meltdown. But if you watched the Republican debate and are really, really gullible - you might think there's an easy fix to all our troubles. From the European debt crisis - to the jobs crisis here at home - to the health crisis - to the looming energy crisis - to the housing crisis - to the student loan debt crisis - you name the crisis - there's a one-size-fits-all solution to it - and all the Republicans on stage last night didn't shy away from talking about it. That solution - let the so-called "free market" work.

53 million people uninsured? The free market will fix that!

Greece and Italy are about to drag the entire global banking system into a depression? The free market will fix that too!

Student loan debt topped a trillion bucks for the first time? Leave it up to the free market to fix it.

Republicans have one talking point - just one solution to all our problems - and that's by hyping up the power of the so-called free market - or in Herman Cain's case - hyping up the power of his 9-9-9 plan AND the free market. But let's think about that for a moment - what exactly does it mean? What does "let the free market work" really mean? Does it mean to remove government - and deregulate everything? So when the Republicans talk about letting the free market work - they might as well be saying let the free market fairies wave their magic wand and everything will be just fine.

No comments:

Post a Comment

sharing