Saturday, July 17, 2010

Civilized rich countries like Germany and Britain should be very carefully dealing with the USA's current case of Deregulation Mania

Deregulation is still the acid kool-aid of choice, it seems, even tho the Republicans soundly lost national control and we came very near-believe?-to a second Great Depression. President Obama has selected a cabinet of Deregulators who made millions from the farce.


Congress is still deluded by the corporate campaign contributors who are still strong for deregulation. And enough Americans believe we can do 'ok' or better with less government, less taxes, and less laws-a runaway Pentagon budget?- that are enforced so business can do pretty much whatever it wants.  Like blatantly steal payroll hours/days from employees.


What does this mean to civilized , more advanced economies?  The USA is still irresponsible and unbelievable and dangerously untrustworthy.  If it wants to be so reckless with its future, then other countries should beware.