Publications

Publicaciones

Search Publications

Buscar publicaciones

Filters Filtro de búsqueda

to a

clear selection Quitar los filtros

none

Article Artículo

Bill Keller's Center-Left Is the Reason We Are Growing Less Rapidly

Bill Keller gives us some holiday fun by getting almost everything completely wrong in contrasting the left-left (Elizabeth Warren and Bill de Blasio) with his friends, the center-left. There are so many profoundly ill-informed assertions that it might be hard to know where to begin if Keller didn't make it so easy. Keller tells readers:

"The center-left (I’m somewhat oversimplifying these categories) agrees on the menace of inequality, but places equal or greater emphasis on the fact that the economy is not growing the way it did for most of the last century. The sluggish growth means that not only are the poorest stuck at the bottom, but the broad middle is in economic decline."

The amazing part of the story is that Keller's center-left heroes are precisely the reason why the economy is not growing the way it did for most of the last century. Keller perhaps missed it, but it was the center-left that set the economy on a bubble driven growth path in the 1990s. The demand generated by the stock bubble was used to fill the hole created both by lower consumption spending due to the upward redistribution of income and the exploding trade deficit which resulted from Clinton's high dollar policy.

Keller's center-left friends also pushed financial deregulation so that their Wall Street friends could get ever richer at the expense of the rest of us. This deregulation facilitated the build-up of the housing bubble, the collapse of which gave us the current downturn from which we have still not recovered.

Given the origins of current weak growth in the policies of his center-left friends it is more than a bit bizarre that Keller would lecture the left-left about the need for stronger growth, as when he tells readers:

"The center-left — and that includes President Obama, most of the time — sees the problem and the solutions as more complicated."

Okay, that should be enough to get the gist of Keller's piece, now for some specifics. He outlines the left-left agenda:

Dean Baker / December 23, 2013

Article Artículo

Latin America and the Caribbean

Outrage Following Honduran Colonel‘s Attack against U.S. Human Rights Defender

Last week, Colonel German Alfaro, the commander of Operation Xatruch III in Honduras’ Aguan Valley, personally denounced Annie Bird, co-director of the U.S. and Canada-based human rights NGO Rights Action, on TV and radio, alleging among other things that she is engaging in “destabilization work” in the Aguan. The accusations, which were also covered in La Tribuna and Tiempo newspapers, came just after Bird accompanied campesinos in the Aguan to the Attorney General’s office to file human rights complaints, including some against Honduran soldiers. Alfaro also said he was opening an investigation into Bird’s activities.

In response, Human Rights Watch (HRW) issued a statement yesterday condemning Alfaro's accusations. This was followed by a statement today signed by representatives of 33 human rights, labor, faith-based and other organizations, including the AFL-CIO, Sisters of Mercy, and the Washington Office on Latin America calling on the State Department to denounce Alfaro's comments.

HRW's Americas Director Jose Miguel Vivanco also urged the U.S. government to condemn Alfaro's accusations:

Given its ongoing cooperation with Honduran security forces, the US government should use all the tools at its disposal to call a halt to verbal attacks on activists by senior Honduran military officials[.] Whether directed at human rights defenders or campesino leaders, such accusations only add to a climate of fear and intimidation.

Alfaro’s statements fit into an ongoing pattern of violence, intimidation and threats against human rights defenders in Honduras, both foreign and domestic, that has including the kidnapping by armed men of two European human rights defenders in July; threats and public accusations against American and Canadian human rights defenders and electoral observers ahead of and during the elections; and threats and public denunciations of Honduran human rights defenders like Bertha Oliva and Victor Fernandez.

CEPR / December 20, 2013