Monday, September 5, 2011

President Patronise!

"There's already a quiet crisis going on in the lives of a lot of families, a lot of communities across the country. They're looking for work and they have been for a while." President Obama

Unemployment has reached 9% in the US. The number of people out of work for six months or more hit 6.4 million in June. That's 44% of all 14 million unemployed Americans. This is the most since 1948, when the data was first recorded, according to the US Department of Labor.

Output from the manufacturing sector has slowed for the 6 month in a row reaching the figure it was back in August 2009. The contradictions of needing to expand production in a flooded market place with decreasing consumption will mean the US will struggle to avoid slipping back into recession or barely maintain stagnation.

With US debt levels at breaking point a sustained state-led stimulus package is unlikely and private investment will only lead to another bubble.

The contradictions at the heart of the monopoly capitalist system are unavoidable and war does not appear to be the solution it once was - despite increased US-led wars.

But a quiet crisis! That must change. The world over, working people are suffering as a result of the greed, inequality and irrationality of this system. But we must suffer in silence no longer.

Take inspiration from the public sector struggles of unions in the US, from the constant fight of the Palestinian people for dignity and their own state, from the heroism of Cuba in standing up for its socialism and humanity and from the Greek workers in their opposition to austerity and the EU.

Lets find our voice so that so-called leaders can no longer patronise as Obama so often does.

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