Thursday, April 26, 2007

Economist Alan Blinder on the End of the Middle Class

Economist Alan Blinder - Vice Chairman on the Board of Governors of the Federal Reserve System - says Sector Protectionism is necessary now to protect the American middle class. Blinder's change of direction is necessary, he says, because job migration in the new economy has happened more quickly, and more broadly than expected.

He says we need to protect the middle class now or face a collapse of the engine of the global economy.

Worth a look, in this interview with Charlie Rose.


No comments:

Post a Comment