No one wants to hear this because, given capitalism, this would unavoidably mean mass bankruptcies, global economic collapse, depression and mass unemployment around the world. That’s why in April 2013, in laying the political groundwork for his approval of the XL pipeline in some form, President Obama said “the politics of this are tough.” The earth’s temperature probably isn’t the “number one concern” for workers who haven’t seen a raise in a decade; have an underwater mortgage; are spending $40 to fill their gas tank, can’t afford a hybrid car; and face other challenges.” Obama wants to save the planet but given capitalism his “number one concern” has to be growing the economy, growing jobs. Given capitalism — today, tomorrow, next year and every year — economic growth will always be the overriding priority ... till we barrel right off the cliff to collapse.
Posted on: Thu, 08 Jan 2015 08:05:11 +0000
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