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Sachs: Obama has lost his way on jobs...

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  • Sachs: Obama has lost his way on jobs...

    (h/t Jesse's Cafe)

    [MEDIA] [/MEDIA]

    link: http://www.msnbc.msn.com/id/22425001...54315#33854315

    I have problems with this embedded video stuff! sigh....
    Last edited by doom&gloom; November 13, 2009, 01:00 AM.

  • #2
    Re: Sachs: Obama has lost his way on jobs...

    What can Obama do? The more money he prints, and the lower the interest rates, the more money Asian countries can deploy to subsidize exports and jobs.

    China doesn't care about inflation, bubbles or building more empty towns and whether its banks are solvent or insolvent. China is only concerned that its unemployed does not run about amok like they did in Xinjiang earlier this year.

    This was and is a job game right from the start. It was never about the recession or the economy or the banks. It's about grabbing jobs.
    Last edited by touchring; November 13, 2009, 01:56 AM.

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    • #3
      Re: Sachs: Obama has lost his way on jobs...

      Embedding it

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