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Obama, Democrats abandon stimulus for austerity

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At www.wsws.org

the White House and the Democratic-led Congress are essentially ignoring the jobs crisis and condemning the American people to years of near-doubled-digit unemployment. They are doing so at the behest of the major banks and financial firms, which demand fiscal austerity to protect their speculative investments, profits and gargantuan salaries.

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At www.wsws.org


 

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