Friday, January 09, 2009

Obama's New Deal - and the Free Market Fundamentalists

Obama is promising nearly $800 billion in training and infrastructure, including renewable energy projects. Great. But the Heritage Foundation, the voice of free market fundamentalists, wants tax cuts instead. "Individual wealth creation comes from the individual" is their mantra.

It was individualism that led Mrs Thatcher to say "There is no such thing as society". Which is clearly wrong, because homo "sapiens" is classified as a social animal.

Free market fundamentalists are financial terrorists, ready to destroy individuals, families, economies and societies in pursuit of their ideological goals.

There is no reasonable doubt that what the world economy needs now is a huge financial stimulus to move us to being an energy efficient, low carbon economy. Don't let anyone try to tell you otherwise.

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