Wednesday, February 16, 2011

Jeffrey Sachs speaks the truth!

Here's a video (you'll have to click on the word 'Here' to watch the video on YouTube, as BloombergTV has disabled embedding) from a couple of days ago of (one of my all time favorite economists) Jeffrey Sachs being interviewed on Bloomberg Television. He really hammers home the point that (many others have also made) that before we can start seeing any real progress in this country, we're going to need to go to the public financing of campaigns. Well, he didn't exactly use those words, but the case he laid out and the evidence he presented clearly support that position. I was also amused by the way he handled the question about the Laffer Curve: he answered it the way any good biologist would answer a similar question about Intelligent Design.

2 comments:

Jon said...

Sounds a lot like Chomsky. Aside from people (myself include) becoming very politically active over a long period of time, I don't see any real solution. These are by far the most depressing times I've seen in my lifetime.

Norma said...

"before we can start seeing any real progress in this country"

progress is defined as. . .?