VIDEO: "The Servant Economy" - Jeff Faux
Propaganda from the right has blown away cooperation. Since Reagan, the future has disappeared from American politics. The idea of planning for the future was embedded in the New Deal and lost completely with Reagan. Reagan photoshoped the future. The future would be shaped by the market, not by the state. People don't see the importance of working together.
Video: The Servant Economy: Where America's Elite is Sending the Middle Class, 1 hr 3 min, Sept 9, 2012 from www.booktv.org
Jeff Faux, founding president of Economic Policy Institute predicts a dark future for the middle class in the U.S. Says that by the mid-2020s, American workers will see a significant decrease in their incomes and have less opportunities for employment as service jobs move overseas. Hosted by AFL-CIO in Washington, DC.
Jeff Faux is a distinguished fellow at the Economic Policy Institute and the author of "The Global Class War." His work has appeared in The American Prospect and The Nation.