Dave Lindorff: "The Ugly Truth: America's Economy is Not Coming Back"

You've listened to the blow dried makeover artists recycling their illusions on the "bounce back" of the capitalist cycle of "bust and boom" on any business news broadcast.  Now try this bit of economic reality on for size.  [excerpt]  ... What we are now seeing is the beginning of an inevitable downward adjustment in American living standards to conform with our actual place in the world. As a nation of consumers, and not producers, with little to offer to the rest of the world except raw materials, food crops, military hardware and bad films (none of which industries employ many people), we are headed to a recovery that will not feel like a recovery at all. ...  Read more