The right-wing chatter boxes continue to provide flawed analysis about the national and Wisconsin economy.
They ignore the fact that the U.S. economy was permanently and critically altered by NAFTA and other trade agreements that allowed $2.00 a day workers to replace American workers. They miss the point that a nation cannot engage in two wars at a cost of billions of dollars a week which do little to contribute to the productivity of the country.
When we look at the depth and breath of this depression, the worst economic crisis facing the nation since the 1930's, it is beyond fascination to see these extremists demanding the economy they destroyed be repaired in a year.
It took five years to come out of the Great Depression. That depression saw an expansion of jobs as the advent of World War II and American industrial might combined to right the greatest economy in the world.
The Republican banking crisis, the trade agreements pushed by the right and accepted by some Democrats, will take more than 12 or 18 months to fix.
It is time we come to recognize that 20% unemployment was avoided, that the majority of troubled financial institutions are now above water, and that depression did not cut deeper.