Black Friday: Obama Sequester/Austerity Program Spells Economic Disaster

Obama and GOP Shared Austerity Vision

by TRNN

Obama and GOP Shared Austerity Vision Will Deepen Recession Dr. Heiner Flassbeck: The massive sequester cuts to government spending are a disaster - what's needed is a wage led recovery

 

Watch full multipart The War on Wages

Mr. Heiner Flassbeck has served since 2006 as Director of the Division on Globalization and Development Strategies of the United Nations Conference on Trade and Development (UNCTAD). He is the principal author and the leader of the team preparing UNCTAD's Trade and Development Report. The Trade and Development Report is the flagship annual publication of UNCTAD covering both recent and longer term issues in the world economy, with particular emphasis on the implications for developing countries.