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This sign-on statement calls "For a Democratic and Just Response to the Global Financial and Economic Crisis"
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The People's Statement on the Global Crisis is initiated by RESIST! and the Asia Pacific Research Network (APRN). RESIST! is an international campaign against neoliberal globalization and war.
We hope to get your endorsement by signing-on.
Jobs and Justice Manifesto
Over the last three decades the advanced capitalist countries have tried to overcome the recurrent crisis of overproduction and to keep their economies and profits growing through the neoliberal offensive of exploiting cheap labor, seizing raw materials and dominating markets across the globe. Since the 1990s, they have resorted more and more to financial devices: speculative profits and debt-driven consumption and production.
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| Economic Crisis in 2010 and Beyond: Job losses will continue to rise |
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| Written by Jack Rasmus |
| Monday, 11 January 2010 11:14 |
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At the end of 2009, investors, business press pundits, and government policymakers alike reluctantly began to question whether the economic recovery in GDP terms would continue into 2010. Growing almost daily was talk of declining housing prices, rising home foreclosures and mortgage delinquencies, falling tax revenues, growing deficits for state and local governments, and chronic jobs losses occurring at a 200,000 to 400,000 monthly rate—depending on which of the government's two surveys is chosen. Even government policymakers at the highest levels, Fed Chair Ben Bernanke, for example, admit that job losses may continue for months, possibly several years, and that it will take another five years minimum—until 2016—to get back to a level of jobs that existed in 2007. Read more (in www.zmag.org) Add this page to your favorite Social Bookmarking websites
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