US jobless figures: The specter of a new depression

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At www.wsws.org

Millions of Americans face the prospect of a sharp decline in living standards and conditions. Because of their commitment to the profit system, no section of the US political establishment—neither the Bush administration and the McCain campaign nor the Clinton and Obama camps—is capable of proposing any measures that will materially assist those seeing their jobs, homes nor social benefits disappear or devastated.

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At www.wsws.org


 

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