On Wed, Oct 22, 2008 at 10:17 AM, Doug Henwood <[EMAIL PROTECTED]> wrote:
>
> On Oct 22, 2008, at 1:12 PM, Louis Proyect quoted Robert Scheer:
>
>> Key among the good guys is former Federal Reserve Chairman Paul Volcker...
>
> Who said on taking office as Fed chair in October 1979, "The American
> standard of living must decline."


Let me be a bad guy too and say now that, yes, for the sake of world
peace, the environment and fairness in global resource allocation, the
American standard of living (as measured by GDP or energy usage or
something equivalent) must indeed decline.

As far as I am concerned, any Left movement that denies this is not
worth supporting.
-raghu.

-- 
Auto Biography (n) - The life story of a car.
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