Deficits, Debts and Deceptions - Brecht Forum (08-23-11)

In the context of deepening economic decline, Richard Wolff analyzes and attempts to  answer these questions:

What were the causes and the results of the recent political theater focused on raising the US debt ceiling? What does the "deal" between President Obama and the Republicans mean economically and politically? What are the alternatives that Congress never explored? What can and should now be done, economically and politically?

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