Discussion between William Greider and Robert Rubin

[blazespinnaker]

http://www.alternet.org/workplace/38981/

Great article.

A strategy paper Rubin co-wrote defines the core problem: "Prosperity has neither trickled down nor rippled outward. Between 1973 and 2003, real GDP per capita in the United States increased 73 percent, while real median hourly compensation rose only 13 percent."

[blazespinnaker]

Re: Discussion between William Greider and Robert Rubin

Sorry to see no replies to this. I find Robert Rubin to be one of the most clear headed individuals when it comes to global economics.

And I think he's dead on here. The real risk to the world isn't so much oil or the housing slowdown, but rather the risk that blowback ("It's the american dream, stupid") will cause politicians to throw a wrench into the gears of globalisation, which will create a true global economic crisis.

The solution? find a way for everyone to properly participate in this global economic boom.