On Borrowed Time (and Money) Lost Wars and a Lost Economy

PAUL CRAIG ROBERTS

President Bush and his neocon flaks have simultaneously lost two wars and America's economic future. Last Friday's payroll jobs report was a continuation of Bush's dismal record. Only 59,000 net new private sector jobs were created during September. That is about 90,000 less than would be needed to stay even with population growth. Like all jobs that the US economy has created in the 21st century, the September jobs are in domestic services...

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