if you want a so-called free-market ,laissez-faire approach to the economy you're going to get big boom-bust cycles...the USA suffered DEPRESSIONS every 30 years or so until the great depression when people decided that a regulated market and a little socialism may be a good thing...the only thing preventing a total collapse of the financial markets now are some remnants of the New Deal that everyone's been trying to dismantle...you can't have it both ways...if you ascribe to the greenspan..freidman..ron paul free market philosophy that's what you get....ever play monopoly? that's what will happen....and is ...
this blind devotion to 'free trade' instead of fair trade has caused americans' standard of living race to the bottom and destroyed any manufacturing base we'd had except for arms sales...boeing's making a lot of money on that...the disparity in wealth is as wide as it was in the Gilded Age...
the great depression created an opportunity for the working people to get a little more equality and concessions from the powerful....willl we do it now?
..on his death bed Eugene Debbs was asked if he had any regrets...he said..."I regret that the american people could have anything they want but they seem to want so little of anything..." ..will that be us?